Cloud Computing: How Your Business Can Profit

Cloud Computing: How Your Business Can Profit

Cloud computing has grown significantly over the past decade, but some businesses are still failing to fully capitalise on the potential it offers. In particular, aside from the level of convenience it can provide, taking full advantage of the cloud can help you to streamline operations and save money over both the short and long term.

In this article, we explore the concept in more detail and examine precisely how your business can financially benefit from working with a managed service provider (MSP) offering the right range of cloud services.

Infrastructure and Hardware

One of the biggest areas where businesses can potentially save money through cloud services is through cloud-based IT infrastructure services. As an article for Technology Advice highlights, the costs of purchasing new in-house equipment can be extremely high, especially in businesses that are growing rapidly.

By working with an MSP who can provide off-site cloud computing, it becomes much easier to upscale your requirements to fit with business growth, and this can be much more affordable than purchasing new equipment.

Additionally, more of the work will be carried out off-site by your MSP and this can include maintenance work and troubleshooting too. This presents your business with an opportunity to save on what might otherwise be significant labour costs associated with employing IT staff to handle these things in-house.

On top of this, it is also worth factoring in other areas where this may allow you to save money. For instance, the more infrastructure and hardware that is managed off-site, the less office space you need.

Cloud Storage Solutions

Another area where cloud services can help to save your business money is with regards to data storage.

Again, the alternative to using cloud services is to have a data centre managed in-house and on your premises. Depending on the size of your business and the amount of data you handle, this could take up a lot of space and it will also require experienced staff. By using cloud services, many of these issues are passed on to the vendor instead.

However, beyond this, storing data in the cloud can also be a money-saver in other ways too, with one of the most significant being with regards to disaster recovery and business continuity. This is especially important as businesses are at an ever-growing risk of experiencing cyber attacks or suffering data losses in other ways.

If you keep your data on-site and suffer physical damage to your data centre, you risk experiencing a major data loss, which can be extremely difficult and costly to recover from. By contrast, the recovery process when you have data saved on the cloud can be extremely quick, especially when working with an experienced managed service provider.

Software-as-a-Service (SaaS)

Finally, another key area where the cloud can benefit businesses financially is through software-as-a-service (SaaS) solutions, which effectively serve as on demand software packages. Examples of these include Microsoft Office 365, Google Apps, and Amazon Web Services.

These services operate using a pay-as-you-go pricing model, meaning you will only pay for the services you actually use. Your subscription to these services can be cancelled if you move away from using them and you do not need to make a large initial investment in purchasing the software and then installing it on your devices.

As a FolderIt blog post highlights, by outsourcing your core software to a third-party, such as a managed service provider, and using the cloud effectively, you can potentially save on many of the costs associated with the initial setup process, while also saving on any requirements to fix software issues or keep software updated.

All of these benefits, combined, can also allow you to cope with fewer in-house IT staff dedicated to these tasks.

The Last Word

At Fifosys, we have offered managed services for businesses in London and the surrounding area since 2001. We recognised the potential for off-site cloud-based solutions all the way back in 2006, before 'the cloud' was a widely used term and we have continued to stay up-to-date with the latest trends.

As a result, we have the expertise and experience required to assist you with your cloud needs, whether that means help with Microsoft Office 365 deployment, or backing up data regularly so that you can keep your business running.

James Moss

Technical Director

James Moss