Cloud computing offers modern business advantages like allowing multiple users to view data and share projects effortlessly.
In business, the pressure on workforce and responsibility keeps increasing. To fulfil customer’s demands and work on real-time, businesses are highly adopting cloud computing method. Earlier, people needed to run programs or applications from a server or a physical computer. However, the system is updated now and cloud computing services are helping businesses to access those applications through a medium of internet. Cloud computing is the delivery of no-demand computing services from applications to storage and processing power, typically over the internet and on a pay-as-you-go basis. Rather than owning their own computing infrastructure or data centres, companies can rent access to anything from application to storage from a cloud service provider. Cloud computing offers modern business advantages including allowing multiple users to view data in real-time and share projects effortlessly. According to a report, almost 90% of the businesses in the United Kingdom have switched to cloud computing. Forbes estimated that by 2020, up to 83% of businesses will use cloud-based software to make their work easier and faster. Ultimately, the Covid-19 pandemic has further fast-tracked the usage of cloud sources. Henceforth, Analytics Insight brings you a list of advantages that cloud computing will bring to the business in 2021.
Top 10 applications of cloud computing in business for 2021
Low cost and all-time availability
Big businesses are ready to afford any amount to update the working system to a technology-based environment. However, it is not the same with medium and small businesses. They are mostly tight on funds and leverage technology only when there is a need. Cloud computing is a saviour to those organisations as they come free from capital expenditures. There are no huge costs of hardware in cloud computing. Businesses have to pay as they operate it and utilise the model based on their subscription plan. Cloud computing maintains an uptime of 99.9%, which makes it a reliable source. Employees of an organisation can access the cloud at any time as per their working hours.
Automatic software updates
One of the biggest advantages of cloud computing is that the servers are off-premise, which means a third party governs and manages system updates regularly. The servers that businesses use for cloud computing roll out regular updates on their own. Instead of focusing on updates, employees can spend time in growing business further. Adopting the cloud can minimise the IT maintenance cost by 16.79%.
Cloud computing serves the purpose of businesses with growing or fluctuating bandwidth demands. It is easy to scale up the cloud computing capacity when business needs it. Organisations can simply draw on the services of remote servers. The facility can also work vice versa. If organisations want to scale down the cloud capacity, the flexibility is lenient in service. This extreme level of adoptability allows businesses to work easily based on their current needs.
Increase business security
Cloud computing is a back door to disasters in a business environment. If something happens to the office where all the data are stored, organisations will have a back up of all the information in cloud. Because the data is stored in cloud, employees can access it somewhere else than the business organisation. A survey by Salesforce has shown that 83% of IT leaders say they trust cloud security more than anything else.
Employees can work from anywhere
The biggest advantage of cloud computing in today’s moving workforce from office to remote modes is its ability to perform activities even while remaining on the move. The Covid-19 has proved that businesses won’t be shut if they close the office. Most of the companies started functioning through cloud methods from the places they reside in. The remote working method is highly adopted by organisations and a lot of them are considering extending it for a longer period. Cloud computing is the best resource for such organisations to help employees connect from all ends.
Cloud services save time
Cloud services are easy to adopt and are not time-consuming. This is more than enough for many businesses to embrace the platform for working. By signing up with a cloud platform, businesses receive support during the transfer and can reach out to service teams at any time.
Optimal support for IT infrastructure
The cloud computing platform in IaaS model makes it possible to outsource the management of the IT infrastructure. Updates and maintenance operations are supported by the service provider. Henceforth, organisation could focus on strategic projects for time being.
Reduces carbon footprint
The merging global issue to the evolving modern world is to control climate change. A lot of storage spaces like data centres have a heavy carbon emission rates which could harm the environment. Cloud applications enhance collaboration by authorising diverse groups of people virtually meet and exchange information with the help of shared storage. This reduces the carbon footprint drastically.
Enterprise-level data governance
Ever since the introduction of the General Data Protection Regulation (GDPR), IT security and data privacy has been a big issue. Both small and big organisations are often targeted by hackers for their business data. Henceforth, a greater sense of security and governance is offered by cloud computing to enterprises over the data of their customers.
Hosting applications and services
One of the earliest commercial uses for the cloud was providing a place for a company to host its applications and services for the public. Rather than relying on physical distribution, a business can host projects in the cloud that can be accessed by users from anywhere. Companies consider Software-as-a-Service (SaaS) to host such applications.