What is Cloud Computing for SMBs?

As businesses continue to evolve into the digital age, they are beginning to approach the world of cloud computing with ease. It’s a need of an hour given that cloud applications will become ubiquitous in the digitally dominated world.

By recognizing the presence of cloud technology, CEOs can now make better decisions when it comes to choosing IT infrastructures and migrating to the cloud.

For example: Let’s start by understanding how Apple iCloud works.

iCloud is Apple’s cloud computing solution for its users around the world. iCloud service securely stores your photos, passwords, files, notes and other important data in the cloud.

If you have multiple Apple products, the apps you use on both Mac OS X and Apple iOS connect to your iCloud space and store and update your data there.

What is cloud computing?

Has your website ever suffered a cyberattack? Have you ever lost your critical data, important files and software? If so, the solution to all data storage problems is cloud computing.

In simple termscloud computing is the provision of IT services (IT infrastructure) including – servers, databases, software, networks and analytics over the internet to offer your innovation and flexible resources.

Basically, cloud services manage your entire IT infrastructure. You only pay for the cloud services you use, helping you reduce operating costs and adapt to changing business needs.

According to the latest estimates, the global cloud computing market will grow by $461 billion by the end of 2025. Reports indicate that 53% of SMEs spend more than $1.2 million a year on cloud computing, making the most of cloud technology.

Why Cloud for Small Businesses (SMBs)?

As cloud computing gains momentum, it saves small businesses a lot of time and money by improving collaboration, productivity, and innovation. Here are other benefits that businesses can take advantage of cloud computing solutions:

1. Simple and smooth data backup

Unexpected data loss cannot be escaped. This can happen as a result of power surges, natural disasters, or hardware failures. Undoubtedly, most businesses have data backup plans and it’s always helpful to have a contingency plan in place.

This is where cloud computing comes to the rescue to store important data and files. Business owners can focus on other critical issues knowing that even if hardware fails, data will be safe.

2. High data accessibility

Cloud computing stores data on the internet so you can access information anywhere with any compatible device. For instance; you use Google Drive and access all the files stored on your drive and get the job done. Isn’t that super convenient? Well, that’s exactly what the cloud helps you accomplish.

3. Cost savings

Buying and maintaining server equipment requires a lot of time, money and knowledge. So, instead of developing a custom server, a cloud service provider keeps your data safe. It would be a monthly expense, but it’s manageable.

4. Improved consistency between users

Goof Ups can easily happen when multiple people are working on the same digital file. Because files hosted in the cloud exist in the same central location, data is properly synced between all devices. This means that all specialists use the updated version of the files.

What are the challenges of Cloud Computing?

With many benefits of implementing cloud computing in SMBs, cloud computing has come a long way. It is undoubtedly an extension of today’s digitized business processes. However, there are a few challenges that require the attention of tech experts and need to be taken care of.

Let’s start.

1. Password Security

Anyone who hacks into your cloud will have access to your privately stored data. Here, the cloud service provider should use multiple password authentications and ensure that the passwords remain safe from third-party attacks.

2. Compliance issues

Maintaining compliance is another issue you are skeptical about. Compliance is a specific set of rules about what data should be kept internally and what should be moved to balance compliance.

3. Commercial performance

When your business applications migrate to a cloud or a third-party service provider, your business functions ultimately depend a lot on your cloud computing company. So, make sure you invest in a reliable and credible service provider.

What is the best solution ?

Many small businesses have tackled and solved the challenges of cloud computing. Sooner or later, cloud computing will become a widely accepted technology trend. And the kind of solidarity that Business Intelligence (BI) and the cloud share is indispensable.

BI distributes accurate information to people while the cloud acts as a bridge to enable access to BI applications.

The perfect solution that can boost your business growth is AWS Smart Business. Using software from AWS Cloud and AWS Marketplace, you can achieve your IT goals.

Whether you’re trying to generate new leads, track audience insights, streamline your business processes, or make your IT environment more secure. AWS by Amazon is your next breakthrough software to mitigate all data storage risks and skyrocket your business growth.

Conclusion

It’s time to harness the immense potential of cloud computing and channel it rightly into growing your business. No wonder, your IT system is at the heart of your digital transformation. Additionally, the longevity and sustainability of your small business is highly dependent on the scalability of the IT infrastructure.

So choose your cloud service provider wisely, research the compliance policies they follow, and that they have a solid plan to tackle vulnerabilities. The future of the cloud is bright, so invest now to prepare for tomorrow’s digital data challenges.

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Sherry J. Basler