Small Business Advice: Considering the Benefits of Cloud Computing

A recent study by Dell illustrated how companies that invested in cloud computing, data storage, and security see over 50 percent revenue growth than those who choose to forego these digital giants of the tech space.

Let’s face it, the digital age is here to stay. In its more advanced form, the digital age infiltrated our lives around 20 years ago and has grown exponentially during that short time.

According to market.us, The Global Cloud Computing Market size is expected to be worth around USD 2,321 Billion by 2032 from USD 546.1 Billion in 2022, growing at a CAGR of 16% during the forecast period from 2022 to 2032.

As a business owner, you can choose to either go with the current, or attempt to paddle upstream. And life without digital tools in the business world is proving to be fatal to reaching goals or success.

Cloud computing, data storage, and security, among many other tools such as Enterprise Resource Management (ERP) programs, can be huge assets in the business world. Here, we’ll outline a few of these benefits.

Mobility

It’s estimated that there are roughly 2.6 billion smartphones in use across the globe today. With this statistic in mind, it’s easy to see why cloud computing makes sense, especially from a business perspective.

We all need to be connected in the business world in order to properly manage our affairs, and cloud computing makes this possibility a reality.

If you have a large staff and you work remotely, cloud computing makes data storage and sharing simplified to an enormous level. Using these tools, you can stay connected with both clients and personnel in real-time, without having to worry about data falling through the cracks.

Additionally, many cloud services offer consultation if needed. For example, if you’re running an ERP program such as Enterprise One or Oracle from JD Edwards, you can enlist the aid of JD Edwards Consulting for any questions or assistance you might need.

Collaboration

Business is nothing without customers, and the same can be said about partners and colleagues. In the business world, collaboration is key to a successful endeavor, and cloud computing can streamline your collaborative efforts.

If you run a small business, chances are you have a team of employees working alongside you. But a team can only operate effectively when everyone is kept in the loop. Cloud computing enables you and your team members to share data easily and securely across a digital platform, without having to worry about lapses in time.

Studies have shown that businesses that operate across a cloud platform see an uptick in collaborative efforts by as much as 40 to 50 percent in some cases, and some can claim an even higher rate.

If you want you players to operate as a team, cloud platforms can make this a cinch.

Recovery

We all live in an ever changing world, and not one of us can anticipate what the world will throw at us in a few minutes from now, let alone in the weeks ahead.

Accidents happen, and sometimes natural disasters strike which can grind our forward progress to a screeching halt. And in a fast paced world where even the least bit of idle time can allow the competition to sneak ahead and win the race, you need to be prepared to adapt to any situation.

In the event of power outages due to unforeseen circumstances including inclement weather like that of thunderstorms, floods, hurricanes, tornadoes fires, and the like, the cloud will keep your data safe and stored. Also, if you're in a big city close to the ocean like San Diego or California, finding offsite data storage services around San Diego is a good idea to ensure your data is secure during any natural event.

Data recovery is one of the primary reasons why cloud storage was created, and with this as a failsafe, your recovery time will be cut in half and you’ll be back to regular business in no time at all.

As a business owner, the more convenience you offer yourself, the more time you’ll have to focus on growth and expansion. Cloud computing is a path toward this goal, as it allows you to operate in real time without worry of security issues, data dumping, or losing all of your vital information.