Merely put, cloud computing is computing based on the internet. Where in the past, people would run applications or programs from software downloaded on a physical computer or server in their building, cloud computing allows people access the same kinds of applications through the internet. It is a solution growing in popularity, especially amongst Business and Enterprise users.
So why are so many businesses moving to the cloud? It’s because cloud computing upsurges efficiency, helps improve cash flow and offers many more benefits.
1. Flexibility
The second a company needs more bandwidth than usual, a cloud-based service can instantly meet the demand because of the vast capacity of the service’s remote servers. In fact, this flexibility is so vital that 70% of respondents to a recent survey said “the ability to quickly meet business demands” was an important reason to move to cloud computing.
2. Disaster recovery
When companies start relying on cloud-based services, they no longer need complex disaster recovery plans. Cloud computing providers take caution of most issues, and they do it faster. Highland Group found that businesses which used the cloud were able to resolve issues in an average of 2.3 hours, nearly four times faster than businesses that didn’t use the cloud (7.5 hours). The same study found that medium businesses had the best recovery times of all, taking almost half the time of larger companies to recover.
3. Automatic software updates
In 2009, UK companies spent 15working days per month managing on-site security alone. But cloud computing suppliers do the server maintenance – including security updates –themselves, freeing up their customers’ time and means for other tasks.
4. Work from anywhere
As long as employees have internet access, they can work from anywhere. This flexibility positively affects knowledge workers’ work-life balance and productivity. One study found that 45% of working adults would give up some of their salary if they could telecommute, and on average they would take a 6% pay decrease.
5. Document control
According to one study, “86% of knowledge workers collaborate with people in different time zones and regions at least monthly”.
If a company doesn’t use the cloud, workers have to send files back and forth over email, meaning only one person can work on a file at a time and the same document has thousands of names and formats.
Cloud computing keeps all the files in one central location, and everyone works off of one central copy. Employees can even chat to each other whilst making changes together. This whole process makes collaboration stronger, which increases efficiency and improves a company’s bottom line.