Cloud technology is one of the most significant innovations in the business world. By the end of July, 2018, 80 percent of all information technology budgets will be committed to cloud apps and solutions, according to Forbes. That means if your online business isn’t making use of cloud computing, it will get left behind. With so many benefits to your online business, there’s no time like the present to employ cloud technology solutions.
It Can Simplify Processes for Better Business Productivity
Cloud solutions are often much simpler and more efficient than traditional processes. Consider traditional methods for processing employee payments, for example. This might involve collecting timecards, seeking manager approval, manually entering hours worked into a payroll program, verifying its accuracy, then processing the information for each and every employee.
In contrast, Matt Rissell, the chief executive officer of cloud-based tracking program TSheets, told Inc. that after transitioning to a cloud platform, “running payroll is as easy as two clicks. What once took hours, now takes minutes — and it’s all thanks to the cloud. The tale of two business owners could be applied to virtually anything and cloud technology always comes out on top.”
It Can Make Your Data More Secure
High-profile data breaches at Target, Apple iCloud, and Home Depot have made businesses wary of the security of cloud technology systems. However, it’s crucial to note that all of these breaches were the result of human error, not failings in the cloud system. In fact, cloud technology is more secure than the legacy systems traditionally employed on site when users follow recommended security practices.
Cloud technology originated at a time when cybercrime was at the front of developers’ minds. The best have multi-layered security measures which are much more stringent and current than the defenses most legacy systems employ. They’re also closely and constantly monitored so threats can be detected and thwarted before major problems occur. Cloud service providers are also subject to annual audits to ensure they meet security standards. Legacy systems are rarely subject to such comprehensive and regular checks.
It Can Help Your Business Save Money
Like all companies, online businesses like yours must be concerned with their bottom line. Employing cloud technology is an excellent way to help your business save money. Cloud systems have done away with the need to purchase expensive hardware and install it onsite. The access fees for utilizing cloud systems are much more affordable, even with long-term use.
Cloud service providers typically offer customizable packages with a variety of products and service levels. Simply choose the cloud package that best meets your needs to avoid spending money on solutions you won’t use. Cloud technology is also easily scalable, unlike legacy systems. If your business experiences a downturn or significant growth, you can modify your service to ensure it continues to suit your business (and its budget) best.
Cloud technology’s popularity is soaring because it is so beneficial for organizations across a range of industry sectors. Discover today the positive difference it can make to your online business.