Cloud computing has pervaded the IT industry in the last decade, with its success among enterprises increasing every year. Enterprises are keen to reap the benefits offered by the cloud, including increased efficiency and more cost savings involved in setting up infrastructure. Here are the top 12 benefits of cloud computing that benefit businesses.

Flexibility

Provide all enterprise teams with tools that each of them needs to deliver exceptional service to clients. The cloud platforms give immense flexibility in scaling storage spaces and budget up and down as required for business anytime, making it a cost-effective option.

Disaster Recovery

Recover your critical data from the cloud backup in case enterprise loses data to leaks or faults in infrastructure. While 20 percent of cloud users said to have activated disaster recovery in four hours or less, about 43 percent of IT executives planned to invest or enhance disaster recovery solutions through the cloud.

Automatic Software and security updates

With the cloud, the encryption of data being transmitted over networks makes information less accessible to hackers. Also the flexibility of setting security settings and quick updates also helps.

Capital – Expenditure Free

Easy access to cloud saves time and money. The pay-as-you-go system applies to storage space to attend to clients, thus avoiding charges for any space that you don’t use. Half of all IT leaders surveyed by Bitglass, reported cost savings using cloud-based applications in 2015. No capital expenditure at all!

Increased Collaboration

Cloud computing makes collaboration easier as team members can share information securely and connect employees across your organization boosting interest and engagement.

 Work from anywhere

With a cloud system, one can work from anywhere. With the mobile proliferation in enterprises, one can work and collaborate through the centralized cloud system that only allows access to authenticated users

Flexible Capacity

With pay-as-you-go model of storage space allocation, one can adjust space for information and systems flexibly as one requires it to be. 65% of respondents in an InformationWeek survey revealed the cloud’s ability to quickly meet business demands was why businesses chose the platform for business.

Security

RapidScale indicates 94% saw improvement in security and 91% said cloud makes it easier to meet government compliance requirements. A cloud host’s job is to monitor security consistently, which is more efficient than any other in-house system. It also safeguards against internal data theft, especially those perpetrated by employees.

Competitive Edge

A recent Verizon study indicated 77% of businesses attribute competitive advantage with cloud technology while 16 percent believe it to be quite “significant.”If you implement a cloud-based solution, your organization will be farther up the learning curve by the time other competitors catch up.

Sustainability

Pike Research report stated that data center energy consumption will decrease by 31 percent during this decade of 2020 due to cloud computing adoption along with other virtual data options.  Cloud computing supports environmental proactivity and virtual services, thus cutting down on paper waste, and enhancing energy efficiency

Improved Project Monitoring

One can preside over projects being handled across the world due to the projects being hosted on the cloud. The project can be monitored with maximum efficiency through cloud hosting and computing.

Document Control

Many authenticated users can access documents anytime, working on them simultaneously too as required. The amount of control given to the user can be set on role-based accessibility measures.