Why Cloud Computing is important for Businesses?

What is Cloud Computing?

Cloud Computing is the immediate access of resources, applications, services, data storage, development tools and networking systems via the internet. It is hosted at a remote data centre managed by a cloud services provider.

Instead of keeping important files and data on a hard drive or local storage device, cloud-based storage makes it possible to save them to a remote database. If the device, you are using has access to the internet then it has access to the cloud storage application.

Switching to cloud computing has become a popular option for businesses for various reasons, below we look at the benefits cloud computing can have on businesses.

Top benefits to Cloud Computing:

Cost savings:

With just the initial outlay costs, all updates and maintenance is funded by the cloud storage provider. Purchasing ongoing cloud storage may cost extra, but it can be significantly less expensive upfront.  Furthermore, businesses can almost instantly scale up or down their cloud storage needs.

Increased productivity and efficiency:

The cloud also enables employees to collaborate with colleagues and work remotely while facilitating smooth document collaboration. Employees will only see the most updated version of a file.

Data and analytics can be shared across the entire company in real-time to aid decision-making, reduce duplication, and minimise errors.

Performance:

There can ultimately be an increase on a company’s overall performance whilst using cloud storage due to faster product development, deployment, and efficiency in the way their employees work.

Security:

Cloud security has become a major concern due to the volume of personal data being stored. Many users are left wondering whether their information is safe. A good cloud storage provider will have data redundancy; storing the same files in multiple physical locations so that it survives any human errors, equipment failures, or natural disasters. A reputable provider will also store and transmit data securely so that no one can access it without permission.

Environmental benefit:

In addition to the technology and financial benefits of cloud computing, there are often many positive environmental benefits. It reduces energy consumption, waste and carbon emissions. Using cloud servers means that companies produce half the amount of carbon emissions they otherwise would.

Conclusion:

Cloud computing has many benefits whilst allowing companies to save resources and operate with increased efficiency. The world’s environmental ecosystem is stronger and more secure, partly because of cloud computing. But, choosing whether cloud computing is right for your business comes down to each companies’ preferences. Use the above benefits to weigh up the decision and most importantly make the choice that is right for your business.

To discuss whether cloud computing is right for your businesses and help with implementation, please contact us at Magnetar IT | Contact Us – Magnetar IT