Top 7 Cloud Adoption Benefits for SMEs
For most businesses, big or small, cloud computing is the new normal. In a digital age, with the growing remote workforce, moving to the cloud is often a common step for corporates. Its computing is based on the internet – accessible anytime, anywhere. Instead of running applications, programs or software on a physical system or server in a building, you can now access all applications and data using the internet. We’re already using the cloud in our daily lives – whether streaming on Netflix, checking bank balances on your phone, or browsing through Facebook and Instagram!
For small businesses, adopting cloud technology can solve many business challenges – sending emails on the go, using apps to reduce workload, enabling data access to team members, and more. We bring you the benefits of cloud computing in business to help you move faster and scale better:
1. Better Data Governance and Security
Small businesses must be able to match their large competitors in securing and respecting their customers’ privacy and data. A cloud-based service provider monitors security 24x7, which a small business can’t achieve without third-party support. Companies like Apple, Microsoft, Amazon, etc., have resources to mitigate, detect, and eliminate cybersecurity threats faster and better than small businesses can.
2. Lower IT Costs
For an SME, cost reduction is the key to running a successful long-term business. Since cloud adoption offers the option to pay as per your needs, it reduces expenses and promotes higher savings. You only need to spend on operational costs rather than worry about capital expenditure. The subscription-based model promises better cash flow and makes it easier to move to the cloud. Thus, cloud computing is beneficial for small and medium enterprises.
3. Higher Flexibility
Cloud computing is the one-stop solution for growing bandwidth demands. You can quickly scale up your capacity using remote servers or even scale down when there’s a decrease in sales. This kind of flexibility offers a competitive edge in the market as it helps you enhance your overall operational efficiency.
4. Smarter Team Collaboration
Teams can access, edit, and share documents anytime on the cloud, from anywhere. As a result, they can work better together and create more business opportunities in cloud computing. With a cloud-based workflow and file-sharing apps, your teams can have complete data visibility and make real-time updates. Many cloud-based services also offer collaborative social spaces to help employees connect better when they are working remotely.
4. Smarter Team Collaboration
Teams can access, edit, and share documents anytime on the cloud, from anywhere. As a result, they can work better together and create more business opportunities in cloud computing. With a cloud-based workflow and file-sharing apps, your teams can have complete data visibility and make real-time updates. Many cloud-based services also offer collaborative social spaces to help employees connect better when they are working remotely.
5. Faster Data and Disaster Recovery
Loss of data can be challenging for any small business. Apart from the loss of files, the time and money spent on recovery can be huge. As per CloudRadar, the cost of network downtime can be more than $10,000 per hour. Investing in data recovery can be troublesome for a small business. With the expertise and scale of cloud-based solutions, data recovery is quick for all kinds of disasters, even if it’s wiping data from a lost laptop! Cloud companies offer a sense of resilience against challenging situations.
6. Fewer Maintenance Hassles
Since your servers are off-premise, a third party will handle all the regular system updates. Did you know cloud adoption can reduce IT maintenance costs by 16.79%? The budget can be used to design and develop better market-differentiating solutions! You also don’t need to buy up-to-date equipment every few years, and as a result, you enjoy complete peace of mind. If your business is getting off the ground, this is an excellent advantage as you won’t need extra human resources for equipment upgrades and maintenance.
7. Greater Competitive Advantage
More than 75% of customers expect companies to embrace new technologies and deliver better experiences. As a result, when you move to the cloud, you can disrupt the market while remaining lean. This advantage can give you the competitive edge you’re looking for as a small business. You can now match the big and established business houses with high-end enterprise technology by your side!
If you’re wondering how to set up cloud computing for small businesses and avail these benefits, Globalion is happy to help. We’re an IT solutions company offering specialized cloud computing services for corporations nationwide. We can help you leverage the multiple business opportunities in cloud computing and embark on a journey of technological advancements. In a rapidly changing environment, cloud computing can help you improve and enhance your productivity. While moving from your old infrastructure to a new cost-effective cloud model, a well-planned and steady adoption strategy can significantly help.
Contact us to move to the cloud! Talk to our experts today!