Cloud Computing: The Modern Magic Genie

What is Cloud Computing?

Cloud computing is the practice of using computing services on the Internet rather than a local server or a personal computer to store, manage, and process data.

How does cloud computing work?

Companies these days rent access to applications or storage from a cloud service provider rather than owning their computing infrastructure or data centers.

The advantage of using cloud computing services is that it enables companies to avoid the upfront cost of owning an IT infrastructure and maintaining it too. Instead, they pay for what they use, whenever they use it. The benefit of providing cloud computing services is that the providers deliver the same services to a varied range of customers.

Advantages of Cloud Computing

  1. Security– While most businesses don’t like to openly consider the possibility of internal data theft, the truth is that a staggeringly high percentage of data thefts occur internally committed by employees. In this case, many companies consider it much safer to keep sensitive information off-site. The cloud enables security of data both inside as well as outside the organization.
  2. Flexibility – The cloud offers businesses more flexibility as compared to hosting on a local server. A cloud-based service can meet demands instantly, rather than undergoing complex updates to the IT infrastructure. The improved freedom and flexibility of cloud makes a significant difference to the overall efficiency of an organization. Majority respondents of a survey said that the ability of quickly meeting business demands is the most important reason for any business to move to a cloud environment.
  3. Increased collaboration– For businesses that have two employees or more, making collaboration should be the top priority as cloud computing makes collaboration a simple process. It enables team members to view and share information easily and securely across a cloud-based platform. Some cloud-based services even provide collaborative social spaces to connect employees across the organization. This also helps in increasing interest and engagement. Collaboration may also be possible without a cloud computing solution, but is not as effective.
  4. Quality control– A few things that are detrimental to the success of a business include poor-quality and inconsistent reporting. In a cloud-based system, documents are stored in a single place with the same format. Cloud ensures everyone accessing the same information, therefore helping in maintain consistency in data, avoiding human error, and keeping a clear record of all revisions or updates. Conversely, managing information without cloud computing may lead to employees accidentally saving and using different versions of the same documents. This can add a lot of confusions and also dilute the data.
  5. Cost Savings– Once updated on the cloud, employees have easy access to the company’s data ensuring to save time and money in projects. Companies sometimes are also worried that they’ll end up paying for features that they neither need nor want. The truth is that most cloud computing services are pay-as-you-go which means that if they don’t take advantage of what the cloud has to offer, then they won’t have to spend money on it.

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