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What are the Benefits of Cloud Computing for Business

Estimated read time: 6 minutes

Interested in the top 10 benefits of cloud computing for business? 

You’ve come to the right place.

In this article, I’m going to outline some of the major benefits of cloud computing for business below.

Top 10 Benefits of Cloud Computing for Business

The disadvantages of cloud computing services are few and far between, and you’ll find that the benefits often outweigh the risks. Here are some of the massive benefits of cloud computing for business.

Flexibility

When weighing the pros and cons of cloud computing, it’s important to consider how flexible cloud services really are. Cloud computing has major flexibility for a growing business. This is perfect for:

  • Businesses that are just starting out
  • Businesses that are launching new products

If your business is expecting to grow, cloud computing makes that easy. You can swiftly increase your cloud capacity if you require more bandwidth from the service’s remote server.

It’s often as easy as clicking a button – and, also helps ease some of the risks associated with growing your business.

Imagine having to splurge on hardware to grow your business when you’re not sure if your business will actually keep growing throughout the next few months.

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With cloud computing, you can increase and decrease your capacity with the click of a button, and you’re not stuck with some massive investment you don’t need.

Automatic Software Updates

Admit that you don’t want to spend your time sitting around updating drivers on your company’s computers.

Imagine all the money you’d save if you didn’t have to have one of your employees waste their time focusing on that (though we’re sure your IT guy won’t be thrilled).

The cloud service provider you partner with for cloud technology rolls out regular updates (including important security updates) on their own.

You don’t have to even give it a second thought, and instead, focus on growing your business rather than updating your company’s computers and understanding the underlying infrastructure.

Disaster Recovery

benefits of cloud computing for business

Imagine something terrible happens – there’s a flood that ruins your business’s computers, a laptop with import files is stolen, etc. There are so many things that can go wrong, but there are relatively few risks of cloud computing services for a business.

When it comes to security, cloud computing is actually a great option for growing businesses because:

  • It’s relatively inexpensive
  • It makes recovery easy
  • The third-party cloud provider has expertise and knowledge you may not have
  • No large up-front investment for instant scaling up or down of resources.

There are various cloud-based backup systems in a cloud environment that can help you recover important things your business needs in the event of an emergency, and small businesses are twice as likely to use these cloud-based backup and recovery solutions because they’re so effective.

Increase Collaboration Across Your Team

If teams can access and share files from cloud storage anywhere at any time (as long as they have an Internet connection), your business is probably going to be a whole lot more productive and successful.

This is one of the many major cloud computing benefits for businesses. Cloud services can give your team:

  • Real-time updates on projects
  • Full visibility of collaborations
  • Freedom to work from anywhere

Say you’ve got a team member who’s working late on a new project. You can see their results immediately with cloud-based services without having to wait to get into the office the next morning. Everything just runs more efficiently and smoothly.

Avoid A Major Upfront Investment

Investing in the tools you need to run your business is one of the major battles you’ll face as a business owner. Don’t let anything regarding the technology you use to be a source of that kind of headache.

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Cloud computing often runs on a subscription-based model that’s so much easier on the wallets of small businesses.

For example, Adobe used to charge nearly $1000 for Photoshop. This put a huge dent in the pockets of struggling graphic designers, who often have to work for free or pennies until they build an impressive portfolio.

Now, Adobe offers Creative Cloud, an easy-to-pay-for subscription that gives you all the same benefits but won’t leave you broke.

Work From Anywhere

Let’s be honest: working from anywhere is a major, major perk. If your employees aren’t tied to the office, your company can offer them a greater work-life balance without taking a hit in productivity. In fact, you could even save money.

  • 42% of workers are willing to take a pay cut if they can telecommute
  • On average, workers are willing to lower their salary by 6% for this perk.

Think of all the money that cloud computing could save – and you’re getting the same exact thing when subscribing to cloud-based services.

Read more on best practices for cloud integration on our blog here.

Increase Your Business’ Security

You may think security is a huge risk if you’re using cloud computing solutions, but that’s just not the case. If something happens in your office, your corporate data is stored on the cloud servers so you can access it regardless of what happens to the particular machine it’s on.

If you feel like there’s been an internal data theft or security breech from outside, you can immediately wipe sensitive data from the cloud from wherever you are.

Read more on why businesses should invest in cloud-based cybersecurity on our blog here.

Compete With the Big Guys

If you’re worried about big businesses squashing your profits, think again. With the help of cloud service providers, you can compete with the best of them.

Cloud providers let smaller businesses act faster than large companies through cloud computing, even if they don’t have the major financing to throw at their growth. It’s bridging the gap between big business and the little guys.

You’re Literally Saving the Environment

benefits of cloud computing for business

This may be a small priority for you, but investing in your future also means investing in the future of our planet. When your needs fluctuate, you can downsize without hurting your business – this saves energy and reduces your carbon footprint.

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Also, think of all the paper you’re saving from putting your documents on the cloud rather than printing up information sheets for everyone in your office.

Increase Control Over Documents

The more people who need to work on documents, the more you need an airtight way to control the information flow. You don’t want to get bogged down in edits and possibly use old, incorrect files.

No, way! Cloud environments let everyone work off of the same files – no accidentally sending old versions of a project, or losing edits in the long process of project completion.

The data stored on the cloud is accessible to everyone without any redundancy. 

Read our detailed guide for more information on cloud migration.

Final Thoughts

Cloud-based applications help you streamline business performance with flexibility and security giving you a competitive edge in the market. When weighing the cloud computing advantages and disadvantages, you’ll find that there really aren’t too many risks as compared to the benefits of cloud computing.

Cloud service is totally the way of the future. You can run your entire business from the comfort of anywhere that has an Internet connection – what could the cons possibly be?

If you want to make the move to a cloud solution for your business infrastructure, head over to DevTeam.Space. DevTeam.Space has been helping industry leaders find technology solutions to help grow businesses– large and small with efficient cloud adoption. There is a cloud computing solution out there for you, you just have to find it.

Frequently Asked Questions on Benefits of Cloud Computing

What is cloud computing?

Cloud computing involves offering remote or on-demand services to remote users. A cloud service can be anything from data storage to applications.

What are the benefits of cloud computing for business?

Cloud computing lets anyone access cloud services from anywhere be it software applications or an unlimited storage capacity. The cloud computing model offers better data security as well.

What are the benefits of cloud computing in the healthcare industry?

Other than vital data security, cloud-based solutions offer the chance for everything from letting doctors quickly data access, both on-call and in treatment centers, to more powerful data analytics tools.


Alexey

Alexey Semeney

Founder of DevTeam.Space

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