Why Its Time for Your Business to Migrate to the Cloud
One of the most apparent effects of the ongoing global health crisis is the rapid and rather forceful adoption of work from home arrangements. As a result, businesses have been left with no choice but to leverage various technologies in order to ensure a successful transition to remote working. However, like most things in life, shifting to these new arrangements is easier said than done. Businesses must not only find the right platform and reliable security software, but also look for a user-friendly communication app and, above all else, a trustworthy storage solution.
Pariveda Solutions vice president Margaret Rogers explained that this is one of the reasons why tons of businesses have been migrating to the cloud during the past few months. However, even before the pandemic broke out, experts from Gartner already expected cloud adoption to successfully seep into the mainstream. After all, the global public cloud services market is set to jump by 17% this year, thereby reaching a market value of $266.4 billion. Bearing all that in mind, lets then take a look at some of the other reasons businesses are moving to the cloud.
Nowadays, data is understandably considered as the lifeblood of both big and small enterprises. It is then incredibly important for many businesses to utilize technologies that will ensure the safety of their data. With cloud technology, Memphis Business Journal explained that businesses will not only be able to decrease the likelihood of onsite disasters that could compromise data, but also increase the security of their data against hackers. In addition to this, cloud storage has also been found to be extremely effective in mitigating the impact of various cyber crime tactics, such as phishing and ransomware.
Unlike using local storage solutions, storing files online makes it easier for teams to make changes to and update shared projects. The file-sharing options on Box use cloud technology and illustrate how individuals can directly share large files of various types online across a range of compatible devices. Furthermore, a cloud environment also provides employees, contractors and other concerned parties access to the same file without needing to send out copies of an email with large file attachments. Businesses can also choose a specific computing model that makes the sharing of sensitive files, such as accounting records, quick and secure.
Reduce overhead costs
By leveraging the services offered by cloud technology, businesses are able to reduce overhead costs in many different ways. For instance, cloud technology eliminates the need to have in-house IT experts and lowers the cost of system upgrades, new hardware and software. Cloud-based applications such as QuickBooks can also be used to track expenses and manage financial statements, taxes, loss and profits reports and unpaid invoices. Since apps such as these have the ability to connect various accounts, businesses will also find it easier to pay vendors and employees. Andy Jacob, CEO of The Jacob Group, says " I changed many of my clients over to the cloud, and it has saved them huge money in terms of personnel and overhead."
Given the numerous benefits of migrating to the cloud, such as enhanced cybersecurity, collaboration efficiency and lower overhead costs, it's easy to see why businesses would flock to this up and coming technology.