Why should you use cloud technology for your business?

Last Modified 16th of February 2021

The term cloud technology has only been around less than a decade, but it seems to have grown in popularity to the extent that everyone is talking about it for one reason or another. The main advantages that cloud technology has brought about are related to increased efficiency and significant savings over traditional IT solutions.

For those who might still be unconvinced, we will examine the main financial benefits that cloud technology can bring to a business. For more information check here for a low down on the nuts and bolts of cloud technology.

1. Pay as you go computing solutions

If your business is considering making the move to cloud computing, it is important to keep in mind that not all providers are equal. It is recommended that you choose a provider that offers pay as you go IT solutions. What this means is that you get to pay only for what you use, and that you can modify your contract with the provider to fit your computing needs.

Another characteristic feature of cloud solutions is scalability. This means that you can access more computing power as and when you need it, so in fact, cloud computing is an on-demand IT solution. The best part is that you can also “scale down” your servers during quiet periods, so your business will not be wasting money and/or resources unnecessarily.

2. Cloud types

Despite the popularity of the term cloud computing, not many people are familiar with the different types of clouds available. Businesses can save some money by choosing to migrate their software to a public cloud. Public clouds tend to offer industry-specific software packages that can be used by several organisations at any given time. Because there is no need for the cloud owners to create a specific software package for every company, prices are very affordable and often designed following a pay as you go model.

Public clouds offer additional ways of saving money. For example, there are significant savings associated to public cloud services, since they do not require businesses to invest in equipment at all. In addition, there is no need for a company using public cloud services to buy, maintain or repair servers. In other words, there are no capital expenses associated with public cloud computing.

3. Cloud computing and efficiency

Few business people would disagree with the statement that time is money. Think of all the time that is routinely wasted when software upgrades need to be carried out on every single computer in the office. Cloud computing developers took that into account too when designing the infrastructure of their computing models, so by switching to cloud computing, you will be saving time, maximising your overall organisational efficiency, and thus saving costs.

4. Choosing the right storage area network device

Migrating to the cloud offers financial benefits if you know which storage area network device is best. These are clusters of storage devices connected via an optical network. These devices do not depend on a physical machine in cloud environments, so your applications and critical data are available 100% of the time, increasing your company’s efficiency and overall performance.