Do you know how important cloud computing is in business? We live in a technologically advanced world in which company executives rely largely on creative applications and technologies to expand their businesses.
This basic truth enables entire enterprises to scale their operations more efficiently, automate a host of activities, and build their brand name through innovation.
With so many innovative technology-based solutions available, business owners frequently struggle to identify the best options for their businesses and staff.
Sumatosoft specialists emphasize that the prospects are limitless and that any industry may find methods to use technology to grow their business. Cloud computing, on the other hand, is an obvious choice.
Cloud computing has become a vital pillar of professional growth, regardless of industry, and it allows businesses to respond more swiftly to ever-changing market trends and demands. When you consider the ongoing pandemic that has forced so many firms to adopt the remote model, the cloud has played a critical role in that transition. There are many examples of cloud computing showcasing its transformative impact across various sectors.
The role of cloud computing goes beyond a single benefit; therefore, let’s break it down into a few key advantages that cloud computing delivers to the business world. You will most likely rush to implement your cloud solution.
What are the Benefits of cloud computing in business?
1. Immeasurable business flexibility
Remote work is becoming increasingly important for corporate success. With the epidemic in full force, businesses have had to send their employees home, and those who haven’t adapted have incurred enormous losses.
Employees who use cloud-based collaboration can work from wherever and communicate with their teammates right away.
Furthermore, cloud-based customer care gives your teams access to all of the client data they need to assist your customers and protect your company’s image. All communication is consolidated, and all collaboration is streamlined, giving you ample leeway to keep your firm going despite the current challenges.
2. Enhanced business security
With increased technology come more sophisticated hackers with capabilities that most small firms cannot defeat. That is, using traditional infrastructure. On the other hand, cloud computing provides the most powerful computer network security solutions, allowing you to tailor your protection to your specific requirements.
Software malware protection, combined with hardware firewalls designed specifically for your corporate network and traffic monitoring, all contribute to better security for your enterprise.
Cloud-based security solutions provide enterprise-wide protection for all devices, particularly if you use specialized network protection. This will allow you to avoid security breaches and data loss, which may otherwise cause you significant financial harm.
Security has emerged as the most enticing component of cloud computing, pushing businesses to migrate to the cloud from legacy systems.
3. Reduced business expenditures
Even if you are the industry leader and have a well-established brand that is financially stable, cost-cutting is always beneficial. Every company’s long-term viability is due to its capacity to reduce operational costs and expenses.
This conservative approach, along with good budget allocation, keeps businesses healthy and viable amid a catastrophe like the epidemic.
Cloud computing uses a variety of new operational solutions to help your business save money. Switching to the cloud means lowering your IT maintenance costs and eliminating the need to purchase more gear to increase your storage capacity.
With a monthly subscription, you can plan your budget ahead of time; you’ll have plenty of leeway to adjust your expenses if you need to scale your business to a new cloud solution.
Scalability is significantly less of an issue in the cloud. With automated processes, built-in security, and efficient IT support, you can concentrate on business growth, which the cloud can certainly handle.
4. Easy collaboration
Whether they operate remotely or not, your teams could benefit from a more efficient platform for collaboration and communication. This is where cloud computing becomes critical for enterprises of all sizes, as it makes it much easier to combine multiple communication tools, analytics, and reporting tools, as well as store data when working on the cloud.
That fact alone allows your staff to access your company’s processes, resources, and software, making things much easier to manage.
Office workers will not need to schedule meetings when they can communicate in real-time using cloud-based documents while actively talking or video chatting with remote employees.
5. Streamlined workflow
Have you observed that using locally stored programs can be extremely taxing on your systems, slowing your staff down? However, it is difficult to integrate all of your digital tools locally, particularly if you manage a small business with limited resources.
With the cloud, you can store a large number of cumbersome tools, apps, and programs without overloading your local devices. Your systems will run more efficiently and without delays, and your apps will load faster in the cloud.
As a result, your staff will be substantially more productive, and their work will be regularly backed up on the cloud and appropriately safeguarded, providing them with peace of mind. With such a system, your entire IT staff can automate many procedures, allowing you to run your organization more efficiently.
Cloud Computing Business Examples
The SaaS companies listed below provide excellent examples of how to use the cloud for modern brands. These cloud business ideas demonstrate how leveraging the cloud can transform and scale business effectively.
