Are you considering switching your startup to cloud computing? Well, you aren’t alone. The solution has become synonymous with efficiency in a lot of companies.
In fact, according to Statista, by the end of 2022, the global public cloud computing market is expected to reach an estimated $397 billion because more and more companies are moving to public cloud servers. Another independent study by Skyhigh Cloud Adoption revealed that, on average, an employee uses over 36 cloud-based services!
If you think that the process of transferring all your data to cloud storage and using one of the many cloud computing solutions available is too much for your struggling startup to handle, think again.
Top Reasons Why your Startups Need Cloud Computing
The benefits of switching to cloud computing outweigh the challenges of adopting it. Here are the top reasons why your startup needs cloud computing.
1. It reduces your cost
According to survey, the cost of running a data center for data storage can cost a given company between 10 to 15 million USD every year! That is an enormous amount and significantly more than what a startup can manage.
Why is running a data center so costly? While cloud computing merely involves signing up for a given amount of space followed by uploading all data on the cloud platform, the process of establishing and maintaining a data center is quite complicated.
For starters, you must begin by purchasing the right type of equipment. Then, you need to recruit expert technicians to install and manage the data center. Not to mention that while running a data center involves a persistent fixed cost, the same is not the case with cloud computing.
Here, service providers charge depending on the storage, features, and number of users you wish for. Therefore, you are free to select a package that is aligned with your storage and budgetary needs, making the solution ideal for small and big enterprises.
The same is true for purchasing software. It is a long and costly process. Comparatively, virtually using an application via cloud computing without purchasing its license saves a lot of money.
In addition to the complexities and costs associated with running a traditional data center, cloud computing offers a cost-effective alternative. One notable example is Cloud-based data remedies by Dataknox. This service provides businesses with access to data storage, processing, and management solutions without the need to invest in physical infrastructure or extensive software licenses. By opting for cloud-based services, such as those offered by DataKnox, companies can scale resources as needed, reduce upfront expenses, and focus on core operations rather than maintaining a costly data center.
2. It offers accessible and sharable data
While your employees may not appreciate the sheer amount of accessibility that cloud computing provides, the solution is excellent for startups where connectivity to work at all times is always a plus.
Regardless of what device you are using, where you are, or what time of the day it is, cloud computing solutions allow employees to access company data easily. When you consider the fact that according to Statista, the global mobile cloud data is increasing with every passing year, this feature of cloud computing seems to be of utmost importance.
Also, it helps in providing visibility to all company information, thereby ensuring that you don’t have to wait for a given department or co-worker to find a document; you can just do it yourself.
For starters, efficiently categorizing and sharing data on OneDrive can mean that the HR policies of a company can be accessed directly by employees rather than having them reach out to HR personnel for basic queries.
3. It gives you the freedom to innovate
As a startup, there is just too much to be done. And while you may think that your product development team is at the crux of it all, you cannot deny the necessity of having a solid IT team. In fact, the responsibilities of an IT department help a business in reaching its annual growth goals.
Well, your IT is responsible for the smooth working of your website, which is likely to be one of the most important mediums to communicate with your target audience. The more software and technology they explore and learn, the more futuristic your startup will be.
Switching to cloud computing gives different teams within a company a chance to innovate and learn.
Rather than limiting your IT team and entangling them within the web of data centers, cloud computing gives access to the resources that can be used to thrive.
Cloud computing has allowed teams within companies to easily detect and leverage new opportunities that the world of technology offers.
4. Excellent chances of scalability
Let’s say you first begin with getting 40 visitors on your website every day. You start investing in content creation and SEO, which boost your website traffic to 500 a day. The chances are that your conventional website hosting seems ideal for you till this point.
Suddenly, one day, an influencer happens to come across your website and subsequently gives it a shout-out in one of their Instagram stories. This causes your website traffic to increase to 10,000 visitors per day! And then, your server crashes.
This would happen because you have overused the bandwidth of your website server. What will this do? It will lead you to lose credibility and traffic. After all, no one likes returning to a site that crashes!
By switching to cloud computing, you can easily avoid this obstacle. This is because cloud computing solutions tend to be scalable. You can choose to scale up the resources when need be. And you can always go back to your older features. In other words, you pay according to your current needs.
5. Your focus is where it needs to be
During the infancy stages of a company, the core job takes precedence over every other department.
While a company works like a well-oiled machine, it will likely not fall into this trap, but it is quite easy to get overwhelmed and distracted by infrastructural needs and lose focus of the core job within startups. Hence, ensuring a steady stream of revenue via consistent sales.
For a startup, the focus should mainly be on giving life to the idea behind the business’s launch. And this cannot be achieved when you are worried about the infrastructure of the software and data storage solutions you use.
By providing an underlying framework, cloud computing takes care of the complexities that shouldn’t be on your list of worries to begin with. This ensures that you can direct your attention to things that will help you avoid developing cash flow problems.
You just need a nudge!
In today’s world, businesses do not need to be convinced to switch to cloud computing. This is because the solution has become well-engrained among the masses. But, as a startup, you might second-guess every decision you make.
Well, whether it be a team collaboration tool like MS Planner, cloud storage like Google Drive, or subscription-based services like Office 365, rest assured that your decision to use different cloud-based solutions is a wise one!
Your startup needs cloud computing. There are no ifs and buts to this statement.
Assess your organizational needs and see the amount of support you require from various cloud-based solutions around you. Proceed to only implement ones that you need to ensure that the cost of doing so doesn’t transcend your budget.
And if you believe that you need a dedicated in-house solution for a given project or task, make sure you hire experts to lead the initiative. But, as a startup, you need to go a long way before having to worry about it.
For now, let cloud computing take away your complicated worries and allow your core product to consume your thoughts and actions.