The 8 Ways Cloud Computing Increases Productivity and Profits
When you run a business, you need to leverage the most economical and practical solutions. Cloud computing is one of the solutions that most people have heard of, but do not fully understand. If you assumed this was a passing trend, you need to reconsider. Moving your IT operations to the cloud will be good for your business and there are 8 reasons why.
Reduce IT Problems
Cloud computing gives you the ability to outsource your operational IT to an external company basically. When this happens, the risks and burden of maintaining the in-house IT infrastructure will be shifted. Your cloud service provider will have to assume all of the risks and the majority of the burden.
Good service providers will take care of a lot of your IT needs including updates and security. They will also take care of routine maintenance. This will not only save you time and money, but you will also be free to work on other key areas.
A lot of companies are reluctant to move to the cloud because of a misconception that in-house IT operations will be safer. Moving to cloud computing will give up some of the control that you have on the IT infrastructure, but that does not mean it is not secure. In many cases, the cloud service provider could be looking after our data in a more secure manner than you are able to.
There are many solid cloud computing providers such as Oracle who have robust security protocols in place. They are also able to clearly outline methodologies to ensure that you are confident in their ability to manage your data.
The Economical Solution
Your business is there to make a profit and when you cut operation costs, you will be able to achieve your goal with greater ease. The financial benefit of cloud computing is one of the greatest. The financial model for cloud computing is one that is both economical and predictable. There are no upfront costs, you will have a flat monthly rate per user or bandwidth used and you can easily scale your needs.
When you switch from legacy servers to cloud-based ones, you will also eliminate the need for a server environment. The demands for IT support staff and the amount of energy that you use will also be reduced which translates into more money for your business.
A Connected Workforce
Frost & Sullivan completed a survey that found companies who invest in collaborative technology will increase productivity by as much as 400%. When you use cloud computing, you make it easier for your employees to collaborate. All workers will be able to access the documents and files they need from wherever they are.
This will eliminate unsecured processes of sending files back and forth via email. You will also create a more streamlined process. When you make collaboration more efficient you will see an improvement in the bottom line of your business.
Functionality, Flexibility, And Efficiency
The business landscape is constantly changing and you do not want to adapt too late. While there are some aspects of the business that are harder to adapt to than others, you can overcome some of the problems with being as nimble as possible.
This is where cloud computing can help as it provides you with more flexibility. You will not only be able to adapt to external conditions but increased internal demands can be easily met. If you have more users, your cloud computing can rise to the occasion while easily dropping when the demand drops. This means that you never have to worry about IT system overloads or over-provisioning.
Better Disaster Resistance
When a disaster hits your business, you can easily lose some of your important data. This is an issue that data back-up providers have long warned against. However, the availability of cloud computing will make it easier to heed the warnings from these companies.
One of the leading providers of data services is Oracle and they focus on innovation and security. This means that the cloud storage offered by them will be more disaster resistant than other options on the market. The virtualization of your data will ensure that there is a cloud version of all your data ready and available for you when something goes wrong.
The Harvard Business Review Analytic Service carried out research and found that 74% of businesses feel that cloud computing gives them a competitive advantage. The primary reason for this is the fact that cloud computing allowed them to capitalize on opportunities faster than their competitors. This means that cloud computing allows companies to develop with speed and agility that directly affects their bottom line.
Cloud computing can act as a facilitator which enables companies to respond to customer needs faster and bring products to the market faster. This also means that smaller businesses will be able to better compete with their larger competitors.
Makes Big Data Easy To Manage
Cloud computing will make it easier for companies to handle Big Data. Traditional data storage have not offered the most straightforward way for companies to complete advanced analytics of their databases. In large firms, this has resulted in weeks spent processing everything and the need for specialists.
Cloud computing will provide all of the tools that are needed to sort through unstructured data easily and quickly. This is another way that cloud computing can positively affect profits and productivity.
There are many companies, including Oracle who have started to focus their attention on cloud technology. This is a clear sign that there is a shift in business data management and you need to consider this.