Sponsored by Equation Technologies:
The cloud has become a fabulous resource in recent years. A decade ago, if you had asked a friend what the cloud was, they would have probably pointed up into the sky in a quizzical fashion. Today, everyone and their dog uses the cloud, whether it’s for backing up their precious photos or using the latest version of MS Office.
For businesses, the cloud is a real asset. Cloud computing and software applications can make your life so much easier. The cloud can also help your business to grow – and here’s how.
Productivity
Cloud storage systems are much more efficient than traditional external storage. Your files are always available, no matter where you are. You can access critical files from any computer or internet enabled device. You can also search for lost files, which saves time when you are under pressure from a client. You can also use cloud-based applications to capture ideas and switch between different devices when working on a project. It’s perfect for working on the go!
Scalability
Cloud software is scalable, so you only pay for what you need. It’s not easy running a small business. You don’t have the benefit of a crystal ball, so you can’t look into the future and see where you might be in a year’s time. Cloud software solutions can be scaled up or down depending on your current requirements. It’s perfect for a growing business!
Cost
Cash flow is a big issue for growing businesses. If you spend too much on software, it could leave you short of cash, but if you don’t spend enough, it will affect productivity. You might not want to invest in expensive Sage software, as it could affect your cash flow, but if you pay for Sage Cloud Hosting, you are only paying for what you need on a month-to-month basis. This allows you to spend your working capital on stock and equipment instead, which gives your business a chance to grow.
Collaboration
Collaboration is important for a growing business. No man is an island after all, and unless you share ideas and work with other people, your business won’t stand a chance of evolving into something that’s bigger and better. The cloud makes collaboration a dream. You can share files in the cloud, work on shared spreadsheets and documents, and take advantage of cloud-based tools and applications.
Data Protection
Data protection is an important issue for modern businesses. Clients will expect you to keep their data safe at all times. Storing data in the cloud is a lot safer than keeping it on a local server. Hackers are always on the lookout for confidential data, especially if it contains financial details. Local security is never going to be as effective as multi-layer cloud security, so don’t put your client’s data at risk – use cloud databases instead. After all, it only takes one costly data breach to destroy your business’ reputation.
The cloud is limitless, so make the most of what’s available to keep your business on the path to success.