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Cloud Computing Trends & Benefits

Cloud computing is one of the most important innovations affecting digital companies today. Without doubt, cloud computing will change the way that people build their corporate reputations.

Digital Transformation and Cloud Services

The latest trends in digital transformation largely revolve around the use of cloud technology. Powering everything from remote working to collaborative apps, cloud services provide companies with essential capabilities during this time of evolution. Through cloud-based technologies, you can make your IT systems more cost-effective than ever. Although cloud computing might be an innovation, this type of data technology is also a known quantity. Across many industries, CEOs and administrators have achieved distinction by adopting new technologies in a timely fashion. Here are some of the top benefits that you can realize if you exploit trending cloud services.

1. Improved Scalability

Organizations of all kinds must manage their resources as they scale up their operations. If you’re ready to scale up at a moment’s notice, you can react quickly to changes in the market. Generally speaking, cloud providers make it easy to ramp up bandwidth fast whenever necessary. Traditionally, scaling up entailed making a massive investment in infrastructure. Digitally scalable technologies tend to have low overhead costs.
Netflix provides a good example of the importance of scalability. When Netflix adopted Amazon Web Services back in 2008, they couldn’t have foreseen what their future would hold. Today, Netflix is moving beyond the restrictions of a technology startup and becoming a true media mogul. Cloud migration provided Netflix with the data services it needed to chart its course to the top.

2. Reducing Hardware Costs

Modern digital services enable you to reduce your overall hardware costs.. Virtual servers are among the most useful digitized services in use today. If your company is growing fast, you should look into using a virtual private server (VPS) to host your online business needs. Signing on with a VPS is one of the fastest ways you can push your company’s connectivity to the next level. Which type your company needs depends on capacity and secure needs. Research VPS vs shared hosting to compare costs, security, and managed services the hosting provider offers to determine true cost and capabilities. VPS has higher performance than shared hosting, but they are still limited by the assigned hardware. According to Joe Oesterling, Chief Technology Officer at Liquid Web, “there is a performance tax on the hardware when running in a visualized setup. However, this tax has become smaller over time and provides more comparable performance levels to dedicated servers.”

3. Updates and Security

When it comes to business software, staying up to date is of the utmost importance. Missing even one update or product can expose you to a broad variety of security threats. Every day, the public learns about massive new security breaches. You’ll want to let your customers know you are keeping their identities safe. As a part of your customer appreciation initiative, highlight any efforts your company has taken to improve data security. Only companies digitally transformed for the cloud are fully able to withstand modern security challenges.
When you take advantage of cloud services this way, you gain the security you need to expand your operations in a profitable manner. If keeping customers happy and growing your bottom line is absolutely essential for, embracing cloud computing in 2021 can help reach your business goals.