How can cloud computing cut costs for your business?

Cloud computing may be the most significant step in the streamlining of daily office environment tasks. Best of all, cloud computing removes many of the obstacles typically faced by groups of coworkers collaborating on a project.

Thanks to the increase in productivity, cloud computing allows enterprises to put smaller investment in servers required. The cloud computing can save small businesses a significant amount, comparative to what they might have paid for the same functionality using traditional physical servers.

You are interested in stashing away some extra cash for your company today? Find out how cloud computing saves your cost:

1. Smaller Upfront Investment

Setting up file management systems normally requires enterprises purchasing bulky, expensive physical servers and hardware. Whereas, the cloud could transfer “these duties” to remote servers. 

The advantages of this range from opening up space in your office for not setting up bulky physical servers to providing an insured back-up of your data on clouds.

In addition, there is a significantly reduced risk of losing everything in the event of a natural disaster, because your data is stored and backed up across remote servers.

2. Lower Energy Bills

When the U.S. General Services Administration switched their 17,000 users from physical servers to a cloud system, they cut their energy use by 91% (not to mention reducing their carbon emissions). According to GSA’s estimates, the move will reduce its annual energy bill by about $285,000.

Similarly, if your company uses a physical server system, you will spend a chunk of variable costs each month keeping those machines running 24/7. Even power costs for running other related machines, cooling systems, and labor costs, etc. are not included.

Why not utilize cloud servers and let providers pay the bill? Cloud providers generally use systems that are designed to efficiently cool themselves and maximize the energy they use as well as protect the environment.

3. Put Busy Work on Autopilot

If you’re a company owner or manager, how much time does it take you each month to check over payroll, make invoice and other spreadsheets that need constant updating?

With a cloud system, many of these tasks can be automated and reasonably streamlined. Employees can post their own timesheets and calendars where everyone who needs it has visible access. 

By taking the mundane responsibilities of handling tasks requiring time and making them easier, cloud computing frees up more time for creative pursuits to grow and enrich the businesses. 

4. Increase the flexibility in working 

In the end, time is money. Money even can be recovered but lost time cannot. By switching to a cloud system, you can access your company’s database anywhere in the world, using your laptop or mobile device. 

With clear benefits and significant cost reductions, we can be confident that cloud computing will be the solution known and used by many businesses in the near future.

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