Cloud computing is gaining popularity with small and large businesses alike due to the numerous benefits of migrating or developing your enterprise applications in the cloud. If you’re considering cloud computing for your business, we’ve outlined the biggest benefits so you understand just how profound the cloud advantage can be for you.
By incorporating cloud infrastructure into your company, you don’t have to budget for the purchase and maintenance of equipment. This drastically lowers your costs because there’s no investing in facilities, hardware, utilities, or hiring people to build out a large data center that supports your business’s continued growth.
One case study involving the Google Cloud Platform and the King company showed that incorporating cloud technology drastically reduced their company’s overhead. They were able to scale it to meet their needs, and it eliminated the need to have a large IT team in place.
Over 42% of businesses who incorporated cloud technology said they did so to be able to access their data anywhere in the world. It’s extremely popular with companies that employ a lot of remote staff and for companies who are expanding to become more connected on a global level. It allows companies to seamlessly meet their growing demands.
It’s easy to scale cloud software, which can work to increase your company’s revenue. Amazon AWS performed several studies involving how their cloud software could increase a company’s revenue. Adskom is a pioneering online ad company in Indonesia that specializes in digital marketing campaigns. They reported a large 30% increase in their sales once they switched to the cloud. When you combine this with the cost reduction measures, you can see how it’s a smart business move to make the switch.
It’s a digital world today and companies rely heavily on their IT infrastructure to run their daily operations. Without these infrastructures, everything stops. Cloud software allows you to put a recovery plan in place that works to minimize the impact of any IT disaster in your company. Over 61% of businesses that switched to cloud computing reported less downtime.
Microsoft Azure performed a case study involving a 50-year-old company that wanted to put a disaster recovery plan in place to prevent data loss and issues related to power failure, hardware failure, natural calamity, and more. Microsoft Azure demonstrated how their disaster recovery plan would decrease downtime.
Integrating cloud computing into your business gives you better security compared to traditional methods. Roughly 53% of mid-market companies have had a security breach at one point or another. Having on-site data also drives your company’s costs up.
One study by Microsoft Azure showed that 62% of companies that integrated cloud technology into their business said that their levels of privacy and security increased. Cloud software brings several additional security layers to your data, which makes it more difficult to break into. Importantly, the software is continually evolving to better deflect security breaches.