Last time on the Data UP Blog, we defined Cloud computing and differentiated between public, private and hybrid versions.

This week, we’ll be looking at the benefits of Cloud Solutions.

Cost efficiency
Traditional infrastructure can be costly, with licensing fees required for multiple users a significant financial burden on an organisation. In comparison, Cloud computing is efficient and cost effective to use, maintain and upgrade. With the Cloud, there is no capital expenditure outlay, and most services have a pay-as-you-go structure. Usage rates are also increasingly cheaper as more providers enter the market. Price wars between public Cloud giants like Amazon and Microsoft drive costs down, resulting in lower rates for users. With more Data Centres in Australia being built, private Cloud options have also become cheaper.

Storage scalability
Storing information in the Cloud gives users access to almost unlimited storage capacity. This alleviates the burden on physical, onsite storage. Users only pay for the server space they require, with the ability to scale up or down as needed. If additional storage is required or portions are unused, for instance, users can simply modify their plan.

Backup and recovery
Data stored in the Cloud is able to be backed up and recovered more easily than on a physical device. Cloud providers also handle any issues that arise, alleviating the need for complex disaster recovery plans.

Automatic software integration
Software integration generally occurs automatically in the Cloud. Therefore, organisations do not need to make additional effort to integrate applications as this is done as required. This frees up internal resources and time for other purposes. Further, the ability to select which updates are integrated allows you customise your preferences to suit the needs of the organisation.

Access to information and flexibility
Information stored in the Cloud is able to be accessed anywhere, anytime, as long as users have an internet connection. This increases workforce flexibility and mobility, as users are not required to be physically present onsite. For instance, if working on a project across different locations, Cloud computing would enable access by all those involved. Collaboration with those in different geographic areas and time zones is also further facilitated by the Cloud, as users are able to work on documents and within apps simultaneously.

Quick deployment
Once a Cloud solution is adopted, it is able to be deployed relatively quickly. Data can be transferred to the Cloud with little delay. The time taken will depend on the technology needs of the business.

Stay tuned for our next post as we go through some common drawbacks and how to mitigate their potential impact.

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