How Cloud Computing is changing the Business World

How cloud computing is changing the business world

The cloud has become an integral part of our professional lives, as the technology provides every worker with the tools to perform complex operations via the simplest of methods.

In recent years, the cloud has emerged as the most in-demand solution for companies in virtually every industry, due in part to its ability to transform existing business models. As companies’ IT needs continue expanding, there is a larger amount of data being accumulated with every passing second. Due to this growing need, businesses need to be equipped with the tools capable of analyzing this data in order unearth valuable insights from it.

While the cloud can save files and parse data, it is capable of so much more. Read on to understand how cloud computing is changing the business world.

1. Operational improvements: Growth is inevitable; as companies grow, so do their operations. Buying servers or allocating server space solely using on-premise solutions is a thing of the past. Nowadays, cloud service providers such as AWS and Microsoft Azure can help increase your storage capacity, ensuring that your data needs are always met. Cloud providers provide you with added server space, charging you based on the storage amount and time spent on the server. Through this service, companies can easily scale their business applications and operations according to demand at a lower cost than the alternative. Scaling up or down is affordable and flexible, as organizations pay for what they use. For organizations with a large amount of resources, there are a host of new applications that can benefit them immensely.

2. Deal with customer needs effectively: A solid customer support strategy is key to the success of a company. The cloud enables the creation of effective, customer-oriented apps, adding a level of personalization to customers’ app experiences. Company employees around the world can access information regarding a customer’s in-app experience. These workers can then use this information to offer that customer feedback and support relevant to the customer’s situation in real time. The cloud has essentially simplified the process of connecting employees and customers in a mobile or desktop environment.

3. Cost savings and cost reductions: Centralized data stored within the cloud allows anyone to access the same piece of information from different locations around the world. This solution helps save time when it comes to reaching a resolution surrounding an issue. Since an organization’s time is extremely precious, the cloud can help enhance productivity and save costs. In other words, workers can get more done over a shorter span of time.

4. Cost effectiveness Another factor worth considering about the cloud is its ability to lower costs. Due to the fact that a company pays for its storage space and the time spent online, there can be massive savings in terms of server rents and other associated structural costs. When it comes to traditional methods of server hosting, IT teams have often needed plenty of manpower to maintain and update these servers. With the cloud, there is no need to use too many resources for this purpose as everything is taken care of by the cloud vendors. This translates to better savings for a company as there is a lower overhead and less workers necessary to maintain the server. The responsibility of maintaining the cloud’s operations is handed over to the vendors, relieving the company of these responsibilities.

5. Security is important: Cloud providers are rapidly enhancing their services to help companies meet their security demands. We live in a word where data security has become more important than ever, especially at a time when data breaches are happening left and right. When one compares on-site servers and online servers, cloud servers will always emerge as the clear winners. Cloud service providers configure their services to meet a company’s needs, which is further enhanced with top security software and other tools to keep its data safe. All data is stored in a centralized location, which is protected with ironclad security tools, guaranteeing that there is the maximum amount of security protection for your online data.

6. Enhanced flexibility: When it comes to the cloud, there is plenty of flexibility available to the employees of a company that adopts cloud solutions to its fold. Employees located all over the world have greater mobility and flexibility to access customer-based data, which was previously not possible due to location restrictions. Everything is available online via the cloud, eliminating the need to use hard copies of the data. Storage is easier, and everything has become available, no matter the time or location restrictions.

Also Read

Best Practices for Ensuring DevOps Security
Business Benefits with Serverless Computing
Data Backup and Recovery in Cloud Computing
Six Secrets to Big Data Success

Top 10 Advantages of Cloud Computing

cloud computing

In simple words, cloud computing may be called as computing that is based entirely on the internet. As in the past, where people needed to run programs or applications from software which would be downloaded from a server or a physical computer, cloud computing services help them to access those applications through the medium of internet. When you make any status update on your Facebook account, you make use of cloud computing. When you check your bank account balance on the phone, again you make use of cloud computing. We can say that cloud computing services are becoming the new common.

The most trending cloud computing services are the AWS Cloud Services (Amazon Web Services). It is an evolving and comprehensive platform for cloud computing offered by Amazon. It offers more than three others varied services including RedShift, DynamoDB, and Mechanical Turk etc.

According to the estimates, 90% of the businesses in the United Kingdom are using a minimum of one cloud service. Have you ever wondered why so many businesses are moving towards it? It is simply because there are several advantages of cloud computing. It helps in improving the cash flow, increases the efficiency and numerous others. Have a look at these top 10 advantages of cloud computing.

1. Less Costs
The services are free from capital expenditure. There are no huge costs of hardware in cloud computing. You just have to pay as you operate it and enjoy the model based on your subscription plan.

2. 24 X 7 Availability
Most of the cloud providers are truly reliable in offering their services, with most of them maintaining an uptime of 99.9%. The workers can get onto the applications needed basically from anywhere. Some of the applications even function off-line.

3. Flexibility in Capacity
It offers flexible facility which could be turned off, up or down as per the circumstances of the user. For instance, a promotion of sales is very popular, capacity can be immediately and quickly added to it for the avoidance of losing sales and crashing servers. When those sales are done, the capacity can also be shrunk for the reduction of costs.

4. All over Functioning
Cloud computing offers yet another advantage of working from anywhere across the globe, as long as you have an internet connection. Even while using the critical cloud services that offer mobile apps, there is no limitation of the device used.

5. Automated Updates on Software
In cloud computing, the server suppliers regularly update your software including the updates on security, so that you do not need to agonize on wasting your crucial time on maintaining the system. You find extra time to focus on the important things like ‘How to grow your businesses.

6. Security
Cloud computing offers great security when any sensitive data has been lost. As the data is stored in the system, it can be easily accessed even if something happens to your computer. You can even remotely wipe out data from the lost machines for avoiding it getting in the wrong hands.

7. Carbon Footprint
Cloud computing is helping out organizations to reduce their carbon footprint. Organizations utilize only the amount of resources they need, which helps them to avoid any over-provisioning. Hence, no waste of resources and thus energy.

8. Enhanced Collaboration
Cloud applications enhance collaboration by authorizing diverse groups of people virtually meet and exchange information with the help of shared storage. Such capability helps in improving the customer service and product development and also reducing the marketing time.

9. Control on the Documents
Before cloud came into being, workers needed to send files in and out as the email attachments for being worked on by a single user at one time ultimately ending up with a mess of contrary titles, formats, and file content. Moving to cloud computing has facilitated central file storage.

10. Easily Manageable
Cloud computing offers simplified and enhanced IT maintenance and management capacities by agreements backed by SLA, central resource administration and managed infrastructure. You get to enjoy a basic user interface without any requirement for installation. Plus you are assured guaranteed and timely management, maintenance, and delivery of the IT services.

Even the few of these advantages of cloud computing might be enough to persuade businesses to move onto the cloud computing services. But when summed up all of these 10, it is accosting no-brainer domain.