For almost two decades, cloud solutions offered noteworthy benefits to all businesses, whether big or small. Yet a previous study published by IBM revealed that less than 10% of companies believe that their current IT infrastructure can handle the emergence of cloud computing and other technological advancements like data analytics and social media. They used to rely on their in-house IT team to handle these technologies.
But nowadays, more business owners admit that they need cloud solutions to help their organisations succeed in their industry. For this reason, companies have begun to embrace the proliferation of cloud computing in the business world. The Sydney-based Wild Tech software solutions company shared that cloud software can help handle the company’s business processes, including the financial and overall operational aspects of the business.
Cloud can improve the business’ performance in its industry for a variety of reasons. Here is some of the top rationale for why it can be used to help the company reach its goals.
Reason #1: Cloud Encourages Scaling At The Business’ Speed
Using the cloud can help companies handle the surges in transactions or business that can otherwise drag or even immobilise the traditional organisational systems. The companies can use public cloud services to scale traditional in-house IT while private clouds can help the company deal with the peaks in the demand of the company’s products or services.
According to the Wild Tech software solutions company, there are cloud products that can help manage the operation of the company, including the inventory of their products to let the business owners know when they need to acquire more items. It can also help deal with the upsizing and downsizing of the company’s staff.
Reason #2: Immediate Disaster Recovery
Unexpected market changes may not be inevitable, but cloud solutions can help businesses implement disaster recovery to prevent discrepancies during unannounced changes.
Compared to the measures implemented by the in-house IT team where they regularly conduct disaster recovery schedules that may cause outages and delays, cloud based solutions can lower down the switchover time and offer straightforward, predictable disaster recovery plans. It can help reduce human errors and find viable solutions.
Reason #3: Cloud Reduces Operational Costs
One of the main reasons why businesses choose cloud based solutions is to lessen their operational costs. Having an in-house IT department is usually expensive since the company must invest in the necessary hardware, human resources, and regular maintenance. But if the company will choose to get cloud computing solutions, they will only pay for the software that they need and let the service provider handle everything. Businesses can also reduce costs by taking their servers off-site with colocation services.
Reason #4: Consistent Updates
The on-premise software that the company uses tends to become outdated in time. If they need to keep their system up to date with the latest technological innovations, they need to purchase the updates and spend plenty of time to implement the new additions properly. It will not be an issue if they choose cloud computing since their service provider will automatically take advantage of the latest technologies with no additional costs.
Investing in cloud services can provide a lot of benefits to all businesses. Suppose business owners choose to get hold of these services, they can use the money that they will save from deciding not to have an on-premise IT department and other essential operational costs to help the business run smoothly.