7 Key Benefits of Cloud-based Solutions for Businesses
For everything from customer service to cybersecurity, new and existing businesses are shifting to cloud-based technology to satisfy their needs in a rapidly evolving digital environment. Cloud computing, in combination with emerging technologies like Machine Learning and Artificial intelligence, has given rise to a wave of smart, reliable, fast and secure business solutions in recent years. Often more cost-effective and flexible than on-premise software, cloud technologies are allowing SMEs to remain competitive and able to adapt quickly in the current climate.
1. Reduced IT & Support Costs
Cloud-based business infrastructure and services are often more cost-effective than on-premise installations. Elements such as system upgrades are often covered in your contract or subscription and rarely require the support of additional IT staff. On-premise software and hardware, on the other hand, requires on-site maintenance, which inevitably means paying for expert IT staff, alongside the increased cost of additional energy consumption of on-site servers. According to IBM’s Cheif Technology Officer, cloud computing reduces IT labour costs by 50%.
2. Flexibility & Mobility
Cloud computing allows employees to access the data and software required from their commute, from the office, from home and practically anywhere else where they have a connection to the internet (and often on any device). Staff can remain productive on-the-go, able to carry on working no matter where they are in the world. This has many obvious benefits for both businesses and employees alike who are no longer bound to their desk in order to carry out quality work. In fact, recent studies have shown that employees are not only able to sleep better and eat healthier when working remotely, they are also more willing to work longer hours to complete tasks.
3. Automatic Updates
Cloud technology grants users access to software that is updated automatically, meaning more often than not you are running the very latest, up-to-date versions of the service/solution you require. The additional and often overlooked benefit of this is that if the company providing the Software-as-a-Service or cloud solution updates their servers, for example, everyone using the service instantly benefits from increased speed and reliability without having to change anything about their own internal IT infrastructure. A study by PC World mentions that 50% of cloud adopters required fewer internal resources.
With an ever-growing emphasis on data security, especially for businesses that operate within the EU under the GDPR, people are turning to cloud-based solutions to satisfy their businesses’ needs to comply with strict regulations. Protecting personally identifiable, sensitive and financial information is key in the modern world as data leaks can often prove devastating to customers, businesses and their reputations. The most trusted cloud-based solutions offer robust security, making use of cutting-edge security protocols.
Many Software-as-a-Service applications require multi-factor user verification and use the highest levels of advanced encryption to do just that. What’s more is that yourself, as a business or employee, rarely (if ever) need to become involved in the security element of your computing as cloud-technology ensures that this is already taken care of – in fact, 94% of businesses (in research from Salesforce) claimed that they saw an improvement in data security after switching to the cloud, with 91% claiming that cloud computing makes meeting government compliance requirements easier.
Access to cloud technology services means that your business can quickly scale up or scale down services based on their changing requirements. Many cloud-based services provide increasingly intuitive central administration areas where things like storage space, user accounts, access to premium features etc. can be customised and administered at the push of a button. Companies no longer need to physically adapt their IT infrastructure to account for changes to their workforce or services, as would usually be the case with many on-premise solutions.
This might well be an element that’s overlooked by most; switching to cloud-based computing actually eliminates a great deal of waste and pollution associated with the disposal of physical equipment and office supplies such as ink, paper, hard drives, tapes etc. Along with your property ultimately consuming less energy, switching to cloud-based technology can aid your business in becoming more environmentally friendly. In fact, statistics show that businesses who adopt cloud-based technology can save up to 90% in energy costs.
7. Free from Commitment
With a cloud-based software service, business owners are free to stop using it at any time (depending on the type subscription/contract). This model of paying for what you need for as long as you need it often presents an attractive alternative to businesses who are reluctant to pay large sums for on-premise software licenses. What’s more, many cloud-based services offer free trial periods of the software which gives the business owner further peace of mind in implementing a new solution.
Looking at moving your voice to the cloud? Look no further – our team specialises in cloud-based voice technology solutions for your business. Take advantage of cutting edge speech recognition and fully secure dictation workflow solutions. Take the strain away from your on-site infrastructure and learn more about our fully scaleable services. Give us a call on 0121 456 7800 or visit us online at Speechproducts.co.uk to learn more…