How to Start a Business with No Money

Your Hand Guide to Starting your Own Successful Business

10+ Advantages of Cloud Computing for Small Business

What is cloud computing? What are the advantages of using cloud computing in a small business? What competitive advantage does cloud computing offer my business? Well, if you are running an I.T oriented company, or you do business on the web, then i advice you read on to find the answers you seek.

According to Wikipedia,

Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network (typically the Internet). Cloud computing entrusts remote services with a user’s data, software and computation. End users access cloud-based applications through a web browser or a light-weight desktop or mobile app while the business software and user’s data are stored on servers at a remote location. Proponents claim that cloud computing allows companies to avoid upfront infrastructure costs, and focus on projects that differentiate their businesses instead of infrastructure.

Now being an executive in a company gives you a lot of responsibilities and one of them is to ensure that your company’s computers and IT systems are efficient. If you are a company executive, then you have probably heard of cloud computing. And if you have not been using this in your company yet, you should start using it now so that you can enjoy the 10 advantages of cloud computing for small business. But before you learn about the 10 advantages of cloud computing for business, you should first learn what cloud computing does exactly.

 How Cloud Computing Works

Cloud computing integrates all your software in one system. This means that you do not need to install all the software and programs to each and every computer in your company. You only have to load this one application to your IT system and connect all your computer networks to the system so that all the employees can use all the software and programs that your company needs. So without wasting your time, below are the 10 advantages of cloud computing for business that you should know.

Top 10+ Advantages of Cloud Computing for Small Business

1.  Flexibility

A Company that is I.T oriented needs more of bandwidth than usual, and what other service would be better than a cloud-based service that can instantly meet the demand because of the vast capacity of the services rendered by remote servers. In fact, flexibility is very important and that’s why 65% of respondents to an InformationWeek surveys said ‘’the ability to quickly meets business demands’’ was the most important reason to move to cloud computing.

2.  Disaster Recovery

When your company is relying on cloud-based services,  there is no need for complex disaster recovery plans. Cloud computing providers will take care of most issues, and they will do it faster. Businesses which uses the cloud are able to resolve issues in an average of 2.1 hours as discovered by Aberdeen Group, which is nearly four times faster than businesses that do not use the cloud (8 hours). Mid-sized businesses had the best recovery times of all, taking almost half the time of larger companies to recover as discovered by the same study.

3.  Automatic Software Updates

UK companies spent 18 working days per month managing on-site security alone in 2010. But cloud computing suppliers handles the server maintenance-including security updates-themselves, thereby freeing up their customers’ time and resources for the other tasks.

4.   Low Cost

The cloud computing services are seriously pay as you go, so there is no need for capital expenditure at all. Your IT costs will be greatly reduced since you do not need to install all the software, hardware, and applications to all the computers in your company. You also do not need to pay for licensing fees in case you want to add another user for the software or program. And because of the fastness of cloud computing to deploy, businesses have minimal project start-up costs and predictable ongoing operating expenses.

5.  Collaboration Increase

The cloud computing  do increases collaboration by allowing all employees—where they are-to sync up work on documents and shared apps simultaneously,  and as well follow colleagues and records to receive critical updates in real time. A survey by Sullivan and Frost discovered that companies which have invested in collaboration technology had a 40% return on investment.

Top 10+ Advantages of Cloud Computing for Small Business

6. Working From Anywhere

As long as employees of your company have internet access, they are capable of working from anywhere at any time. This flexibility positively touch knowledge workers’ work-life balance and productivity. 42% of working adults give up some of their salary if they could telecommute, and on average they would take a 6% pay cut as discovered by one study.

7.  Control of Document

‘’73% of knowledge workers collaborated with people in different times zones and regions at least monthly according to one study. If a company do not use the cloud, workers will have to send files back and forth over email, which means that only one person can work on a file at a time and the same  document will have tones of names and formats. Cloud computing will keep all the files in one central location, and all works off of one central copy. Employees can even chat to one another whilst making changes together. All this process makes collaboration stronger, which will increase efficiency and improves a company’s bottom line.

8.   Security

There are some lost of 800,000 laptops each year in airports alone. This can have some serious monetary implications, but when all thing is stored in the cloud, data can still be accessed despite what happens to machine. Since you are using a cloud system to share data, you no longer have a need for a third party which will serve as a data center to share information.

9.  Competitiveness

The cloud will grant SMEs access to enterprise-class technology. It will also allow smaller businesses to perform faster than big established competitors. Companies that don’t use the cloud had to rely on tape backup methods and complicated procedures to recover-slow, laborious things which cloud users simply do not use, allowing David to once again beat  Goliath as eventually discovered by a study on disaster.

10.   Fewer technical issues

Another advantage of cloud computing for business is fewer operational issues. The system is standardized which means fewer errors.

Top 10+ Advantages of Cloud Computing for Small Business

11.   Easy to monitor

Monitoring the performance of your software and applications will also be easier with cloud computing because everything is integrated in one system.

12.  Faster response time

If there is a problem with your software or hardware, it is easier to resolve the issue with the cloud computing system. And if problems are resolved right away, activity in the workplace will be maintained.

13. Friendly with the Environment

Using cloud computing only use the server space they required. Which will decrease their carbon footprint. Using the cloud will result in at least 30% less energy consumption and carbon emissions than using on-site servers. And again, SMEs will get most benefit. For small companies, the cut in energy and carbon emissions is likely to range 90%.

In conclusion, the above are the benefits or advantages you stand to gain when you put your business on the cloud using cloud computing. So if you are running a business and you have not yet incorporated cloud computing in your business processes, then you are leaving a lot of money and efficiency on the table.

StrategicBusinessTeam.com © 2009 - 2015. All Rights Reserved | See Privacy Policy and Terms and Conditions.