Cloud computing is definitely a trend. Businesses from small to huge are moving to IaaS technology – otherwise known as the “Cloud.”
The cloud adoption has risen proportionally with 51 percent of enterprises now using IaaS as their primary work environment. In fact, a recent McKinsey report revealed that the percentage of enterprises (of all sizes and types) that were using in-house infrastructure would drop from 77 percent in 2015 to 43 percent by 2018.
So, what’s the big draw of cloud technology? For any business, here are five real benefits.
1. Infuse More Flexibility
Workforces are becoming more remote and will continue to become so as 50 percent of Americans are predicted to work out of offices by 2020.
The cloud technology perfectly accommodates remote work. When files, documents, etc. are placed in the cloud, everyone can access them, no matter where they may be geographically. In fact, many companies are actually purchasing mobile devices for their workforces, so that location and time will not matter at all.
According to a recent survey by Brother International, 21 percent of respondents stated that the biggest portion of their IT budget will go toward cloud-based file and file-sharing technologies. And 28 percent stated they are investing in mobile devices for an increasingly mobile workforce.
2. Improve Project Management
This is an offshoot of flexibility, but, again, it allows all members of a project team to be on the same page at all times.
They can set up task responsibilities, monitor progress, communicate individually and as a group, and keep the entire project on track, no matter where they may be geographically. And cloud technology has permissions built in, so that businesses can determine who has access to what throughout the process.
3. Pump Up The Security
This is a growing concern for companies whose infrastructure is complete in-house. This is why e-commerce businesses use third-party payment processors – they are in the cloud with SSL certifications that will keep customer financial information secure.
But security is not just for e-commerce.
“All businesses in all industries must have means by which secure data can be sent, received and accessed with the highest level of security,” said Bill King, Head of Digital Marketing at AvidXchange, a, Accounts Payable (AP) Automation company that helps businesses embrace automation, so all of their invoices and payment information live in the secure cloud. “Other businesses have trade secrets and other highly confidential information that should not be sitting in an in-house system. A private secure cloud system serves them well.”
4. Better Data Backups
What if your in-house system crashes? And with it goes all of your customer data. You may have a backup in-house server, but it can go to. If your backup is in the cloud, nothing is lost and is easily restorable.
5. Ease the Strain on Your Current System
Getting into the cloud will mean less money spent on new equipment and updates, and, as well, a reduction in employment costs. It is a cost-effective way for your business to scale and allow you to spend your dollars elsewhere.
You can start small and just incorporate one workload into the cloud. As you begin to see how it all works and its benefits, you can add more. Choose one of these five workloads and get started.