The cloud is more than just a buzzword in today’s digital environment.
Cloud technology is quickly emerging as the ultimate form of digital transformation technology for businesses that want to improve agility, efficiency, and productivity.
Unfortunately, there are still countless companies out there that aren’t taking advantage of the benefits that the cloud has to offer.
From improved cost savings to new opportunities for evolution and growth, the cloud can give you everything that you need to take the next step in your company’s strategy. Today, we will look at just some of the reasons why every business should make the move to the cloud.
1. Cut Your Operational Costs
Some businesses worry that ripping and replacing their existing hardware with cloud solutions would be an expensive endeavor. However, that’s not always the case.
Cloud technology relies on software instead of hardware, so you don’t need to buy any new equipment or worry about maintenance in-house from a dedicated IT team into the future either.
Additionally, once you’re in the cloud, you can implement any of the new tools and systems that you want at a pace that suits you. There’s no need to buy more bandwidth than you need just in case you see a peak in traffic one day.
You can add or remove systems from your cloud network whenever and however you choose, meaning that you only pay for what you need.
Speaking of getting what you pay for, the cloud also gives you the freedom to grow and scale however you choose.
Whereas with traditional hardware-based technology, investing in new technology would be a complex and time-consuming process, with the cloud, you can add new functionalities into everything from your connectivity network to your communication system in a matter of seconds.
Many cloud providers offer bolt-on and add-on options that allow you to bring new features into your cloud environment whenever you choose.
What’s more, if you decide that the tech you’re using isn’t right for your team after all, you can simply remove it from your stack without having to worry about a wasted investment.
The cloud is the easiest way to make any business more scalable, agile, and flexible in a world that’s continually growing and changing.
As the world continues to change, cloud computing also allows you to adapt to serve those changes. For instance, cloud computing can enable mobile and remote access to data through smartphones and other connected devices.
This is a great way to ensure that you can tap into the best possible talent for your team by hiring remote workers and contractors at a distance.
Studies show that around 50% of the workforce is likely to be working remotely at least part-time by the end of 2020.
If you want to tap into the benefits that this mobile environment can offer, including an expanded amount of access to top talent and increased productivity, then the cloud is the best way to do just that.
You can even ensure that the people within your office and your remote workers can collaborate seamlessly together from a distance, working on projects at the exact same time.
Many cloud-based systems can even come with in-built collaborative tools that help you to store documents online and bring people together through things like instant chat, video conferencing, and audio conferencing too!
4. Improve Your Security
There are a lot of companies out there today that have security concerns around the concept of adopting a cloud computing solution. While programs, files, and other data aren’t kept on-premise, it can be difficult to know that they’re well protected.
However, the truth is that the cloud is much more secure than on-premise storage.
Not only are you protecting your data from things like physical theft and damage, but you’re accessing the latest in technology intended to encrypt and safeguard your documents too.
Research has shown that 94% of businesses see an improvement in their security levels when they invest in the cloud as a solution for their data storage and backup requirements.
Additionally, you can even find cloud providers who are willing to update your security level according to your needs. This is crucial for companies that need to comply with regulations like PCI and HIPAA.
5. Increase Your Business Insight
The phrase “knowledge is power” might be a little cliché, but it’s still very accurate in the digital age that we live in.
Data has been defined as the most valuable asset that any business has. The more data you can unlock and evaluate, the easier it will be for you to make powerful decisions on behalf of your company.
For instance, with today’s cloud solutions, you can automatically gather and store vast amounts of information that you could never manage in-person.
That data can then be sent to a machine learning or AI algorithm, which processes it to find useful insights into things like how you can improve your supply chain efficiency, or what it takes to create the most satisfied customers in your pipeline.
Some of the most advanced solutions for data analysis even come with predictive tools that might help you to predict future trends and problems before they ever occur.
6. Improve Disaster Recovery
What would happen to your company if your office burned down, and all of the computers and documents inside were lost? If the answer is that your organization would simply crumble, then you’re in desperate need of some cloud computing technology.
Moving your entire business into the cloud can take some time, but it also means that you have a crucial backup in place if something went wrong.
Remember, no matter how hard you work to defend your organization, there will always be factors that are beyond your control, from hacking to natural disasters.
While around 20% of cloud users can recover from a disaster and get back to work within four hours or less, only 9% of companies without the cloud feel the same way.
7. Prevent Potential Loss
Cloud technology doesn’t just help you to get back on track after something goes wrong in your business; it can also reduce your chances of a disaster too.
For instance, with cloud technology, you can ensure that you always have a backup in place if a computer or device dies that contains all of your valuable information.
This means that once you’ve moved your data to the cloud, you can access it from anywhere, and continue working while your IT team fixes your computer.
You may need to prepare for the move to the cloud by teaching your team members how to back up their files and save things to the cloud when they’re done working at the end of each day.
However, the good news is that you won’t have to worry about losing everything if something goes wrong.
8. Stay Ahead of the Curve
Cloud technology can even help you to stay ahead of the curve when you’re constantly rushing from one task to another in your organization.
For people who often have a lot of work to get done, it’s very annoying to have to wait for system updates to be installed, and maintenance to be completed.
However, with cloud-based solutions, you can implement automatic updates that happen in the background when you’re working.
Aside from saving you a lot of time and effort, this process also allows you to gain a competitive edge over the companies in your industry that are still struggling with manual processes.
When your company runs faster and more efficiently, you can take advantage of more opportunities. According to one study from Verizon, around 77% of businesses say that cloud technology gives them a competitive advantage.
Finally, cloud computing allows you to become a more sustainable business in various ways.
First and foremost, it ensures that you can adapt to the changing needs of your customers and your industry by implementing new software when and how you choose.
At the same time, it also means that you can protect the planet by reducing your carbon footprint and spending less on physical products and hardware.
Although becoming more environmentally friendly might not be the top item on your to-do list, it’s something that all businesses need to consider in an age where the planet needs our help more than ever before.
Ready to Move to the Cloud?
Moving your business into the cloud can be a time-consuming process, and it requires a lot of careful planning to ensure that you’re implementing the right solutions. However, once you’re in the cloud, the only way is up.
This scalable, cost-effective, and efficient technology will help you stay on the cutting edge of your industry so that you can leave your competition in the dust.
Now that there are more ways than ever before for businesses to make their first steps into the cloud, there’s never been a better time to upgrade.