This Is Why Cloud Computing Is So Important for Your Business

Cloud computing, in simple terms, is the storage of data and programs over the internet instead of one’s own internal system. The question ‘why is cloud computing important’ has been gaining prominence in recent years, especially after the pandemic as businesses around the world shifted their operations online.

As such, cloud computing has continued to establish itself as the backbone of businesses, especially small to medium sizes, with the possibility of unlimited expansion of infrastructure at their fingertips.

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Traditional businesses with zero online presence were forced to expand into the online world in the wake of the pandemic. Thanks to cloud computing, that particular process has become much easier and proactive for them.

Why Is Cloud Computing Important? 

Emerging in the mid-2000s as a solution for small and medium businesses, cloud computing has grown exponentially as an industry. It offers data storage on a large scale along with analytics while being a completely web-based service.

It is far less expensive and easier to manage than most in-house software. This is why around 90% of companies are using the cloud services in some capacity. It is a $350+ billion industry today and expected to grow to a whopping $800 billion by 2025.

Cloud isn’t just changing how businesses store data; it is essentially changing how businesses operate, helping small and medium businesses compete with the big players on a level playing field.

It’s the future of applications and solutions.

5 Reasons Why Cloud Computing Is Important for Your Business

When it comes to the question of why cloud computing is important for an organization, we should look at all the individual benefits it offers. Here are the five reasons why cloud computing is important and why you should consider it for your business:

Digital Transformation 

Digital transformation comprises technology, data, process, and organizational change in one way or another. As we move toward the new digital age, cloud computing has emerged as the backbone of it.

It enables businesses to undergo the much-awaited digital transformation and keep up with the competition.

By storing their data online, companies are instantly creating a shared network with better accessibility and improved coordination. This allows them to scale their infrastructure and change priorities smoothly. Scalability is something that wasn’t possible with physical systems before.

Today, companies can easily take a step back and look at their operations in a proverbial sense. This allows them to detect errors in their ways and correct them at the earliest. All the same, they can also see what works better and double down on their efforts in that area. 

They also enjoy a wider reach than they did before. Thanks to the cloud, you can connect with anyone across the globe with ease. This doesnt only apply to consumers, but also to the talents you hire for your company.

Security 

Security is a valid concern when it comes to transferring sensitive data onto the internet. However, cloud places stringent security protocols and data protection standards. This ensures that all your internal data is protected at all times inside your network. 

This is why cloud computing is especially important in creating a website or for tightly-regulated industries. Industries such as healthcare, defense, and government rely on top-notch security protocols for their basic functioning. 

Industries such as telecommunications deal with an enormous amount of consumer data. They too need tightly-placed security protocols in place to prevent misuse of sensitive information. 

As a business, you can rest assured that sensitive or confidential information will be kept safe in a cloud. Over 90% of companies claim that they saw an improvement in security upon switching to cloud.

The standard protocols work well for most businesses. Companies have the option to enhance security protocols to their liking for stricter protection.

Accelerate Innovation 

Shifting your primary operations to the cloud facilitates easy working. This leads to improved performance from your workforce at lower costs. Having a steady infrastructure, in turn, allows you to experiment around and come up with new solutions. 

Not only that, you can deploy the new solutions at a scalable level and course-correct them as you go. This innovation leads to business growth in a direct manner. Companies are able to create improved products and services with the help of cloud computing. 

Hiring someone halfway across the globe is as easy as hiring someone next door, so long as they fit the job description. This enormously widens the talent pool for any given role at your company. Jobs can be completely remote today, something that was impossible a few years ago.

Flexibility 

When you hear flexibility in terms of cloud computing, it is meant in a dual manner. First, the structure of a cloud platform is itself flexible to incorporate your operations in a personalized manner. It simply means it is designed to fit the workings of your company to your liking.

Companies enjoy the freedom to structure their data in ways suitable to their way of working. They don’t have to adapt to an already-existing framework. The highly-customizable structure adjusts to their way of working. 

Second, a cloud platform is flexible to adjust to changes on an everyday scale. Physical or internal hardware systems cannot keep up with updates. They lag behind, slowing in the process.

Cloud, however, stays in sync with even the most minor changes without losing out on data and causing hindrances to your operations with the help of updates on a regular basis. Automatic updates keep the machinery running without you even noticing. 

In fact, the quickness in meeting customer demands has been quoted as a major reason for companies to switch to cloud. It also brings innovation to the way we hire and operate day-to-day operations. No longer do you have to hire someone in your geographical range. 

If you opt for manual updates, you will get notified of new updates that you can run on your own time. You may want to opt for this option for bigger updates that may risk slowing down your operations. 

Data Recovery 

One of the reasons physical hard drives and storages are outdated today is the difficulty they pose in retrieving data. In the cases where the device is severely damaged, recovery may even be impossible. 

Data on the cloud is often stored in multiple locations, making it easy to retrieve even if it gets corrupted in one or multiple places. It will always be preserved as a backup copy to be used wherever needed.

Around 20% of cloud users say that they recover their data in under four hours. This is especially useful for small businesses that don’t usually have the resources to protect or store their data.

As a small business, you don’t have enough resources to preserve data better. With cloud making recovery so easy, your data is always in safe hands. This greatly helps in saving you time and money. 

Helping You Migrating Your Data to the Cloud

There are numerous reasons why cloud computing is important to a business. It offers valuable advantages at considerably low cost. If you, too, are thinking about hopping on to the platform, you should consider partnering up with a cloud partner. 

Logic V is the leading provider of Cloud computing to small and medium-sized businesses across the globe. You can easily migrate all your workload to the cloud and keep it secure with the help of Logic V’s stellar infrastructure. 

Enjoy enhanced productivity with suites such as Office 365 and Microsoft Dynamics along with top-notch support and maintenance. The flexibility of a sound cloud network opens up new and exciting ways to operate and conduct business. 

Frequently Asked Questions