Businesses have been enjoying workflow efficiencies, cost benefits, and competitive advantages that the cloud offers. According to a recent report by McAfee, the average organization now uses 1,935 cloud services. Also, the International Data Group says that 69% of businesses have been using cloud technology as far back as 2014. Dell also reports that businesses that invest in big data, cloud, mobility, and security enjoy up to 53% faster revenue growth than their competitors.
The cloud has become so ubiquitous that more and more businesses use cloud-enabled programs and applications like Gmail, Google Drive, TurboTax, and even Facebook all use the cloud to quickly access and share large amounts of data, such as customer information, over a secure, online network connection.
All this indicates that there’s never been a better time to invest in cloud technology for one’s business. Here are reasons your business should migrate to the cloud.
#1 Reduced costs
When switching to the cloud, consider the potentially high ROI, as you save time and money while enjoying easy access to company data especially during project startups. You also don't have to pay for features that your business does not need, as most cloud computing services, including cloud data storage, are on a pay-as-you-go basis.
#2 Highly secure your data and applications
Concerns about data security are common, but data will actually be significantly more secure in the cloud. For one, a cloud host will carefully monitor the security of your data 24/7, reducing security risks caused by internal actors. Moreover, the cloud will also make it easier for your business to meet data compliance standards. That's because cloud services providers are also tasked to abide with the compliance regulations.
#3 Greater flexibility
Addressing IT issues hampers productivity and prevents you from focusing on business activities that directly affect your bottom line. By migrating your data and applications to the cloud, your data will be in the hands of a trustworthy cloud technology experts who will protect your data, solve issues, and implement the necessary upgrades. You can also trust them to meet your demand for improvements and increase or decrease data storage immediately.
#4 Mobilized remote workforce
In today’s business world, greater mobility typically means greater productivity. Migrating your data to the cloud will allow your teams to work anytime, anywhere there’s internet access, even on mobile devices.
#5 Increased collaboration
Collaboration is a top priority for any organization. By migrating your data to the cloud, your staff can collaborate more efficiently. Users can view and share documents easily and securely across a cloud-based platform such as a document management system. Employees can also use collaborative social spaces to connect, thereby allowing your organization opportunities to generate interest and increase engagement.
#6 Faster disaster recovery
Unproductive downtime can lead to lost productivity, revenue, and brand reputation. In manufacturing, for instance, an hour of downtime can lead can cost around $10,000 in losses.
You only do so much to prevent disasters such as data breaches, hurricanes, and outages. With cloud-based disaster recovery solutions, a business can minimize downtime, speed up data recovery, and resume operations in four hours or less.
#7 Better quality control
With a cloud-based system, you can overcome poor quality and inconsistent reporting with the capability to store all files and documents in a single centralized silo that everyone in the organization can access. You can achieve consistency in data, avoid human error, and record all changes and updates made to files.
#8 Automatic software updates
Moving your data to the cloud eliminates the hassle of updating and refreshing your applications. Your IT staff too no longer have to perform manual updates, saving time and resources. According to PCWorld, 50% of cloud adopters acknowledged working in the cloud means you require fewer internal IT resources, which saves money.
#9 Actionable insights from big data
Big data is hidden within the massive volumes of data gathered from customers and their supply chain. These are insights or kernels of actionable information that can be used to build action plans and increase efficiencies to meet business goals. Sifting through all that data is a problem that the cloud solves. Many cloud -storage solutions also offer integrated cloud analytics to track data and build customized reports.
Here at Hudson Valley IT Services, we can help you realize these benefits. Learn more about how the cloud can help you leverage new levels of productivity and reduce your operating costs. Contact us today.
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