As the world continues to advance, the amount of data and digital interactions will only grow exponentially. This digital shift is changing the way companies do business and handle data. In 2020, about 83% of enterprise workloads were estimated to have been performed in the cloud. Nowadays, more and more businesses grow reliant on cloud computing for their day-to-day operations.
Apart from data storage and convenience, businesses can enjoy many other benefits of cloud computing. If you’re thinking about moving to the cloud but not sure if it’s the right step for your company, below are some of the main reasons businesses adopt cloud technology.
1. Cost-efficient
Building an in-house IT infrastructure requires a lot of resources, manpower, and time. You need to purchase and maintain the necessary equipment to do the job such as hard drives, computer devices, servers, software, and more. You also need to hire the right people to run your IT system and ensure sensitive data is well protected.
Migrating your systems to the cloud essentially outsources a majority of your data center operations to third-party cloud service providers. Not only is this cheaper than purchasing all of the necessary equipment and training additional IT staff but it also allows you to store data securely while having easy access to it.
2. Highly scalable
If your business highly relies on analog systems, it can be harder to scale your operations as you’ll need to invest more in equipment and infrastructure to increase your capacity to do more business. Since cloud-based systems are virtualized, they can be easily scaled up and down without changing the physical equipment.
Cloud-based services can accommodate this need for a more flexible solution at a reasonable cost. There are cloud services or platforms that customers can pay on a subscription basis, i.e., weekly, monthly, quarterly, or annually.
3. Boosts efficiency and productivity
Moving your business to the cloud means making manual and monotonous tasks easier to accomplish for employees, giving them more time to focus on more urgent and important tasks such as improving processes and services.
For example, a cloud system that serves as your central source for files creates a more streamlined system for data storage compared with other file transfer tech, such as a flash drive or email. The amount of time saved lets your workers spend more time on other key areas of your business.
4. Better communication and collaboration
Since cloud-based tools and services can be accessed online anywhere and anytime, it’s easier for employees to view, share, and co-edit materials. When everyone is on the same page looking at the updated and correct information, teams can collaborate efficiently and minimize miscommunication.
Having all the data you need in one place promotes better collaboration, which is one of the best features of cloud technology services. For example, if you urgently need to update a report with the help of other teams, you can easily do that with your cloud-based tools without the need to meet in person.
5. Easy access to data
With cloud-based systems, there is no longer any need for employees to connect their laptops to an intranet cable in the office to access your database. Instead, all you need is an internet connection and login credentials to access your database.
These cloud-based tools have never been more vital in the face of the COVID-19 pandemic, as it allows many businesses to continue core business functions even when employees are working remotely. Even when they’re not physically in an office, you can maintain a connected workforce with cloud technology.
6. Strong security
Cloud providers are aware of the hesitations businesses have over cloud computing technology. This is why they are going to great lengths to guarantee that business and customer data are protected using strong encryption and security measures.
Often, cloud systems allow customers to configure their security settings and restrictions to give them more control over their data. You can always review your provider’s cloud migration handbook or security methodologies to ensure all sensitive and critical data are in good hands.
7. Better interconnectivity with your systems
Workstations are not the only devices that can be connected to the cloud. Other frameworks like computerized manufacturing systems, inventory management systems, and order management systems can be migrated to the cloud. Apart from gaining better data visibility, this feature also puts your company in a better position to integrate disparate systems into a cohesive system through a cloud-based ERP platform.
8. Automatic updates
Businesses that have their own IT infrastructure are responsible for maintaining and updating their systems. But with cloud platforms, the providers take over this responsibility, which saves clients valuable time, resources, and energy better spent on more important projects. Not only does this take a huge task off your IT team’s shoulders but it also ensures your subscription to the cloud services is worth every penny.
Future Proof Your Business
Since your data is stored and managed in the cloud, you can continue your business as usual as long as you’re connected to the internet. This is what cloud technology is all about—making operations more convenient, streamlined, and secure for businesses. And it will only continue to transform more companies from here on out.
Yondu, a cloud migration services provider in the Philippines, offers a holistic technological solution for businesses to meet their goals while saving time and money. If you’re ready to migrate to the cloud, schedule a consultation with Yondu’s cloud migration professionals to learn more about how you can get started.