Four Ways Cloud Computing Can Future-Proof Your Business
We hear a lot about the cloud and cloud computing lately. Some businesses don’t actually know what the cloud is, what it can do for them or where they can even find it – let alone start using it. The cloud isn’t just a passing fad – cloud computing is here to stay and it’s quickly become the best way to future-proof your business.
So what is the cloud, exactly? At its intrinsic level, it’s a collection of computers, servers, and databases that are connected together in a powerful way that users can lease access to share their combined power. Cloud computing is scalable so that buyers can choose to increase or decrease the amount of computing power they need.
Sounds a bit intangible, doesn’t it? Send your company’s precious data up to this “cloud” in the sky, and then what? “Is it worth it?” “Will it help my business grow?” “Is it safe?”
Yes, yes and yes. Major business owners are comfortable enough with cloud computing to future-proof their business, and the impact is global. Media giant Forbes, whose focus is business and IT, has projected that cloud computing will be a $162 billion industry by the year 2020. As it stands now, the compound annual growth rate (CAGR) is at 19% meaning more and more industries are making the cloud business-critical. Their report also stated that 74% of IT CFOs attribute the most measurable growth to cloud computing.
So what does this mean to you and your company? If you’re looking to ensure your business has longevity in this economy – no matter your niche – then you need to seriously consider making the move to cloud services. Here are five ways that cloud computing will future-proof your business:
- Security for your data – The cloud’s security architecture is multi-layered, and safeguards against the weaknesses that allow cyber attacks to occur. There are different types of security controls employed: deterrent controls, preventative controls, detective controls and corrective controls. All of these things work in tandem to protect your sensitive information and intellectual property, especially where federal compliance regulations are an issue.
- Unlimited mobility – Self-hosting your legacy software and platforms for years places a major stressor on already overworked network servers. The time spent maintaining your hardware and its performance can cost you both productivity and dollars. Application hosting in the cloud gives users the real-time ability to access data from any device, anywhere and at any time. Your staff could be spread across the globe and still collaborate in real-time on projects.
- Scalability – The cloud grows with you. The combined computing power of users in the cloud is scalable so that buyers can dynamically increase – or decrease – the amount of computing power they lease. That flexibility is quite a cost-saver when you consider the impact on your IT budget if you have to upgrade your on-premises servers after you have outgrown your old network.
- Cost reduction – Given the speed of cloud growth and accessibility, it’s been easier, faster and less expensive for software developers to roll out applications as compared to traditional onsite platform development. That cost savings gets passed on to users. You don’t have to buy hardware until you need it, and you don’t have to plan for peak capacity, since most traditional servers are only used at 15% of their capacity. You only pay for what you use.
Lost production hours are a killer when you’re trying to migrate data from one network to another. Firms that handle their own migration on average take 2 months and up to $3,000 to do it. Partnering with a managed IT services provider (MSP) to handle your move to the cloud reduces – and even eliminates – downtime and speeds up deployment by managing your data with new integrated tech solutions, upgrading your performance seamlessly. That’s where we come in.
Moving to the cloud is power. Power to give your company future longevity. And the best way to harness that power is by partnering up with a great MSP, one whose expert team can handle the entire process from start to finish. Give us a call and let us help move you into the future with cloud computing.