Cloud-based IT Solutions: How Can They Benefit Your Business?

Businesses choose cloud computing over traditional on-premises and local hosting for data storage, processing, and collaboration.

Data and applications can be accessed and stored online instead of on hard drives with cloud computing. With cloud computing, you can edit and collaborate on documents on Google Docs, store files on Dropbox or Google Drive, communicate with colleagues using project management tools, and manage sales through online CRM software.

The market for cloud software has overtaken that for on-premise software, according to various tech reports. On-premise software accounts for 22 percent of cloud spend, while cloud solutions account for 25 percent. 

A 24 percent increase in cloud workloads is expected in 2023. According to a recent survey, 94 percent of businesses use the cloud. There are 91 percent of companies that use public cloud solutions and 72 percent that use private cloud solutions.

Why?

Cloud services led to an average improvement of 20.66% in time to market for companies that adopted them.

There was also an average 18.80% improvement in process efficiency, and a 15.07% reduction in IT spending among those companies. Together, these benefits increased company growth by 19.63%.

The different types of cloud services available will help you understand the benefits of using cloud solutions.

There are typically two types of cloud computing: deployment models and as-a-service. Based on deployment, there are three types of clouds: public, private, and hybrid. 

There are several service types you might be familiar with, such as Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), or Infrastructure-as-a-Service (IaaS). 

Here’s a closer look at each.

Software-as-a-Service (SaaS)

Software as a service is offered over the internet by a third party. Among the most common examples are Google Apps, etc. Out-of-the-box SaaS solutions are ready to use and meet specific business requirements. There are many SaaS platforms that focus on customer relationship management, marketing automation, or agreement management. SaaS is cost-effective, and user-friendly. 

Platform-as-a-Service (PaaS)

Platform as a Service offers a complete development and deployment environment in the cloud. Cloud-based apps and sophisticated enterprise applications are both possible with the resources within. An internet connection is used to access resources purchased on a pay-as-you-go basis through a cloud service provider. PaaS services include Microsoft Azure and Google App Engine, for example. Simple, cost-effective development and deployment are what you can say about the benefits of leveraging the PaaS model.  

Infrastructure-as-a-Service (IaaS)

IaaS provides computing infrastructure as its name suggests. Virtual machines, content delivery networks, monitoring, firewalls, storage, backups, databases, identity and access management, integration, block storage, IP addresses, and other resources are included in 

this category. Hosting your website through a service provider like WP Engine, GoDaddy or Dreamhost is an example of Infrastructure-as-a-Service.

In addition to being an affordable option, cloud IT infrastructure offers a wide range of benefits for startups, scaling companies, and businesses looking to test new ideas before investing heavily. Rather than spending resources on managing and maintaining IT infrastructure, your team can focus on core business objectives by utilizing the IaaS model.

Still Not Sure Whether To Leverage The Cloud To Accelerate Business Growth Or Not? 

The cloud drives business acceleration for 87% of IT professionals across 1,000 organizations. Cloud computing is credited with 41% of business growth, while 30% have launched new products, shortened time to market, and expanded geographically. See below more benefits.  

• Cloud services are highly scalable
• Most small and midsize businesses cannot protect their infrastructure and data like cloud service providers.
• Cloud services give more efficient work collaboration. The ability to collaborate in the cloud and mingle across geographical or organizational borders is becoming a critical part of business success.
• Cloud technology helps increase productivity because employees are able to take their work with them and work when they feel most productive. 

Whether it’s consumers or major organizations, cloud-based services are everywhere these days. Cloud-based services provide them with convenience and security, which is why they are moving to them. As a result, quite a few small and medium businesses are not taking advantage of cloud computing to its full potential.

At 403Tech, we offer cloud services to small and medium businesses. Even small & medium businesses can benefit from cloud computing, regardless of their size. Small and medium businesses can benefit most from cloud computing, as it eliminates issues with total cost of ownership for hardware.

Our cloud services that include cloud spam filtering, cloud backup, cloud antivirus, cloud phone systems, cloud email, cloud document management, and cloud security can be scaled up or down to suit the needs of small & medium businesses at 403Tech. We guarantee that our clients will only pay for what they need, nothing more and nothing less. In addition, our clients will pay only a fraction of what it would cost to own the necessary infrastructure and hire the necessary staff.

For more information or to schedule a consultation, contact 403Tech via email or phone. We are one of the Top 50 Managed IT services companies in Canada.