The business value of cloud computing

Cloud computing is the provision of IT resources delivered over the Internet on an as-needed basis, with pricing based on usage. As a result, you can save time and money by using cloud-based technology services, such as AWS, instead of maintaining your own physical data centers and servers.

Statistics suggest that approximately 60% of the world's corporate data is stored in the cloud, and global cloud infrastructure spending is expected to reach $118 billion by 2025.

With the advent of cloud computing, there are seemingly endless new opportunities to use technology to improve business operations. Utilizing cloud computing allows companies to be more resourceful with how they use IT, giving them more time and attention to dedicate to meeting their business objectives.

There are many benefits of cloud computing, including the following:

Increased collaboration and productivity

Businesses can improve employee communication and collaboration by using cloud-based tools and applications. This is because cloud-based applications can be accessed from anywhere at any time, making it easier for employees to work together on projects.

Improved scalability and flexibility

Cloud computing allows businesses to scale up or down as needed, making it more flexible than traditional IT infrastructure. This means that businesses only have to pay for the resources they use, which can save money in the long run.

Greater security

With cloud computing, businesses can take advantage of enhanced security features, such as data encryption and user authentication. This can help to protect sensitive data and prevent unauthorized access.

Reduced costs

Tech Republic found that cost saving significantly motivates IT professionals to switch to cloud storage. Statistics suggest that 95% of IT professionals believe that using the cloud would lower setup and maintenance costs, with nearly half saying their IT expenditures could drop by up to 50%. This is because businesses no longer have to invest in their own physical infrastructures, such as servers and data storage. Instead, they can use the resources provided by a cloud service provider.

Agility

Cloud computing can give businesses a competitive edge by making it easier to be agile and respond quickly to change. This is because cloud-based applications, from infrastructure services, such as storage space and databases, to the Internet of Things technology, machine learning algorithms, data lakes and analytics toolsets, and beyond can be deployed rapidly without requiring lengthy installation processes.

Responsiveness

Cloud computing can help businesses to improve their responsiveness to customer needs. This is because cloud-based applications can be updated quickly and easily without the need for complex and time-consuming processes. For example, let's say you want to offer a new service in response to customer demand. You can do this quickly without making a significant upfront investment in the cloud.

Cloud computing is revolutionizing how businesses operate and giving them new ways to be more efficient and productive. If you are not already using cloud-based services, now is the time to explore how they can benefit your business.

We at SEIDOR understand the importance of moving to the cloud to stay competitive. The cloud allows businesses to scale quickly and efficiently and access powerful new technologies. However, making the switch to the cloud can be a challenge. That is why we offer a range of services to help streamline the evolution of your infrastructures, systems, and applications toward the cloud. With our help, you can make the transition to the cloud smoothly and efficiently and reap the benefits of this transformative technology.