Technology is evolving at a rapid pace and business organizations are finding it difficult to cope with the pace of advancements. Still, being fully aware and awake to the most recent developments has become more of a compulsion, rather than choice for almost all business concerns.

Cloud Computing and Strategic Business Advantages 2020

Cloud Computing has been around for quite a while by now, but it is one of those technologies that are constantly evolving. Ever since its introduction, the cloud has been morphing into something that is driving the success and long term sustainability of business organizations.

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Strategic Business Needs

Let’s briefly touch a few strategic needs of most business concerns, before we delve into how the cloud fits into the whole picture.

Staff Education

Productivity

Today’s businesses are highly driven by productivity. Whether it’s a product or service, it can only be truly successful if it can remain productive, even in the most disruptive conditions

Vendor Lock-In

CapEx Concerns

Most capital expenditures are highly prohibitive in their very nature. Among them, technological expenses feature at the few top slots. A managed capital expenditures outlay will improve the future prospects of any business.

Unpredictable Costs

Employee Productivity

Presently, human capital is the most vital resource. There are many natural and manmade events that can potentially disrupt business operations. With a Cloud Based Enterprise Solution, employees can remain fully productive from remote locations, without having the need to physically show up for work.

Unpredictable Costs

Reduced CapEx

When any organization employs a Cloud Service Provider (CSP), it no longer needs to procure or maintain an elaborate IT hardware in house. All the hardware resources are the sole responsibility of the CSP. This way, a major component of capital expenses of an organization can be saved.

Once the main hardware is outsourced, a business can manage even with dated hardware for end users over an extended period of time. All the storage and processing resources used are being sourced from the CSP, while endpoint devices are only used as a medium for instructions or user interface.

Unpredictable Costs

Flexibility

Present cloud based solutions are growing ever more flexible. Organizations can choose from a host of deployment infrastructures that best suit their strategic needs. Businesses may opt to migrate entirely over the cloud or go for a hybrid solution that is a mix of on premise and cloud based infrastructures.

Unpredictable Costs

Ease of Access

The cloud ensures ease of access for organizational employees. They can access their work even from the comfort of their home or while on the move. This enables the workforce of any cloud powered business concern to remain productive from anywhere, so long as there is internet connectivity.

Unpredictable Costs

Versatility

Most cloud solutions allow users to access their work from multiple devices. An employee can have round the clock access to work via smartphone, tablet, laptop or desktop. This level of versatility promotes organizational efficiency and also improves employee motivation.

Unpredictable Costs

Data Security

Cloud Service Providers (CSP) maintain a strong cyber security posture. Their data centers are protected by multiple layers of user authentication and security. This is vital to protect an entity’s business critical data. It also gives customers of a product or service added peace of mind that their sensitive info is in safe hands.

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Unpredictable Costs

Software as a Service – SaaS

Today’s cloud based solutions are becoming very versatile and effective. In addition to basic functionality, present cloud services also include productivity software that are fully integrated with an organization’s data. This in turn enables the streamlining of business processes by executing them in a well-structured manner.

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Unpredictable Costs

Platform as a Service – PaaS

The cloud also has an answer to customized needs of some business entities. Some cloud based services offer entities a fully functional software development environment over the cloud, where they can develop enterprise grade solutions tailored to their unique business processes.

Unpredictable Costs

Scalability

Cloud based solutions are highly scalable. Organizations can scale their cloud solution purely on a need basis virtually in real time. This enables them to scale their solution up or down, which makes coping with seasonal trends a very easy affair. The other great aspect of cloud solutions is that scaling entails no hardware related investment.

Conclusion

The cloud is a great facilitator for business organizations of different sizes that belong to a host of various industries. What’s most important is choosing the right Cloud Service Provider (CSP) like dinCloud that best suits your organizational needs and aligns with long term horizon.

The other key aspect of any cloud powered solution is choosing the best deployment infrastructure. For some business entities, a complete migration to the cloud is the most suitable option. In certain cases, a Hybrid Cloud Infrastructure is most advisable.

Lastly, regulatory compliance must be an important consideration when selecting a CSP. Today’s regulations around data collection, storage and management are getting very stringent. Any violations entail heavy monetary fines and other penalties. EU’s General Data Protection Regulation is a major example of such a strong regulation.

If all the above factors are duly considered when prospecting for a cloud solution, it is quite expected that the overall efficiency and effectiveness of an organization will improve. Remember, there is surely a cloud based solution that is highly suitable to the unique needs of your business concern.