As technology slowly creeps its way into our lives in one way or another, it is doing wonders for business everywhere. Gone are the days of using outdated, manual methods of data collection or traditional marketing techniques as technology makes it easier to achieve these things and so much more. Famous technological avenues, such as cloud-based technologies, are transforming how things get done when it comes to a business’s operations.
The use of cloud-based technologies leads to numerous financial benefits for a company. It noticeably reduces the amount of hardware it has to purchase while also boosting productivity and lowering maintenance costs. In fact, a recent survey shows that around seventy-nine percent of businesses adopting cloud technologies reported that they saved money, increased productivity, and improved overall business infrastructure security.
From improving remote workforce collaboration to the ease of scalability, the impact of cloud-based technologies on businesses is enormous. Some ways in which companies can expect productivity enhancements are listed below:
Say Bye-Bye To Your IT Problems
Cloud-based technologies essentially allow companies to outsource their IT work to a third-party company. Something such as this will shift the burden and risk associated with maintaining an in-house IT infrastructure. Your cloud service provider will take on most of the responsibilities and risks.
A good cloud-computing service provider will handle everything from security to updates to routine maintenance. It will save any business money and time, which they can utilize to improve other business operations while boosting productivity.
Better Security For Data
When businesses store data locally, issues such as data theft, loss of storage devices, and leaks can occur at any point in time. Lately, there were massive data breaches that cost several businesses worldwide hundreds of thousands of dollars. If they would’ve moved their data to the cloud and monitored it using cloud-based access control systems, none of this would’ve occurred.
When a company’s data and information remain on the cloud, it is highly secure. Worrying less about data breaches will give them time to think about other critical business aspects, boosting their operations and employees’ productivity. Plus, nobody likes to spend millions of dollars on disaster management after a data breach!
Enhances Collaboration
With the use of cloud-based technologies, remote employees can collaborate on a single cloud-based platform. According to Forbes, around 64 percent of businesses state that cloud-based collaboration tools help their remote workers execute and complete tasks better and faster. As many companies now operate globally, they require collaboration tools right now and then.
With cloud-based collaboration applications, there is better connectivity between workforces from various parts of the world. All employees can now have access to data and information anytime and anywhere. It leads to improved employee efficiency and a welcome boost in productivity levels.
It is An Economical Solution
Any company’s primary goal is to make tons of revenue, and reducing operational costs allows them to achieve this goal. The most significant benefit cloud-based technology brings is, unsurprisingly, a financial one. A company’s financial model when implementing cloud technologies is a predictable and affordable one.
There won’t be any upfront charges, monthly fees, or bandwidth limit most of the time. However, some cloud service providers will ask you to pay a pretty penny to unlock unlimited usage. But, most of the time, you can get by with the free service. Furthermore, switching from in-house services to cloud servers eliminates IT support staff’s need, lowers maintenance costs, and saves energy.
More Disaster Proof
Losing essential data files to a disaster such as a fire inside the premises can be detrimental to any business. Data back-up providers continuously preach this message till the current day. However, with cloud-based technologies, it is convenient to heed such a statement. It is a no-brainer to move all data to the cloud as it prevents it from succumbing to physical disasters.
Plus, virtualization technologies incorporate recovery models, which provide the user with a cloned version of their data. And this data is readily available to access in case something goes wrong.
Supports the BYOD (Bring Your Own Devices) Practice
In the USA alone, 87 percent of all businesses rely on workers using their mobile devices to access business services and applications. Cloud technology promotes the BYOD policy even more than ever before.
Uit allows employees to be more responsive and productive. After all, working from the comfort of a familiar device is far better than trying to operate the machines your employer provides. Not to mention, they can access these business services and applications wherever they go as they are not bound to their employer’s in-house machines.
Reduces Downtime
Whether it be data breaches or IT issues, cloud- technologies help reduce downtime, which does wonders for employee productivity. Cybersecurity issues such as ransomware or malware can prevent employees from accessing files, usually leading to a halt in businesses operations. Such delays can cost a lot and impact productivity negatively.
Cloud-based technology providers have round-the-clock security staff who ensure that their services remain protected from cyber-attacks or internal IT issues. They ensure every service is up and running, enabling a business to reduce their downtime, which does wonders for employee productivity.
Easily Integrable With Existing Business Systems
Most cloud-based technologies are easily integrable with a business’s existing systems and software application. It means that workers can switch between applications without manually transferring data from application to application, which can take more time and is an error-prone process.
Although, it’s not like you can ‘connect and forget.’ Businesses will require some integration work for everything to work seamlessly, but it will take business and employee productivity to the next level when done accurately.
Gives A Competitive Advantage
According to some new studies by Harvard Business Review Analytic Services, 74 percent of business stated that cloud-based technologies gave them a competitive edge in the market. They felt such a thing because cloud-technologies provided them a way to capitalize on opportunities more quickly than their competitors.
In other words, cloud-based technologies allow businesses to develop agility that positively impacts their ability to respond to customers’ needs and requirements. These technologies are facilitators between a company and their customer, allowing them to improve products or launch new ones.
Conclusion
The utilization of cloud-based technologies will only accelerate in the years to come as businesses search for ways to boost their productivity. Furthermore, these businesses are looking for ways to cut down operational costs, offer better services, develop better products, and helping them achieve their financial goals in due time. There will come a time when everyone will work on the cloud, and typical IT systems will be a thing of the past.
Also read about: Five insane Cloud Storage Facts that will surely blow you away
