Over the years, the cloud has posed as a game-changer in the business landscape. Even with the COVID 19 pandemic, Cisco forecast that 94% of all workloads will be handled by the cloud in 2021.
This implies that businesses that want to ensure continuity and stay ahead of their competitors must adopt its use.
Here are 5 ways cloud supports business growth beyond the pandemic:
1. Cost-saving: With the COVID 19 pandemic, cloud services have helped a lot of businesses reduce cost on infrastructure by promoting remote working environments. Since files and data assets are stored on the cloud, and employees can access them from anywhere at any time, businesses no longer need a physical office to exist. Cloud services also lower company spending by replacing the need to set up servers or computers with affordable investments into public cloud services that eliminate large upfront infrastructural and maintenance costs.
2. Product remodeling: Additionally, cloud computing is redefining the way companies design and model their products. Advances in cloud technology have made it easier for companies to create products and services within the cloud, or model new products or marketing campaigns as cloud-based software prototypes. The evidence is everywhere now, as startups increasingly conceive of their goods and services mainly as software-centric entities, from which data is continually derived.
3. Increased reliability: Another significant benefit of cloud computing to businesses is constant reliability. Cloud storage solutions offer built-in data redundancy that allows employees to access and obtain files at any time, even when there is a network recess or power failures, etc. It is this unique feature of cloud computing that helped Netflix to stay buoyant online, regardless of AWS failure in 2011. This reliability function of cloud computing is crucial to all businesses but more critical to the productivity and growth of large and medium scale enterprises.
4. Security: With the increased rise in cyber-attack amidst the pandemic, keeping sensitive data protected has even become more crucial for small and medium scale businesses. Therefore hosting business data in the cloud can be an effective way to protect them. Most cloud service providers make use of artificial intelligence technologies to detect threats in real-time.
5. Cloud backup: One of the biggest benefits of cloud technology is its ability to automate the generation of backups stored in remote locations. When disaster recovery becomes necessary for an organization, cloud backup tools help to facilitate the recovery process and ensure that critical functions are restored in real-time. With this, restoration of lost files no longer depends on flash drives, physical tapes, or discs.
Conclusion
Migrating to the cloud is an effective and cost-effective way to acquire digital infrastructures needed to stay competitive and relevant in today’s ever-changing business world.
Interested in migrating to the cloud and don’t know how to go about that? Whizkids.tech can be of help. At Whizkids, we provide affordable and cost-effective cloud solutions suitable for small and medium scale businesses. These services are each tailored to meet your business needs.