10 Reasons To Invest In Cloud Computing

Let’s say the mad Titan Thanos unleashes an attack on Earth – how long would it take for superheroes such as Thor and Star-Lord, who do not live on Earth, to know about it? Wouldn’t it be neat if they had a centralized platform for all updates, superhero resources and such?

Well, this is what cloud computing offers modern businesses. Its centralized nature allows multiple users to view, edit and share information in real-time to collaborate on projects effortlessly. Cloud computing is the basis for SaaS (software as a service) applications that enable a centralized platform with simple remote access. In fact, in 2022, 60% of all corporate data was stored in the cloud!

Simply put, cloud computing can help businesses migrate their servers, software, databases, analytics and networking online. Shifting to the cloud can be the best way to ensure your business stays current and competitive. No wonder the cloud computing market is projected to be worth $376.36 billion by 2029.

If that blew your mind, read on to explore ten reasons why companies are investing in cloud computing!
 

What Is Cloud Computing?

We at TechDogs believe in making things crystal clear – so, let’s start with what the technology is about.

The concept of cloud computing refers to the on-demand access to IT resources, data storage, computing power, etc. directly to the user via the Internet. Hence, cloud computing can deliver access to business servers, databases, networks, applications and any other business resource to users located anywhere. Since these capabilities are delivered as an online service, there is virtually no limitation!
Now you understand why businesses are increasingly investing in cloud computing, right? If you’re still using on-premises systems and are unsure about the cloud, here are 10 reasons to invest in cloud computing.

Read on!
 

The Top 10 Reasons To Invest In Cloud Computing

While most businesses are transitioning to the cloud, startups and smaller businesses make do with traditional on-premises deployments. Yet, we’re here to convince you that cloud computing is here to stay and is the ideal choice for the long run. Here are the top ten reasons to invest in cloud computing:

 

• Work From Anywhere

  As we see growing adoption of the hybrid work schedule, businesses have started realizing that the ability for employees to access critical business data and applications from anywhere is the most significant benefit of cloud computing. While on-premises data centers and servers offer access only in a single specific location, cloud-based systems enable remote access. This allows for Bring Your Own Device (BYOD) policies, a mobile-first workforce and higher workforce productivity!

• Lower Operational Costs

  The cost savings delivered by cloud-based applications are often cited as the “convincing factor” by business leaders preferring it over on-premises deployments. In fact, research conducted by Datometry in 2018 shows that “cost-cutting” tops the list of the reasons why enterprises choose to migrate to the cloud. The savings include lower hardware costs due to fewer servers as well as minimal IT intervention for updates, maintenance and management, as those services are performed by the cloud service vendor.

• Robust Scalability

  Operational agility is a priority for most businesses, as agility and flexibility can provide businesses with a competitive advantage. Cloud-based solutions are agile, as they allow businesses to scale up/down based on demand, without the need to add or retire components of the existing IT infrastructure. With cloud adoption, users can scale resources, such as network bandwidths, database storage and processing power as per their needs.

• Improved Collaboration

  When a workforce, consisting of diverse verticals, teams and designations, can all access, edit and share information in real-time, it simplifies and enhances the collaborative effort. The adoption of cloud computing enables this by making assets across the enterprise ecosystem available from anywhere at any time. Moreover, a study by Forbes Insight highlights that cloud-based collaboration leads to better communication with customers and partners, supports innovation and improves workforce mobility. Having a cloud-based solution is key to enhancing your collaborative outcomes!

• Enhanced Security

  Although transitioning to the cloud does not eliminate security threats, it reduces the risk of cyber-attacks. Most cloud service providers integrate security and compliance features into their deployments, leading to reduced security workloads for their client’s IT teams. For instance, cloud providers such as Amazon, Google and Microsoft claim to offer a more secure cloud environment than any on-premises server. Further, when businesses work on the cloud, the security workloads are managed by the cloud provider's skilled security teams.

• Quicker Deployment

  Cloud computing also allows businesses and developers to integrate and test new deployments quickly through an agile software development environment. When the application code, assets, packages and other resources are accessible via the cloud, developers can collaborate seamlessly. Moreover, the software development cycle can be shifted into production quicker as developers can deploy end-to-end process automation. Naturally, it enables businesses to develop, test and release code quicker, such as security patches or new features to address customer demands.

• Minimal IT Infrastructure

  As we mentioned before, the cloud computing approach is very budget-friendly! Yet, the primary reason for this is that cloud computing delivers virtual access to compute, network and storage resources. This means businesses can reduce or entirely eliminate internal IT infrastructure, such as servers and data centers. According to research by CloudZero, cloud-based infrastructure spending will soon outpace expenses on traditional IT infrastructure, as cloud offers a better return on investment.

• Timely Updates And Patches

  We bet you already know that software updates are critical for any business, as they often include critical security patches. When applications are hosted in the cloud, updates can be automated, so the end-users are always operating on the most secure version. Naturally, this not only reduces the time spent on updating servers, applications and devices but also allows businesses to maintain compliance with the ever-changing security and legal regulations.

• Backup And Disaster Recovery

  Since cloud deployments are independent of the business hardware, cloud-based applications and data can be quickly migrated from one location to another. This offers a far more robust recovery strategy with reduced downtime for businesses, compared to traditional backup and recovery solutions. In fact, it has been observed that cloud-native businesses have a faster recovery rate after a data breach since data and applications stored in the cloud are backed up across several data centers. When one server fails, the other servers can step in to reduce the downtime and ensure quick recovery.

• Pay-As-You-Go Billing

  Saving the best for the last – not really! You already know that cloud computing can reduce the operational expenses for businesses. However, it can also optimize the return on investment, as cloud-based applications are typically subscription-based. This encourages users to pay a monthly subscription fee, which varies based on the number of users, subscription tier, usage, software capabilities, etc. Hence, businesses only need to pay the cloud service provider for resources they use, enabling better budgeting and overall expenditure management.

 

Conclusion

We agree, Mr. Stark!

You see, in this rapidly evolving environment, cloud computing is a superhero that provides the business with a competitive edge. This is why businesses are opting for cloud migration and investing in their cloud infrastructure and capabilities. Cloud computing can deliver better monetary ROI, enhanced collaborative ability, flexible operations, robust scalability and reduced in-house workloads – what more can you ask for? (An Iron Man prequel – umm, okay that’s a fair ask!)

Has your organization embraced all the benefits cloud computing has to offer yet? If not, we bet these ten reasons would have convinced you. Happy cloud computing!