It may seem like the cloud has been around forever, but it’s still growing. Cloud computing started in the early 2000s with businesses setting aside online backups that eventually became platforms for all types of SaaS and cloud business computing applications. In fact, most businesses, about 69 percent according to International Data Group, are already on the cloud, using it for one application or another. Most companies find that the cloud cuts down on updates and security problems, while also allowing for more data collection and faster resolutions for customer issues.
So, what does the future hold for your business if you were using the cloud appropriately? Let’s take a look at some of the ways analysts think that the cloud will grow in the next few years.
Cost Savings Growth
Perhaps you don’t think that your business has the budget for complete cloud computing, but it’s actually advantageous in the long-term to get cloud software in place. This is because most businesses are already moving towards faster cloud applications. Your business may get left behind in the dust if you’re not using the latest applications available in your industry. It could be more difficult to get on the cloud when you’re losing money due to the competition being technologically advanced.
There are also a lot of enterprise style pay-as-you-go programs, and most cloud packages have come down in price. You may be able to replace parts of your system piece by piece as you have the budget and staff to manage that growth.
Cloud experts say that it’s all about how you plan to use your cloud database. You can hire experts to help you devise the perfect combination of virtual and physical databases that can scale with your budget and business size.
If you have a website, then you probably are already using the cloud for some applications. However, you may not be utilizing the most secure cloud databases. One major problem for any business is that there may be security loopholes in a cloud database, but that’s where strong antivirus protection comes into play. In fact, most businesses find that moving to the cloud allows them to protect their business almost to the point of it being a problem. For example, many industries have compliance issues due to the trends in cyber security. This is one reason why many medical practices are choosing to move towards cloud computing.
Let’s face it: the modern world is transitioning into a digital one. Everything is becoming faster with a need-it-now approach. In the workplace, many businesses are using the cloud to make it easier to automate processes and collaborate with other departments without physically needing to be in the same place. With so many people conducting business together from all over the world, it’s advantageous to move some business tools to the cloud.
It’s also about creating a backup of your business online. If something were to happen to your file storage, you can always trust that your backup will be able to restore your business almost instantly.
The control of information is important in this digital world. You want to be able to use your cloud distributed database to store and track information. This will give you insights into customer behaviors, business traffic, and revenue reports.