A Boon For Small And Medium Sized Businesses

In the past two to three years, we have seen a drastic increase in the number of companies availing cloud computing assignment services. Be it using some of the applications on their local machines or using some facilities on a remotely located server, most of the companies are using the facilities of the cloud in some fashion or the other.

In this article, we are going to take a quick look at what the cloud is and decipher how small and medium businesses all around the globe are prospering by using cloud computing.

What is Cloud Computing?

When it comes to cloud, we often fail to understand why and how it is a technological and business game-changer. The cloud is referred to as the software hosted on the web on different servers throughout the world.

The main characteristics of the cloud are:

1. Computing resources are on-demand and are available for self-service.
2. There’s no scope of human intervention.
3. Resources are accessible over a network from any location.
4. Cloud services are one type of measured service, meaning that the user pays for what is consumed.

9 Ways Cloud Computing Aids Small and Medium Sized Businesses

Cloud consists of three crucial layers, the IaaS (infrastructure as a service), the PaaS (Platform as a service), and the SaaS (Software as a service).

The principle of the IaaS is ‘Pay for what you allocate’. The PaaS denotes ‘Pay for what you use’, and the SaaS denotes a model that allows users to use different applications as hosted services.

Let us now look at the different reasons as to why small-sized companies love using cloud services.

1. Pay-per-use

Cloud’s facilities are pay-per-use, which indicates that the user pays for what he uses.

2. Reduction in the cost of creating an IT infrastructure

The cloud model significantly reduces the initial expenses of setting up an IT environment. With the help of the cloud, there’s no need to spend money on hardware and software and its maintenance.

3. Resource sharing

The resources can be accessed from and in multiple locations all over the world.

4. Elasticity

Resources are elastic, and you can get more as per your needs. Again, when you need less, you can scale down the requirements.

5. Upgraded collaboration

With the help of cloud computing, people from different parts of the world can access the same resources at any given time. This also boosts individual performances and efficiency of work.

6. Security of data

Data to a company is what blood is to human beings. Lost laptops and storage devices like HDDs or flash drives can incorporate huge losses to a business. However, when the data is stored on a cloud platform, there is no question of losing it.

7. Modern tools

Some modern tools and technologies have brought new life into the companies. One such tools that Software companies and small start-ups favour is Git.

With the help of Git, small, medium and large-sized software companies can maintain their code in unison. Other tools like Gdrive, Microsoft OneDrive also allow you to store files and work on them online, without letting the data get stored into your local machines.

Chrome OS, Linux, Linux Lite, Android, Fedora, Plan 9, Android-are some other open-source software developed for collaborative usage. Features such as enhanced security, virtual desktop access, integrated media player and Cloud-based management are sure to improve the business experience among the SMEs.

8. Easy scalability and control over files

Scaling up and down cloud services according to your need is a highlighting feature of the cloud. These features make the cloud an easy platform to store data where the user has complete control over them.

9. Improved flexibility

With cloud technology, businesses have found new and innovative ways to keep their work going on even when circumstances are unfavourable. During a pandemic, when the whole world is working from home, Cloud technology has made it possible for firms of all sizes to carry out work smoothly.

In conclusion,

Small-scale companies and start-ups have started using cloud services due to the many benefits that the technology comes with. There are even features of Google’s cloud that enables users to host websites for free with limited space for storage.

Owing to these benefits, we are going to see a huge surge of online businesses evolving and adapting to the cloud and then getting an increased profit margin in the near future.

Reference URl: https://blaberize.com/cloud-computing-a-boon-for-small-and-medium-sized-businesses/