What is Cloud Computing? – Facts Every Small Sized Business Should Know

It takes great flexibility in order to run and sustain a growing business. Thanks to new developments in technology, e-commerce solutions, and more advanced software options, business owners have a way to control all aspects of their organization and operations. Just the same, vigilance must be practiced as the needs of the market change and as more challenges arise in running the business.

Greater growth often entails greater operational demands for a business. This is why it is important to invest in technologies that can help you organize and manage each aspect of the business efficiently. Cloud-based technology is the way of the future as cloud computing platforms provide business owners and managers unparalleled control over different aspects and components of business, enabling different business functions to intermingle with each other in one cohesive system and interface that allows access anytime and from anywhere. Here are the key facts that business owners should know about cloud computing and cloud adoption:

1. Cloud software systems are easier to set-up and install (as well as deploy) than many on-premise alternatives.
2. At least three quarters of cloud services are enterprise-based or are built for enterprise.
3. Cloud adoption has steadily been increasing since 2015, and a mass transition can be expected in the years to come.
4. One of the key motivators for cloud adoption is cost reduction.
5. Innovation is another key factor for businesses that decide to switch to cloud systems.
6. More and more small businesses now turn to cloud computing for file back-up, risk reduction, and disaster recovery.
7. More end users approve of cloud computing and are getting more accustomed to cloud services.
8. Cloud computing facilitates efficient and reliable real-time collaboration.
9. Software updates that improve functionality and security are possible with minimal cost through cloud computing.
10. Cloud computing helps simplify ERP and CRM customization.

Making yourself aware of these facts and benefits will help you better understand why cloud computing is a worthwhile investment for your business and why cloud adoption could very well be the best decision you will make for your own company.