The benefits of cloud computing are immense and this explains the increasing popularity of the idea with increasing number of businesses and individual clients opting for this alternative. Cloud computing allows clients to save cost and work from any location across the globe as long as there is a computer connected to the internet. These are just some of the many benefits associated with using cloud computing as briefly detailed below.
Minimal Capital Investment
This is one of the benefits that have helped in increasing the popularity of cloud computing and some people rank it as the most important of them all. The cost involved in maintaining and integrating the different IT services and features is greatly reduced with cloud computing due to the nature of the concept.
While this feature helps big corporations cut down on their cost, small and medium enterprises also get to enjoy the facilities and services that would not have previously being possible.
Offering services over the cloud allows companies to host their services and product, enabling faster and easier delivery. This feature allows companies to benefit from services that have been fully customized to them, which ordinarily might have not been possible.
Fast Acquisition and Deployment
As the concept of cloud computing allows users to work using software over a web connection, the manual installation of software application that could take ages to complete is taken out of the picture.
Once the user gains access to the software via the cloud, work can commence and deployment times reduced significantly.
Due to the nature of clouding, users are able to scale the services required depending on what your business needs for a smooth and effective operation. This allows for expansion depending on the situation at hand without the usual stress and inconveniences that come with such strategic decision.
Reduction in Cost of Operation
This benefit is particularly due to the lack of capital investment when using cloud computing. Such expenses as the cost of maintaining the system are the responsibility of the company providing the clouding service, relieving the business of the cost of operating the system as it is hosted and maintained by someone else.
One of the major factors that inhibit competition is funding as smaller businesses struggle to cope with the cost involved in expansion and development of new products that are able to compete with the bigger corporation. With the cost of operations significantly reduced using cloud computing, smaller businesses have more money to play around with and are also able to enjoy the same facilities and opportunities available to the big boys of the industry.
This benefit subsequently motivates startups and increase the number of IT firms and the competition in that industry, fostering the growth of the industry.
This is another very beneficial feature of cloud computing that subscribers enjoy as they are almost guaranteed of the safety and security of their data especially in cases of system breakdown or theft. The importance of data to the operations of the business cannot be overemphasized and the best way to ensure the safety, security, and easy accessibility of data is to have it in the cloud.
The benefits of cloud computing are not only to the clients or users as the service providers also have some features to enjoy. Some of these benefits are briefly highlighted below.
As a cloud computing service provider, different clients and users demand for different types of applications and features at different times and of diverse volumes. This allows for optimal usage of your system as the hardware load is distributed in different ways and varying times.
Economies of Scale
Cost-effectiveness in cloud computing is not only applicable to the users as the concept of economies of scale applies to the service providers too. This is as a result of the reduction in the cost incurred per unit of service provided as the number of clients and their demands grow. While fixed costs might be high due to the setup cost, the marginal cost of operating the business reduces as the business grows.
Cloud computing allows for flexibility on the part of the user and service providers as it works on virtual servers and not physical servers. This allows the service provider to shed load to other servers when the load gets too much for a particular set. On the other hand, there is the possibility of shifting the load to a few servers if the load is light, putting the other servers to rest for the time being.