There is no iota of doubt that businesses are leveraging cloud computing to reap huge benefits. As per recent study, cloud technology has extensively been used by 69 percent of businesses while 18 percent of the businesses are planning to migrate to cloud. Undoubtedly, cloud offers several benefits including business efficiencies, cost benefits and competitive advantages. As per Dell reports, organizations investing in big data technologies, cloud, mobility, and security get up to 53 percent faster revenue growth than their competitors. With cloud, organizations can manage their operations seamlessly while better serving their customers.
What is Cloud Computing?
Cloud Computing simply refers to delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale. These services are categories as Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). In the past, applications or programs usually run from the physical computer or server. With cloud computing, users can simply access software/ applications/ program with the help of web interface or browsers.
Benefits of Cloud Computing
Disaster recovery & Business Continuity:- Business data is very important for any organization. Storing data on the cloud ensures that your data is safe & secure even in the emergency scenarios like natural disasters or power outages. In order to ensure the safety of data, Cloud Service providers establish their data centers across different geographies. Furthermore, they are responsible for routine back-up and maintenance. Data on cloud will offer you real-time visibility as all you need is an internet connection.
Mobility:- Cloud computing enables you to have access to your corporate data via smartphones and devices. Cloud ensures real-time visibility of data to staff members, enabling more informed decisions with better collaboration. Cloud enables you to keep coworkers instantly updated with the latest happenings across the organization.
Insight: In today’s competitive market, “data is considered as the key to success”. Leveraging the cloud technology, you can easily get useful insights about your customers, employees & partners. Cloud analytics enable you track the important KPIs (Key Performance Indicators), based on which you can build action plans to meet organizational goals.
Scalability:- Cloud enables you to efficiently — and quickly — scale up/down as per changing business needs. With cloud, you can easily meet fluctuating bandwidth demands. You can easily increase your cloud capacity without having to invest in physical infrastructure. This level of agility can give businesses using cloud computing a real advantage over competitors. Furthermore, it also mitigates the risk associated with in-house operational issues and maintenance.
Cost:- Last but not least is the cost. With cloud you don’t need to bear huge upfront cost involving computers, servers, hardware, software & IT manpower. With cloud vendors, you get the flexibility to pay as you go. You don’t need to bother about maintenance, back-up & security.