Do you want to know how to scale your business with cloud technology? Well, you’re on the right track, as 90% of companies use cloud services solutions in their businesses.
As a result, cloud computing has emerged as one of the most critical technologies for modern enterprises. It makes business scalability easier, increases productivity, and expands your workforce.
What is cloud computing and why do companies use this technology? Keep reading to know more.
What is cloud technology?
The Cloud is a virtual server where organizations can store data and software accessible to their employees via the internet. As a result, companies save time and money through cloud services that allow remote management of server applications on any connected device.
The technology is typically provided and managed by a third-party company; hence, companies adopting this innovation can make their operations leaner and more agile. Cloud services also allow smaller companies to compete with larger enterprises with more resources.
7 Ways Your Business Can Scale with Cloud Solutions
Productivity is a huge profit driver. Here, cloud computing can be a great asset to your business. In fact, 47% of surveyed companies reported higher productivity with the technology.
Here are several benefits of using cloud solutions for your business scalability goals.
1. Nullifies the need for expensive IT infrastructure
Intranets and servers are expensive to set up. They can be a pain to upgrade if you want to scale them alongside your company’s growth. Plus, businesses must conduct regular IT maintenance and upgrades to maintain their tech stack.
If you solely employ on-premise infrastructure, scaling up will require powerful hardware, networking, and software license investments. Cloud solutions help your employees access dynamic tools without the hassle of upkeep, resulting in smoother processes.
Third-party cloud service providers are experts in their field, helping minimize your IT staffing needs, too.
2. Simplifies setting up shop in a new location
If your organization has (or will expand to) multiple branches, cloud computing can help build a more centralized system. For example, all your offices can use the same cloud database in sync with the main office’s system. This systematic structure can be a massive step toward a more synergetic workforce and help the HQ monitor every activity across branches.
3. Allows you to have a global workforce with remote access
Nowadays, many employees must collaborate with coworkers worldwide. Cloud platforms help ease this challenge by enabling the sharing and access of digital resources across locations or devices. This functionality opens opportunities for hiring top global talents, diversifying the people in your workforce, and generating innovative ideas.
4. Increases productivity with more efficient communication
Since cloud solutions help you connect with a global workforce through shared tools, employees can quickly communicate via company messaging platforms in real time. In addition, documents can be edited and signed promptly, increasing agility and productivity.
5. Grows with your business
Cloud solutions are highly flexible, with providers often offering tiered options for the budget conscious. For example, a small business may only avail of a cloud service’s basic product subscription and then sign up for a more comprehensive version of the same product as their business grows and their needs change.
6. Unlocks high-powered software to help you compete with bigger firms
Big data is a driver of successful organizations and cloud technologies can help with this.
Consider this scenario: A vast volume of data is produced as you read this. While the old-fashioned way of data collection may seem convenient, significant infrastructure expenditure will still be necessary but may not be sustainable in the long run. On the other hand, you can get insightful data from moving your data to cloud-based servers.
7. Gives access to highly secure storage without hardware limitations
Some hardware-limited storage can risk data integrity through physical damage or loss, which is detrimental to your business. According to a study by Diffusion Group via Workspace, 60% of companies that lose data are likely to be out of business in six months, while 72% close shop in 24 months.
Cloud solutions can securely store data as no other technology has done before through encryption and tiered access management .In addition, companies who have used up their allotted cloud storage space can add more capacity without having to invest in additional server hardware. They only need to subscribe to a higher product tier that the cloud services provider offers, which is significantly more affordable than investing in in-house infrastructure.
Leave It Up to Cloud Tech
Cloud computing is a breakthrough technology that provides various uses, from secure data storage to seamless and highly collaborative operations. It’s a revolutionary way of doing business, increasing team productivity. For firms with growth mindsets, cloud technology is no doubt the way to go.
Looking for reliable cloud migration services to save time, space, and money in the long term? Schedule a consultation with Yondu’s cloud migration experts today.
