10 Great Reasons Why You Should Move to Cloud Computing Solutions
Did you know?
- Amazon accounts for more than 50% of its profits to cloud computing
- By 2020, cloud computing will grow to a $162 billion industry ; and
- On-premises data centres experience a higher rate of security incidents. This is as high as 51%, unlike cloud storage solutions, which offer better security features.
Cloud solutions, are the new-age IT infrastructure, proliferating across businesses around the world today. In fact, according to the survey results of the RightScale 2018 State of the Cloud Report, it has been stated-
- 81% of enterprises prefer a multi-cloud strategy; and
- over 38% saw the public cloud as their top priority.
While the statistics above are some reasons why businesses should move forward to adopt cloud technology, there are more reasons to cite its usefulness. Hence, to make you understand the importance of making the shift to adopting cloud computing solutions in this digital age, here are 10 reasons to help you.
10 Advantages of Making the Shift to Cloud
Cloud computing solutions are utopian for growing and struggling businesses since we can easily scale them up or down as required, drawing on the service’s remote servers. The level of agility offered by cloud computing for businesses gives them a real advantage over competitors.
Conventional IT solutions can be too demanding for businesses forcing them to commit most of their attention towards data storage and computer issues. This hinders businesses from concentrating on other business goals and customer needs. Cloud computing solutions can help businesses to overcome these problems.
According to Gartner Inc., a global leader on research and advisory, 90% of operations for disaster recovery will run on the cloud by the year 2020. Disaster recovery is one of the biggest use cases for hosted private cloud, and most organizations are relying on it to ensure that they retain access to critical corporate data. In case of threat to data, cloud computing solutions empower businesses to backup and restore what’s important.
Additionally, cloud computing solutions save businesses time. Otherwise, we would require to transfer and store data manually, especially when a disaster occurs. With such solutions, the entire process is automated, thus ensuring that work is done faster and without error.
Automatic software updates
Businesses can now forget about spending hours at a time trying to keep their software updated manually. The beauty of cloud computing systems is that you do not have to worry about their maintenance because your suppliers are there to look after it. Your cloud service suppliers ensure that your IT requirements are taken care of along with regular software updates and security updates on their schedule. Thus, you as a business do not have to worry about wasting time maintaining the system on your own.
Using cloud computing solutions eliminates cost that is incurred as a result of in-house storage, software updates, and data storage to name a few. Especially, when businesses use cloud-based services, it allows them to pay on a subscription-based model or to simply pay on the go. In brief, with cloud-computing solutions, any high- costing project can look a lot friendlier.
Increased team collaboration
Another great benefit of incorporating cloud computing into businesses is team collaboration. As per the reports by Cloud Security Alliance, users have regular requests to buy more cloud applications from over 79% of companies, collaboration and file sharing being the two most requested cloud services. With cloud computing team members can access and edit files in real-time and from anywhere in the world.
Work from anywhere
Cloud computing allows businesses to offer their team members flexible working hours, which means that they can enjoy a suitable work-life balance. According to studies, it was found that-
- 42% of workers were ready to exchange a part of their pay if they were allowed to telecommute.
- These workers were willing to even take a 6% pay cut for it, on an average.
Cloud computing gives businesses more control over their documents, especially when they collaborate on it more than often over the cloud. This calls for the need for watertight document control. Prior to the availability of cloud computing solutions, team members communicated by sending files back and forth via email. This enabled them to work on files one user at a time. This usually resulted in a conflict of the file content, thus leaving scope for complication.
When businesses move to cloud computing, the scenario differs. All files are stored centrally and accessible by authorised people. Thus we can say cloud services give businesses better visibility, which results in better and more streamlined work practice.
Cybersecurity is an ever-increasing issue for most businesses. As per the 2017 Cost of Data Breach Study: Global Overview, the overall cost for a data breach, on an average, is $3.62 million. Another research by Kaspersky Lab, a single ransomware incident can cost a company more than $713,000 on average. To overcome such situations, cloud computing offers better IT security that has quicker response to threats and also gives businesses the time to focus on risks. In brief, we can say that cloud computing gives greater security to your data since you can access it irrespective of what or where your system is, also allowing you to remotely wipe data from lost laptops so it doesn’t get into the wrong hands.
Adopting cloud computing solutions gives businesses access to enterprise-class technology, giving them a competitive edge over others. Even small businesses that adopt this technology are empowered to act as fast as big companies.
Fewer Carbon Footprints
According to a new study, companies can reduce their carbon footprints by over 50% when they move to the cloud. In fact, research by Pike Research claims that cloud computing can actually reduce the use of energy by 38% in the world’s data centres by the year 2020. Cloud data centres help saving energy. They are built to achieve high virtualization ratios, mainly on much newer and efficient equipment.