Head in the Cloud: Six Benefits of Cloud Computing

January 9, 2020 By CM Group

Businesses are always seeking ways to make their operations more efficient, flexible, and cost-effective. One solution that is certain to improve how your company operates and manages its data is through cloud computing. Cloud computing is changing the way businesses operate by shifting company files and systems from in-house servers and hardware to web-based systems. With cloud computing, data is stored in a cloud-hosted server, which allows employees to access information anytime and anywhere without having to be in the office. Cloud computing provides many advantages, including the following six benefits.

Costs

Cloud computing offers a cost-effective solution to managing your company’s data. While there may be some initial costs with making the switch to the cloud, the return on investment is worth it. Most cloud computing services allow you to only pay for the features and data storage space that you need and use, allowing you to save money by not paying for features you don’t need. Cloud computing also reduces IT costs. You no longer require as much hardware, equipment, and facilities to operate your business since your data is stored in the cloud. This reduces operational costs and the workload of your company’s IT team. Additionally, cloud computing helps your teams to work more efficiently, saving time and money. 

Security

While many companies think that their data are safer stored on-site rather than in some off-site cloud, this may not always be the case. Cloud hosts have significant measures for monitoring and maintaining the security of your data using advanced security features like authentication, encryption, and control over access. Furthermore, cloud-based services often offer different levels of security that your business can set based on individual users so some users can have more access to data and others less. 

Data Back-up & Recovery

When data are stored on-site on office computers, they are at risk of being easily compromised if there are any hardware issues. With cloud computing, even if the hardware breaks or is stolen, your data are still safe from being permanently lost and are always accessible in the cloud. When there are larger issues like natural disasters and power outages, your data can be recovered quickly. 

Data Analytics

Big data is taking on greater importance for businesses to remain competitive. Cloud computing can offer solutions for analyzing your company’s data through such avenues as data reports and analysis for the data stored in the cloud. 

Flexibility

The cloud offers businesses greater flexibility by making your data available 24 hours a day, seven days a week from any place and any device that can access the cloud. This offers more opportunities for employees to work remotely since they aren’t tied to on-site hardware and can easily access data outside of the office. Cloud computing also offers flexibility through pay-for-use options, and you can easily adjust these features and storage capacity based on your changing company needs.

Collaboration

The cloud also offers flexibility in terms of collaboration. Rather than having to email documents, employees have the ability to securely share documents and edit them simultaneously through the cloud. This means that there aren’t multiple versions of one document being produced. Files can also be shared with contractors and other parties. Better collaboration improves overall efficiency.   

Making the Switch

The benefits of cloud computing are undeniable. For your company to remain competitive, you must recognize these benefits and make the switch to the cloud. Once you do, you’ll soon begin to see the return on your investment.