The 3 Main Benefits Of Cloud Computing

benefits of cloud computing

Cloud Computing is the use of a network of online computers or remote servers to act as storage and to manage and process data online remotely.

There are three leading benefits of Cloud Computing namely: Flexibility, Efficiency, and Strategic Advantage. Let’s talk about each benefit below.

Benefits of Cloud Computing

1. FLEXIBILITY

If there is access to the Internet, users can access cloud services and remotely access and manage their data anytime, anywhere.

To analyze the flexibility that cloud computing provides, let us break down the components that go under flexibility.

Workload Scalability

No matter how small or big the workload is, users can rely on Cloud computing infrastructures to support their workload demands. For fluctuating workloads, this is a significant consideration.

Infinite Storage

Unlike saving locally, cloud infrastructures ensure that the user has access to an almost infinite amount of storage. Unlimited storage means that the data storage can expand virtually without having to upgrade a stable drive.

Manage Level of Control

Users can manage the level of control they want their Cloud Services to have using "As-A-Service Options" which includes platform as a service (PaaS), software-as-a-service (SaaS), and infrastructure as a service (IaaS).

Customized Tool Selection

Users can easily customize the default and additional tools and features that they want their Cloud Computing Server and Services to have. The tools would fit their specific needs or cater directly to their customers' needs.

Security Features

Hacking is widespread especially for data and information found online. Because of this, Cloud Computing's security features enable the server to be safe from online and hacker attacks. These features include Passwords, Encryption, API keys, and the Virtual Private Cloud.

Benefits of Cloud Computing

2. EFFICIENCY

The cost, security features, and processing involved in Cloud Computing are more effective and cost-efficient compared to its physical and local counterparts.

What’s good about Cloud Computing is that users can get applications and upgrade quickly online, without the need of worrying about infrastructure costs or maintenance.

To understand why Cloud Computing is efficient, let’s look into the different components that comprise efficiency below.

Accessibility

Cloud Computing provides applications and data that can be accessed online anytime using any compatible device that can access the Internet.

Speed To Market

Users work online making them market applications quickly.

Data Security

Since everything is cloud-based and saved virtually online, there is an instant generation of backups. This results to hardly any data loss.

The hardware usually fails after a certain point in time because of the depreciation of physical materials which may lead to data loss. Data loss would not happen when your data is stored online.

Pay-For-Use Options

Cloud Computing allows users to pay only for the services and resources that they use.

Save on Cost, Equipment, and Effort

Since remote servers control the Cloud Computing, users do not need to buy their servers and equipment, saving cost, space, and effort of purchasing and installing local servers. The Total price includes not only the server but also the people that would handle the maintenance.

Benefits of Cloud Computing

3. STRATEGIC ADVANTAGE

Cloud Computing provides companies and users with a competitive and strategic advantage over their competitors because of the ease of use and innovative technology which includes the following factors:

Efficient & Streamlined Work Development

Cloud Computing provides users and companies the ease of access to data, making organizations focus on actual work development.

Up-to-Date Innovative Technology

Upgrades ensure everything is up-to-date. Online-based updates ensure that the servers and data are up-to-date in real time.

Online Collaboration

Data can be accessed anywhere in the world. Workers do access and processing of data on-the-go, and even if people travel, they can still access their data fully and efficiently.

Competitive advantage

Companies and organizations don't have to manage their servers physically and focus on their work. They don't need to hire and buy IT resources and infrastructure either.

FOUR THINGS TO CONSIDER WHEN EVALUATING THE BENEFITS OF CLOUD COMPUTING:

There are four things to consider when analyzing and evaluating the benefits of cloud computing. These factors are necessary to ensure that the benefit outweighs the cost and that Cloud Computing outperforms local servers and storage options.

Do you need it for your company? To understand the benefits of having cloud computing, let us dwell on these four factors.

Infrastructure Costs and Workload Capacity

Cost of having local servers include the actual physical servers, the cost of maintenance, operations, the building space where you would keep the servers, the overhead costs including electricity and location maintenance, etc.

Cloud Computing eliminates all of these costs and factors so users can focus on their work. Aside from this, physical servers are not that flexible when it comes to upgrades and additional storage requirements.

Cloud Computing provides users with unlimited access to data storage which they access anytime, anywhere. Fluctuating workload requirement and capacity is never an issue with Cloud Computing.

Software-As-a-Service Options

Application access can be done within a few seconds compared to manually purchasing software and having IT personnel install them online. No more troubleshooting and waiting time for specific apps to be bought, downloaded, or installed. SaaS options give users the freedom to use apps on the fly.

Productivity

Cloud Computing provides the user with the ability to show performance and data using a dashboard. It also allows users to have real-time statistics and analytics that would cost a lot of workforce cost and hours to create if done manually.

Risk Is Manageable

Cost Computing allows users and companies to only use what they need in terms of apps and data. Companies do not need to buy their local server and pay for the cost of operations and maintenance. They do not need to buy all the apps for an unlimited time because they can pay for how much time they use an app and data server.

The risks are very low and manageable that the company has the opportunity to try several projects at the same time. The more the company creates, the higher the percentage of them to succeed. Not only is there lowered risk, but Cloud Computing also offers users reduced cost, data portability, and better speed.

In conclusion, Cloud Computing provides users lowered cost compared to managing local servers. It gives users reduced risk of loss of money and data. Data storage is virtually infinite, and upgrades are a breeze.

It also allows users the flexibility of accessing and processing data anytime, anywhere. So companies should consider Cloud Computing because the benefits it provides would give them an advantage over their competitors.

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There are more than 3 Benefits of Cloud Computing, but hopefully, you get the point. If you need assistance, feel free to contact us.