Did you know that cloud data centers will process 94% of workloads in 2021?
As cloud computing continues to grow, many businesses are beginning to take advantage of the unique benefits that it offers.
Your business could be much more efficient if you took advantage of the cloud. If you are not sure about how useful and important it is becoming, read this article. It will help you gain a better understanding.
What Is Cloud Computing?
In simple terms, cloud computing is the delivery of computing services. This includes software, intelligence, networking, storage, service, and databases.
Businesses only pay for cloud services as they use them, which helps to reduce their overall operating costs greatly. It also offers unique infrastructure advantages, as well as scalability.
Cloud computing eliminates the need for downloaded software to be run on a server in a building or on a physical computer. The same process is completed, but remotely on the Internet.
Using cloud computing allows businesses to access platforms, databases, and software remotely. This frees up the memory and power of physical computers, which can access data by retrieving everything from the cloud.
Put simply, all your documents, images, videos, sound files, spreadsheets, and other data are not stored in your computer’s hard disk, but rather in a remote computer. You can access all your files etc. from anywhere as long as you remember your password and username. We refer to these remote computers as The Cloud.
What Are the Advantages of Cloud Computing?
There are many benefits that an enterprise can take advantage of when implementing cloud computing into their business plan. Let’s have a look at some of them:
Reduced IT costs
If everybody in your company is storing all their work in the cloud, you won’t need to spend so much on in-house computers and software. Your own IT team will also be much smaller compared to a business of similar size that is not using the cloud.
In other words, you hardware and software costs will go down significantly as will the amount you spend on IT employees. IT, in this context, stands for Information Technology.
If you’re interested in learning more about how cloud computing can help your business save money, check out the NetSuite price.
Cybersecurity is becoming an ever-increasing concern for companies of all sizes across the world. Hackers are much more daring today, and their effects more devastating, compared to a decade ago.
With cloud computing, data security is significantly better than anything you could have in-house. Companies that specialize in cloud services have state-of-the art cybersecurity systems and expert personnel.
Your company’s data, especially crucial and confidential information, will be securely stored in remote computers.
Thanks to baseline protections for cloud storage platforms, access control, authentication, and encryption, your data is protected by several layers of security, making it significantly more difficult for hackers to break in.
The whole system prevents anybody from making unauthorized copies of files. Each user has access to his or her own data and can control exactly who can see, copy, or distribute it. It is crucial that you do not let anybody know what your password and username are.
Less risk of losing data
Losing data, for many companies, can mean the kiss of death. Data can be lost if somebody deletes it by mistake or a hacker gets in and wipes thousands of files clean.
A good cloud network will store data in three or more different locations, making it virtually impossible to permanently lose anything. If you accidentally delete something, you know that there are backups elsewhere.
Flexibility for employees
Remote working is becoming more common, and will continue spreading rapidly. What happens if you go home and plan to work there tomorrow but you left your laptop in the office? If your company uses cloud computing, that is no problem. With any computer, you can access your work in the cloud. All you have to do is log in.
As long as you remember how to log in (password/username), it doesn’t matter whether you left your computer at home. You can use your partner’s or children’s computer, or perhaps you have a spare one.
There are many other benefits, including stopping software piracy, boosting productivity, and automatic software updates.
Scalibility refers to how something can adapt to greater demand. As your company grows, so will its IT requirements. Cloud platforms can meet that expanding demand. Most services deal with companies of all sizes.
The Importance of Cloud Computing
According to Markets and Markets, the global cloud computing market is expected to reach $623.3 billion by the end of 2023, compared to $272 billion in 2018. That is CAGR of 18% over a five-year period. CAGR stands for Compound Annual Growth Rate.
Article you may find interesting: “What is Cloud Computing?”