You’ve already used cloud computing in your personal life. It’s a simple way to add safety and security to your most valued files. Most people have at least their favourite pictures backed up to the cloud.
Yet you may not even realise how it could benefit your business.
The best SMEs are already putting cloud technology to work to avoid headaches and increase revenue. Below, we’ll talk about cloud computing and discuss some ways that cloud solutions can benefit you.
It’s important to maintain an IT infrastructure for your business. The pandemic has shown that front and back-end IT solutions are more important than ever before.
Cloud computing allows you to have your computing processes handled safely and securely to ensure 24/7 coverage. It also provides a place for your business to store data with no risk of loss.
You can get more than just convenience from cloud computing. Companies running on the cloud are nearly three times as likely to increase their revenue by 5% or more per year in comparison to those that are not.
Below are 5 steps to help you start boosting your revenue with cloud computing immediately.
Managing your own hardware and infrastructure is expensive. Servers, cabling, and building space are not cheap. These things add up, give you a headache, and eat majority of your budget.
When you move your business into the cloud, the majority of these expenses leave with it. You’ll also no longer need to spend money maintaining redundant backup equipment for use in cases of an emergency.
This will also leave you more able to respond robustly to surges in business. You’ll be able to adjust without making changes to an in-house infrastructure. And, any downturns will no longer leave you on the hook for infrastructure costs you no longer need.
With the cloud, you can cut or re-allocate your IT labour costs. You will no longer require in-house 24/7 support for your infrastructure, which often comes with very high costs.
No matter the size of your business, cloud computing gives you access to economies of scale.
Typically, smaller businesses can’t hope to achieve this. You’ll be able to consider new business models previously unavailable to you.
You’ll also be able to pivot your in-house IT staff and redirect them into planning for the future, allowing you to be more innovative and agile in your sector.
Maintaining an IT infrastructure is not only expensive due to the equipment, space, and staff required. Businesses often overlook the considerable cost of the electricity that drives it all, as well as the cooling power required.
With your business running through the cloud, you’ll no longer be footing the bill to keep all of that equipment running all day, every day.
This also means that you’ll be doing your part towards reducing your carbon footprint.
Put simply, this is more money for you to redirect and use to help grow your revenue.
You can’t ignore the risks of unexpected situations facing businesses in the modern world.
Things can change faster than we might like, and you never know what’s around the corner - an unprecedented, historic, worldwide occurrence perhaps! The pandemic has shown that businesses need to be able to adapt at a blistering speed to stay abreast of the competition.
Businesses operating on the cloud were able to move more effectively into working from home during the pandemic than those that maintained their own in-house infrastructure.
Cloud computing is your most effective defense against uncertainty. It provides a service that scales up or down at a moment's notice.
You’ll even have the peace of mind that your business will still be able to operate in the event of a disaster that affects your office space.
If you implement cloud computing correctly, you’ll have the flexibility of a startup combined with the computing power and security of a world-leading technology company.
However, you need to make sure you choose wisely. The best cloud providers should provide you with:
The right provider will be the bedrock your business relies on, so don’t ignore the importance of making a good choice.
Migrating your business to the cloud has a two-fold benefit. It will help you cut costs, while also helping you find new ways to grow revenues. It will allow you to become more agile as a business, while also being more reliable for your customers.
The best cloud services are also pay-as-you-go, so you can start to benefit from cloud-based solutions without having to drop money into it at the outset, and without feeling locked long-term into a new direction.
Start looking into how you can grow your revenue with cloud technology today!