Companies in the second decade of the 21st century face major advantages over those attempting to gain a foothold and grow in previous decades. What was once done in-house can now be outsourced to other service providers, but crucially, still with your business’ employees undertaking much of the work. It is now possible, thanks to cloud computing to use affordable, scalable, and cost-efficient infrastructure, software, platforms, storage, and other cloud services.

1. IaaS – Scalable Infrastructure

Infrastructure as a Service or IaaS creates a virtualized company infrastructure online using a range of online services and applications. These start with basic team communication tools such as Slack and organization tools like Trello, then move on to more complicated services. The best part of IaaS is that it is only ever what the company requires and can afford at the time. If done in-house, there would be huge overheads to deal with if the company went through a lean period, but online, scaling back is easy and cost efficient.

2. Big Data & Analytics

Only the largest of companies can afford to build the infrastructure and hire the employees to process big data; especially if combined with IoT products. Cloud computing data services allow for someone else to build the infrastructure and to process the data for you. This lets your business concentrate on picking data, generating reports, and analyzing the results for the betterment of your business.

3. Storage, Security, & Disaster Recovery

The best cloud computing services available provide their clients with unlimited storage using supercomputers. In addition to this, information is secured by full backups, double entry security, and encrypted data protection. Those with permission can access this information anywhere and on any device.

4. SaaS – Applications

According to IBM, software as a service or SaaS is the most popular way companies leverage cloud services. Currently, 21% of all software used by companies is delivered via the cloud and this percentage is expected to grow. These applications include CRM, ERP, HR, email, and much more.

5. PaaS – Testing and Development

For growing businesses, creating your own application testing software can be expensive if you quite sensibly want to avoid testing on your existing production infrastructure. Good cloud computing services offer the ability to create the perfect sandbox environments on an ad hoc basis – you pay for it when you need it, which allows you to test applications, software updates, and new products securely and in a cost effective manner.

6. Communication & Information Sharing

The larger an organization, the more difficult it is for employees and management to communicate. When cloud data and systems are organized well and permissions are arranged, it is easy for people to instantly access information posted into the correct areas. This could, for example, be an image finished by the design team which can then be accessed by other departments such as marketing or it could be real-time sales data to help in the field Reps make better pitches.

This is another contribution from business and financial freelance writer Jenny Holt.

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