1. AirBnB
Airbnb is a website that connects people willing to rent out their homes with others looking for short-term accommodations in their area. People choose to stay at Airbnb over hotels because they have character, are homey, and provide a local experience.
Airbnb delivers its services globally using a SaaS platform. More specifically, the platform changed its design from monolithic to microservices.
The platform employs a Service-Oriented Architecture (SOA). According to Jessica Tai, the tech lead manager, they saw that the developers were still struggling with the architecture’s complexity, so they refined it further.
2. Netflix
Netflix is a popular video streaming service, with over 231 million paid subscribers worldwide. It was initially a direct competitor to Blockbuster when both rented movies on actual DVDs (Blue Rays).
Two events occurred that changed Netflix forever. First, a problem disabled one of its key data centers, causing it to lose millions of dollars in income, and it realized it needed to migrate to a more durable database in the cloud to avoid future losses.
Second, due to its monolithic architecture, it was unable to scale as fast as demand and opportunity required.
Netflix engineers can use microservices to not only separate sections for updates without affecting others but also improve personalization. Edge computing components, such as material Delivery Networks (CDNs), assist in providing local material more quickly, with less latency, and at a lower cost.
Netflix just declared that it would optimize its large $1 billion cloud cost with AWS by tracking the data it stores.
3. Uber
Uber is a taxi-hailing network that connects anyone with a car to anyone in need of a trip. It connects to over 131 million monthly active users and more than 3.5 million drivers worldwide, completing approximately 24 million journeys per day.
The platform’s model is based on SaaS. A mobile app connects cab drivers and riders, providing payment options. This mobile architecture is cross-platform (Android, iOS).
However, the entire business is built on a microservices design. In Uber’s own words, its previous design meant that “incorporating small changes ran the risk of breaking other parts of the app, making experimentation fraught with collateral debugging, inhibiting our pace of future growth.”
They may now continuously improve the app in portions and incrementally without disrupting other parts.
4. CloudZero
CloudZero differs from standard cloud cost management software in a few areas. Rather than gathering, evaluating, and disseminating cloud costs as totals and averages, CloudZero’s Cloud Cost Intelligence engine breaks them down into unit prices. This comprises the cost per individual customer, project, team, environment, and so on.
This granular approach allows stakeholders to make better, faster decisions. For instance, finance can utilize the cost per customer to determine a reasonable and profitable fee for a client’s platform utilization. You can also decide what type of discount you can provide them to encourage renewals.
CloudZero is a SaaS brand that acts as an observability platform, using the Snowflake data cloud for deep analytics and serverless computing to provide real-time cost analysis.
5. Zoom
Zoom offers AI-powered video calling, conferencing, chatting, and more for both personal and professional use. It also allows for virtual meetings, workspaces, whiteboards, team chat, and calendar scheduling.
It was growing at a rate of 10 million users per day during the pandemic in 2020, necessitating significant architectural scalability. Its success can be attributed to its flexible use of Amazon Web Services and Oracle Cloud Services, which enable it to scale up and down during peak traffic.
It uses a network of 19 interconnected data centers across the world to reduce video call latency by delivering services closer to the consumer.
With App-level Quality of Service (QoS) and multibitrate encoding, a single stream may automatically adjust to varied video and audio call resolutions while maintaining quality.
This combination enabled 224% growth in three months while maintaining high-quality service.
6. IBM
IBM offers a comprehensive cloud platform that includes full IaaS capabilities for virtual computing, networking, and storage. IBM’s cloud infrastructure solutions offer everything required to create, run, and maintain a high-performance application.
Furthermore, its BMaaS offering provides even greater control over the underlying hardware. In this technique, you can use 100% dedicated bare metal servers (with up to 20 TB free per BM server) that are tailored to your exact specifications to meet your price-performance objectives.
IBM’s IaaS services, like AWS, Azure, and GCP, can meet almost any scalability, storage, security (KYOK FIPS certification 140-2 Level 4), networking (100 Gbps), and performance needs.
7. Google App Engine
App Engine is a serverless PaaS environment available as part of the Google Cloud Platform (GCP). It provides a strong environment in which your developers can create apps to achieve a variety of objectives.
The PaaS is entirely managed, allowing your developers to focus just on their code rather than the underlying cloud infrastructure, which Google engineers maintain. It also supports other programming languages, including Java, Go, Ruby, PHP, C#, Python, and Node.js.
