According to Gartner, Inc., the global public cloud service market is expected to reach $186.4 billion in 2018 from $153.5 billion in 2017. Similarly, another survey reveals that 83 percent of organizational workloads will be run on cloud by 2020.
Cloud computing has dramatically transformed the business landscape. As cloud computing continues to simplify day-to-day operational management and accelerate overall efficiencies, it is no longer just an option for corporations.
It is a must-have technological tool for all organizations, which includes startups, small and medium enterprises as well.
If you are not familiar with cloud computing, here is everything you need to know:
More Cost-Effective Than Buying New IT Equipment
Cloud computing involves using the Internet to store, access, manage and process data on remote servers. With cloud computing, you won’t have to worry about purchasing or maintaining IT equipment and hardware, which is not just costly but also inconvenient.
This is primarily because your cloud computing vendor will cater to all your IT needs, from repairs to maintenance issues.
Another reason why cloud computing is not as costly as getting new equipment is due to the reduction in maintenance and labor costs. Since your company’s hardware is owned by an external party, they will handle any technical issue that you may have. Ultimately, cloud computing can significantly bring down your company’s IT maintenance and labor expenses. Your staff can focus on key areas of your business.
Supports Multiple Services
Unlike an in-house server, advanced cloud computing servers can handle larger loads. From file storage to data backup, it can be used to perform a variety of IT tasks and support multiple users.
Cloud computing can improve communication and collaboration within your organization. As long as there’s stable Internet connection, a company’s employees can communicate with each other anytime.
Creates Data Backup
With a cloud-based server, organizational data is stored online and can be accessed anytime. It also automatically creates a secure backup for information.
In a nutshell, if you are looking to improve your day-to-day operations, cloud is the way to go.
By reducing your dependence on expensive servers and inefficient hardware, you can enjoy a hassle-free cloud transition for taking your business to the next level.