Digital Transformation trends are empowering organizations of all sizes to improve and innovate their businesses. Some of these trends are completely changing the game including Cloud Computing.
Cloud Computing is the practice of storing, managing, and processing data using a network of remote servers that are hosted on the Internet. Cloud computing allows organizations to access their information and data virtually anytime, anywhere.
A recent survey done by Logic Monitor suggests that 83% of Enterprise Workloads will be in the cloud by 2020. On-premise workloads are predicted to shrink from 37% today to 27% of all workloads by 2020.
Percentage of Where Will Workloads Run (Today versus 2020)
What could be the reasons why enterprises are leaning on to the cloud? In this article, we will help you gain a better understanding of the cloud and its potential benefits to your organization.
1.) Low Cost
Being virtually available, enterprises (especially SMEs and start-ups) can save substantial capital and operational costs through a reduction in spending on equipment, infrastructure, maintenance, and software.
The cloud allows access to information and data through wireless devices, whenever and wherever, as long as you’re connected to the Internet thus increasing the organizations’ agility.
Organizations can easily scale up or scale down operations together with the storage needs to suit variations based on the business’ demands. Most cloud service providers can increase or decrease their packages within minutes as well.
4.) Improved Collaboration
A cloud computing model can give your organization the ability to communicate and share with ease. Employees can easily share data and collaborate to complete tasks even from different locations. It also allows multiple users to share and work on data at the same time.
5.) Business Continuity
In the event of a disaster, be it natural or technical, organizations must be confident that their data are protected. Thanks to the cloud’s backup mechanism, the data will always be available and it can be restored in a timely manner as long as users have an Internet connection.