It is also feasible to host numerous versions of your app and configure development, test, staging, and production environments.
You can also check into Red Hat’s OpenShift for containers, Heroku, Azure’s PaaS, and AWS’ Elastic BeanStalk if you find App Engine limited in terms of supported APIs and overreliance on Google Cloud Services.
8. Azure Virtual Desktop
Microsoft’s Azure Virtual Desktop (AVD) is currently the most popular DaaS service, most likely because it supports Windows 10 and 11, as well as Microsoft 365 productivity apps.
The service, formerly known as Windows Virtual Desktop (WVD), virtualizes versions of the Windows operating system (Win OS) for use in the Azure cloud.
AVD offers a variety of services, including secure remote access for your team from any device. Bringing your licenses allows for cost savings and increased price-performance flexibility.
A highly scalable platform designed to meet the needs of most companies, no matter their size. Other DaaS solutions similar to Azure Virtual Desktop include Amazon Workspaces, Citrix Managed Desktops, Dell PC as a Service, V2 Cloud, and Kasm DaaS.
The 5 Benefits of Cloud Computing
A company can benefit greatly from using cloud services. Here are the most important benefits of cloud computing:
1. Costs
Cloud computing can help a firm save money and enhance revenues by removing the costs associated with having its IT infrastructure.
Setting up servers, installing the most recent versions of apps, monitoring security, and acquiring software can all be time- and resource-intensive.
Cloud computing services enable efficient resource allocation. Companies typically pay a subscription fee to have access to the necessary services. Cloud service providers often offer several solutions to help businesses in a variety of industries cut their costs.
2. Speed.
Cloud computing enables companies to send, store, and share information more efficiently than traditional techniques. It enables businesses to communicate and collect information in real-time, as well as get access to new resources or software.
When all corporate devices connect to the cloud, they may speak with one another and send data immediately. If a user requires additional computer resources, they can obtain them immediately from a cloud service provider, which may allow them to fulfill unforeseen demands.
3. Performance
Cloud-based service providers use cutting-edge technology and many server locations to give their customers the best service possible.
Companies that create or use resource-intensive applications may need the capabilities of cloud computing to ensure that their apps work successfully.
Those who use their data center may encounter outages and network slowdowns, necessitating the involvement of an IT team to monitor and resolve these issues.
Cloud computing can boost firms’ confidence in the availability of their networks, allowing for better performance in a high-demand environment.
4. Scalability.
Cloud computing can expand to meet the budgets and needs of particular businesses, providing customized services. The cloud often gives access to computer services as needed by the firm, allowing it to concentrate on the areas that demand attention and promote its growth.
Small businesses can begin by acquiring a small amount of server space from a cloud service provider, then increasing the capacity as their needs grow.
If customers discover that they aren’t using particular services, they may quickly cancel their subscription with the cloud provider to save money.
5. Analysis
Cloud services can help with data collection and analysis. The cloud enables any device to send data to a central place quickly. Companies can utilize remote applications to process massive amounts of data and build models.
Storing data in the cloud enables customers to take advantage of new software and services while also gaining insight into their business processes.
FAQs
What is cloud computing for businesses?
Simply described, cloud computing is the transmission of computing services via the internet (“the cloud”) to provide speedier innovation, flexible resources, and economies of scale.
How is cloud computing changing business?
Cloud computing enables a more responsive and agile business environment. Companies can rapidly deploy new apps or resources, allowing them to adapt quickly to market changes and opportunities.
How is cloud computing used as a business tool?
Another key advantage of cloud software is its capacity to efficiently collect, store, and analyze large amounts of data. By gathering data, organizations can obtain insights into customer behavior, market trends, and operational efficiency, allowing them to make better decisions and achieve a competitive advantage.
How does cloud computing affect business?
The cloud provides exceptional scalability and flexibility, allowing businesses to modify computing resources based on current requirements. This versatility is critical for responding to market changes, managing variable workloads, and promoting growth outside of the constraints of traditional physical infrastructure.
Conclusion
Cloud computing has developed so far from its humble beginnings that most businesses cannot envision working without it today.
However, if you’ve had any concerns, now is the time to move your organization to the cloud and take advantage of all of its benefits, only a few of which we’ve mentioned here.