When you are taking charge of a business, there is no doubt that you will be eager to learn the best measures you can put in place to enhance productivity and profitability. There is no doubt that technological advancements have played a great part in the growth of business in modern times. Almost every company has an online presence in modern times, as they look to reap the benefits that come with online marketing. Most companies are also investing in IT solutions to help enhance efficiency and improve productivity. One of the practices that can help a business grow is cloud computing.
Cloud computing has been around for about two decades. Despite the data pointing to cost benefits, business efficiencies, and competitive advantages, there is a large part of the business community that is yet to reap the benefits that come with cloud computing. However, the number of companies that are spending on cloud computing is one the rise. A study by the International data group indicates that 69% of businesses are using cloud technology in one way or another. At the same time, another research by Dell has reported that companies that choose to invest in cloud, mobility, big data, and security are set to enjoy up to 53% faster revenue growth when compared to their competitors. The decision to spend on cloud computing services will see a business deliver quality services to their clients, run the organization more efficiently, and enjoy a dramatic rise in their overall profit margins.
In the last few years, cloud computing is a term that has gained widespread use. The exponential increase in data use means that companies that have a hard time as they try to keep all of their vital information, systems, and programs up and running while relying on in-house computer servers. The solution to this problem is making the switch and utilize cloud computing services.
Cloud computing functions on a similar principle to web-based email clients. It will allow the users to access all of the files and features of the system without the need to have the bulk of that system in their own in-house servers. The best part about using the cloud for your businesses is that your data and information security will be enhanced. Cases of data loss will also be prevented, considering that data can always be retrieved from the cloud when required. 94% of businesses that switched to cloud computing have indicated that they saw an improvement in security.
The decision to choose cloud hosting will also work to enhance flexibility in the business. When you opt to let another firm handle the IT needs of your business by outsourcing cloud computing, it will be a chance to focus on core tasks in your business. You will get more time than you can devote to elements and functions that affect your business directly. Cloud computing will also enhance mobility in business, considering that it will allow access to corporate data from a variety of devices such as smartphones and laptops.