cloud storage business benefits

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Contents

Cloud storage is a simple way of storing data that can be used by both businesses and individuals. The data can be retrieved by those who have access to the cloud at any time, in any location, and from any device that is connected to the internet, making operations remote, efficient, and secure. This form of storing and moving data has become increasingly popular in recent years, with the total worth of the cloud storage market amounting to $371.4 billion in 2020 alone – and it keeps growing, with predictions saying it will reach $832.1 billion by 2025. That being said, in what ways can cloud-based storage benefit your business?

1. What is cloud computing?

Cloud computing is the delivery of different cloud services – such as data storage, databases, knowledge bases, networking servers, and software – through the internet. In recent years, cloud computing has become so popular and widespread that nowadays, an average person uses 36 different cloud-based services every single day.

 

Yet, how does a virtual and remote solution like this work? Essentially, companies can store files, applications, and other relevant business services on remote servers and access them whenever they need them through the internet. There is no need for your employees to have access to any specific hardware, and no data crunching or processing has to be done.

 

The internet becomes the cloud – cyberspace where you exercise data storing, file sharing, and networking, and to which you can connect from any device, no matter where in the world you happen to be. It comes as no surprise then that 94% of all enterprises are using cloud storage services, and predictions state that the global cloud computing market is expected to reach $623.3 billion by 2023.

 

Cloud computing can be public, private, or hybrid. What’s the difference between the three? Public cloud servers make their services available to the whole of the internet for a fee.

Consequently, private cloud servers provide their services only to a chosen number of people who have obtained authorized access – the company’s workforce, collaborators, or selected business clients, for instance. The last solution, on the other hand, is a combination of both the public and the private services.

 

The biggest international providers of corporate cloud computing are:

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2. What is a multi-cloud strategy?

A multi-cloud strategy is a cloud storage system that uses more than one type of cloud storage server and picks the most suitable cloud for each application and service. It thus allows for a delivery of services across both the public and the private cloud storage, whichever is the most appropriate at the given moment.

 

Although a multi-cloud strategy can primarily seem very similar to hybrid cloud computing, there are a few aspects that differentiate the two. The hybrid cloud storage model works in conjunction by navigating data across both the public and the private company services to achieve particular business goals. It always includes the enterprise’s private cloud infrastructure and merges it with one or more public clouds.

 

Multi-clouds, however, do not need to incorporate a private cloud component. They work within multiple public cloud services which usually perform different functions and offer different features, making it easier to evaluate which components and accessed data would work best for your specific business model, resource availability, and storage capacity.

 

By having access to many different vendors and storage servers, multi-cloud is able to pick the one that is most suitable and optimal for your business at that particular moment. Such an approach to cloud storing is more cost-effective, more reliable, and improves the overall performance of the business – and the benefits of relying on a multi-cloud strategy have already been noticed and appreciated by 81% of all companies.

3. What are the benefits of cloud hosting?

Hosting your data in the cloud offers your business some unique features you would not get if you were to choose a different storage infrastructure. Here are some of the main benefits of using cloud hosting for your business:

3.1. Wider cross-business availability

As cloud storage works exceptionally well with mobile apps, business data can be accessed through many different devices, be it desktops, smartphones, tablets, smartwatches, etc. Cloud hosting thus makes it easier and more time-efficient for all authorized employees to access any relevant company data whenever they need it, making it a perfect solution for remote working. Past documentation, customer experience records, files and folders – it is all within easy reach without having to seek approval from a manager or a hosting provider.

3.2. More efficient disaster recovery

Although there is no system that could entirely ensure you never experience any technical issues, cloud hosting can significantly minimize the impact of disasters, prevent service loses, all the while promoting business continuity. Additionally, since your data is stored within resources of multiple servers, especially when using the multi-cloud strategy, any information can be transferred from one server to another, in case one of them goes down or experiences technical issues.

3.3. Faster data delivery

One of the great cloud hosting benefits is its ability to provide far faster data access than any other storage solution. Whether you only store light data and documents, or your business is big on heavy object storage, such as images, video, sound, or other streaming media content, cloud hosting services will detect which server is the closest to a given device at a given moment and transfer the needed data from the nearest source, making the operation seamless and minimizing delays.

3.4. Decreased environmental impact

Cloud hosting is also a much more environmentally-friendly solution. By storing all your data in one or a few virtual servers, you don’t utilize as many data centers as you would otherwise. What’s more, with cloud hosting and multi-cloud strategy, you only ever use the server resources you require at a given moment – nothing more has to power your operations in the background and use up unnecessary energy.

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4. Conclusion

No matter which solution you choose and to what extent you rely on it, cloud storage will bring you and your business many benefits. From increased problem resolution and more efficient performance to decreased costs and more secure disaster recovery, cloud hosting is the perfect solution for any business that wants to widen its data accessibility, shift its focus to remote work, and provide seamless services to all no matter the time or location.

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