When you’re trying to remain competitive in a modern business world, you need to use technology to your advantage. One service that’s become exceedingly popular among businesses is the cloud. As a virtual storage space that allows you to work from anywhere, the cloud will accommodate around 67% of enterprise processes by 2020. If you want to learn more about how it could work for you, it’s time to explore some of the ways it can help you stay competitive.
Leverage flexible working
In not-so-distant memory, flexible working was a dream for most people. Thanks to technologies such as the cloud, it’s now a reality.
Flexible working allows your employees to occasionally work from home. It also gives them the chance to work while they’re on the road, such as at conferences and during business trips. Using the cloud, your employees in the office can liaise with their colleagues on the road.
If you’re wondering why flexible working is advantageous, it’s worth considering how it could make your employees more productive. When you allow employees to occasionally work from home, they cut out their commute. In many cases, employees are more refreshed and can become more productive as a result. By introducing a flexible working policy, you may attract a higher caliber of employees who make your business more competitive.
Save money and increase efficiencies
As your business fluctuates or grows, so will your IT requirements. In the past, periods of growth would command higher spending on hard disk drives. Thanks to the cloud, that’s no longer an issue.
Using the cloud, you can increase and decrease your storage in line with changes to your business. As a result, you won’t waste money on a larger hard disk drive that then becomes redundant. You’ll also spend less on maintaining said drives as the cloud is virtual.
Reduce business downtime
Most businesses will face periods of downtime at some stage. Unfortunately, each day your business is down is a day where you’re losing profit. If you store your data primarily on hard drives, you’re at risk of damaging your reputation too.
When most of your business processes are stored in the cloud, you can maintain some of your usual business processes and reduce financial losses. On average, business downtime costs $5,600 per minute. Being able to reduce those losses gives you the chance to invest that money elsewhere. At the same time, you’ll minimize the risk of damaging your reputation.
Increase data security
Like many business owners, you probably understand how much trust your customers place in you. They presume that you’re keeping their data safe, but can you be sure it’s as safe as they’re expecting?
Depending on the type of cloud service you use, you could strengthen your business’s data safety. Many cloud services offer ultra-strong encryption, which is incredibly difficult for hackers to penetrate. When you can promote this safety to your customers and clients, they may feel more comfortable using you over your competitors.
From safer data storage to saving money, there are lots of ways to become more competitive while using cloud services. If you’re ready to make the leap, it’s time for you to find a dependable service provider who can meet your business’s needs.