Cloud storage is a service where data is remotely maintained, managed, and backed up. The service allows the users to store files online, so that they can access them from any location via the Internet. There is no doubt that businesses can reap huge benefits from cloud computing.

A recent survey showed that the 800 business owner around the world that uses high cloud adoption has doubled in the last few years and by 2017. Now, it is high time to understand the advantages of cloud computing for your business courtesy of Netsuite:

1. Flexibility

Cloud-based services are ideal for businesses with growing or fluctuating bandwidth demands. If your needs increase it’s easy to scale up your cloud capacity, drawing on the service’s remote servers. Likewise, if you need to scale down again, the flexibility is baked into the service. This level of agility can give businesses using cloud computing a real advantage over competitors.

2. Cost Savings

Perhaps, the most significant cloud computing benefit is in terms of IT cost savings. Businesses, no matter what their type or size, exist to earn money while keeping capital and operational expenses to a minimum. With cloud computing, you can save substantial capital costs with zero in-house server storage and application requirements. The lack of on-premises infrastructure also removes their associated operational costs in the form of power, air conditioning and administration costs. You pay for what is used and disengage whenever you like – there is no invested IT capital to worry about.

3. Improved Mobility

Data and applications are available to employees no matter where they are in the world. Workers can take their work anywhere via smart phones and tablets—roaming through a retail store to check customers out, visiting customers in their homes or offices, working in the field, and more.

4. Disaster Recovery

It is highly recommended that businesses have an emergency backup plan ready in the case of an emergency. Cloud storage can be used as a back‐up plan by businesses by providing a second copy of important files. These files are stored at a remote location and can be accessed through an internet connection.

5. Almost Unlimited Storage

Storing information in the cloud gives you almost unlimited storage capacity. Hence, you no more need to worry about running out of storage space or increasing your current storage space availability.

6. Automatic Software Updates

The beauty of cloud computing is that the servers are off-premise, out of sight and out of your hair. Suppliers take care of them for you and roll out regular software updates – including security updates – so you don’t have to worry about wasting time maintaining the system yourself. Leaving you free to focus on the things that matter, like growing your business.

7. Reliability

With a managed service platform, cloud computing is much more reliable and consistent than in-house IT infrastructure. Most providers offer a Service Level Agreement which guarantees 24/7/365 and 99.99 percent availability. Your organization can benefit from a massive pool of redundant IT resources, as well as quick failover mechanism – if a server fails, hosted applications and services can easily be transited to any of the available servers.

8. Quick Deployment

Lastly and most importantly, cloud computing gives you the advantage of quick deployment. Once you opt for this method of functioning, your entire system can be fully functional in a matter of a few minutes. Of course, the amount of time taken here will depend on the exact kind of technology that you need for your business.

9. Less Environmental Impact

With fewer data centers worldwide and more efficient operations, we are collectively having less of an impact on the environment. Companies who use shared resources improve their ‘green’ credentials.

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