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In this day and age of digital technology and an ever-growing remote workforce shifting to cloud computing is practically a no-brainer. What exactly does cloud computing mean? It’s simply computing that is based upon the web. While in the past users would run apps or programs using software on a physical machine or server located in their office with data stored on the computer or server, cloud computing gives users access to these types of software and personal information via the internet.

Cloud computing has been around for over two decades but has seen a rise in popularity in the last five years due to our dependence on and the increasing usage of data. Actually, a lot of users don’t even realize that they’re using cloud technology in the daily lives of their families.

If you’re streaming Netflix you’re making use of cloud computing. The checking of your bank balance is done via your bank’s application, it’s done through the cloud. Facebook and Instagram are applications that use cloud-based computing systems.

If you’re an entrepreneur with a limited budget most likely, you depend on cloud computing for the solution to various business problems regardless of whether you’re sending emails while on the move or making use of apps to help control your workload.

Benefits of Cloud Computing for Small Business.

In short, cloud computing has become the new norm. Cloud computing can save businesses time and money by increasing productivity, enhancing collaboration, and encouraging innovation. There are five other advantages that small and midsize companies are able to reap through cloud computing:

Highly Accessible Data.

Cloud computing can be used by companies to allow access to information from any device compatible with it. Instead of storing data on your laptop or server at your office, cloud computing stores data via the internet. The information is accessible via a central hub on the internet that allows anyone with valid credentials access to any place that has an internet connection.

Keeps Consistency between Users.

If multiple employees are engaged in the process of working with the same file it’s possible for mistakes to occur. Because cloud-hosted files are stored at the same place the data is automatically synced across every device, which means you’re using the most recent version of the files.

Supports Remote Programs.

Companies rely on software that isn’t typically employed at home. Because specialized software is typically installed on corporate computers at work, cloud computing allows customers to use all kinds of software and files like they are at work. By eliminating the barriers of access for employees to use the software they are comfortable with, no matter the location they’re in, cloud computing can bring offices to your table at home.

Easy Backup of Data.

Catastrophic data loss could occur at any moment. It doesn’t matter if the loss is caused by natural catastrophes, power surges, or hardware malfunction, companies are at a greater chance of going bankrupt within the same year due to the loss of data. Most businesses have implemented backup plans but it is beneficial to have extra backup plans in place. Utilizing the cloud to store important information businesses can rest at ease knowing that their important documents are secure even in the event the hardware is damaged.

Cost-Efficient.

Maintaining and purchasing server equipment takes patience, experience as well as money. Instead of creating your own custom server that is susceptible to failure, cloud computing provides data storage for you with no negatives. The costs for cloud-based services for businesses remain a monthly cost however, it’s a manageable, affordable expense in many ways.

Facilitate Team Collaboration.

If your team members can access the documents, edit them, and share them at any time and from any location they can do more in tandem and work better. Cloud-based workflows and file-sharing software allow teams to make changes in real-time and provide them with complete visibility into their collaboration.

If you’re looking for your workers to be connected more closely, especially those who work from home, cloud-based solutions can also provide collaboration spaces.

Security of Data.

Loss of data is a huge worry for companies in the present. Through accidental deletion to malicious attacks by third parties to access information or hold it for ransom, There are plenty of dangers for modern business. With the increasing importance of data and its security, it is logical for small companies to transfer their data and processes to a secure server instead of an in-house server.

Although it could be that storing your data elsewhere in a remote location, where it can be accessed is a higher risk cloud providers are experienced in security issues like encryption, authentication, and permissions. You are able to choose who has access to what information and the service can assist you in protecting your data.

Verdict.

Cloud computing will be the new way to do business and you can reap its advantages even if you utilize onsite solutions thanks to the widespread use in hybrid cloud services. By moving your data to cloud storage and keeping the rest on-premise, you can enjoy the best of both worlds, and keep pace with your competitors.

Whatever option you pick – hybrid or full cloud – it’s important to consider how these advantages can yield an outstanding ROI for your company. Cloud computing has the potential to help your company grow at a lower cost, particularly in comparison to hosting and building the entire system on servers you own.

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