Strategic Importance of Cloud Computing in Business Organizations
The Strategic Importance of Cloud Computing in Business Organizations can be gauged from the myriad benefits it provides to Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and other Business Process Dynamics.
Cloud computing is the lifeline of most contemporary businesses, as far as secure and systematic information access and distribution are concerned. Researches conducted at International Data Group reveal that almost 70 percent of contemporary businesses use cloud services today. This technology seamlessly facilitates remote accessibility, operations, and restoration of critical data and files through a centralized server on which multiple authentication levels have been automated. According to recent studies, almost 94 percent of cloud users observed improved security of critical business data after they switched over for cloud services. Even compliance with various governmental and federal norms has become easier by migrating to cloud services, as claimed by many leading e-commerce enterprises.
Cloud and Cloud Computing
A Cloud is a secure pool of shared computer resources, mostly files and high-end services that are configurable to work in alignment with each other. These resources can be provisioned for a rightful purpose over the internet effortlessly for various business management purposes.
Cloud Computing is a termed as the set of operations that are carried out through multiple interactions between various networked service elements belonging to a network suite that is managed by a provider. This indeterminate collection of coherent networked elements may include hardware and software elements that work in tandem with each other based on various assimilated protocols and internal codes.
Cloud Computing – The Futuristic Solution
The importance of cloud computing can be witnessed in our daily life experiences, right from social media access to managing bank accounts. Since cloud computing is user-centric, it enables organizations to easily program the operations as per their requirements without the need for any physical resources except for their interface devices. When partnered with mobile computing, the results are phenomenal.
The imperative reasons why cloud computing is vital for enterprises are:
- It offers device and location independence
- The network virtualization ensures the availability of information 24×7
- Secure storage management with offline accessibility
- Pay per use is facilitated for better cost efficiency
- Internal resources are freed up dynamically after usage which improves the network speed
- It offers scalable, sustainable, and reliable business operations
- The Total Cost of Ownership is low compared to individual networks
- Agile business deployment on cloud servers helps with multitasking and improved distributed services
- Disaster recovery is faster and easy through automatic backups
Cloud Computing in Business Operations
Businesses depend on the infrastructural and functional capacities of cloud computing hosting services to automate many internal and external processes that would save time, curtail investment and maintenance costs while providing access to high-capacity network storage devices securely. In the process, physical infrastructural elements, servers, or software licenses are readily available. Many other cloud services that can be beneficial to businesses are hosted application exchanges, workstation services, Software as a Service (SAAS), Platform as a Service (PaaS), Infrastructure as a Service (IAAS), and Hardware as a Service (HAAS).
Implementing Cloud Computing for modern business processes will entail benefits like; seamless flexibility, control, management simplicity, virtualization, vendor lock-in, and efficiency that this infrastructure pool provides.
At Chapter 247, we implement this technology for the diverse requirements of our clients through our eclectic range of cloud-hosted services.
Businesses of any scale can utilize this technology without the hassles of managing, recovering, securing, maintaining, monitoring, and distributing the information stored on a network.
The different cloud deployment models available today are influenced by where and how they are being used. The primary network-based Cloud Computing Services are:
- Public networks– These are hosted by a particular organization and are provisioned to be used by the public
- Private networks– These networks are hosted either internally or are outsourced to external service providers and are meant for high-security private operations of an organization
- Community networks– These networks are shared by multiple organizations for a common business motive and are typically hosted externally
- Hybrid networks- This comprises of a combination of any two of the abovementioned networks that remain as independent entities but work in coherence through multiple deployments. They can either be hosted internally or externally
Identifying the Best Cloud Services for Your Business
The delivery models of cloud computing need to be chosen in line with the business requirements of individual organizations for Business Processes, Software Applications, and Virtual & Physical Computing.
Identifying the best cloud service depends on the business goals w.r.t. data control, the flexibility of cloud configuration, hardware requirements, software environments, resource management, and network capability needs of the business. Economies of scale, data security, concomitant risks, management simplicity, and better control are the factors that truly influence the advantages of cloud computing services to an enterprise’s success. The different types of cloud computing services are delineated below:
- Software-As-A-Service (SAAS)
The entire software application is provided on a hosted platform along with the OS, services, and infrastructure capacities. While the control and flexibility are the least, ease of use is the highest in this type.
- Platform-As-A-Service (PAAS)
Custom applications and data can be hosted on a server with access given to users. The Operating system software and the infrastructure is that of the service provider and is managed by them. Application scalability is supported on the subscribed platform without the need to worry about the underlying requirements.
- Infrastructure-As-A-Service (IAAS)
In order to reduce management costs and complexity, infrastructures can be rented to run a company’s own applications using their own OS for installations and management. The hardware, virtualization, and network elements are owned by a single service provider or many of them.
- Business-Process-As-A-Service (BPAAS)
Both horizontal and vertical business processes are catered to by this type of cloud computing. The configuration depends on the application design, well-defined APIs for easy connectivity of related services, multiple deployment environments, massive scaling capacity, and the ability to use SaaS, PaaS, and IaaS optimally for business development.
Benefits of Cloud Computing
The advantages of Cloud Computing services cannot be ignored simply because of its anytime, anywhere availability. You could set up a virtual office and operate remotely with the assurance that your crucial information is going to remain intact on a secure server. Cloud computing for business development revolves around many factors that enhance the way on how any businesses perform. The following benefits of cloud computing help in realizing the fact that innovation in this field can only promote business growth.
- Secure and Cost-effective Data Access
Accessing and modifying data stored on centralized servers not only reduces the costs of maintaining your own server but also ensures that the rightful owners of the information can control how the data is being used by authorized individuals.
- Operational Flexibility
Optimal cloud computing solutions are meant to provide the operational flexibility that facilitates business continuity in the long run. The connect mechanisms of employees of an organization to the network are made faster and efficient by cloud systems.
- Better Operational Control
The integrity of the information exchanged between the employees within an organization is of vital importance. Any misuse of the company’s confidential information and important resources can be deterred by using cloud networks.
- Continuous Information Access
Availability of critical information 24/7 with offline accessibility is a major blessing with the cloud computing solutions available today that helps in business scalability. This way associates and employees located at different time zones can access the required data at any time of the day.
- Implementation of Multi-level Data Security
Storing data pertaining to its usage by managers, employees, customers, administrators, etc. on cloud systems is made simple through user-specific security and accessibility features on cloud networks.
- Automated Processes
Remote processes/updates/backup automation and control of servers, software, and background processes with disaster recovery support are the lifelines of information integrity. Cloud computing solutions are programmed to do this in a timely manner or report anomalies promptly so that corrective actions are taken immediately.
- Optimal Storage Utilization
The same storage space can be utilized commonly across different business verticals. This helps in resourceful storage space utilization that leads to saving costs and better collaborations through virtual information exchange.
- Environment-friendly Solution
With the flexibility of server capacities to fit dynamic data volumes, the increased use of carbon material is curtailed. Project documentation and enterprise information are filed and stored virtually thus avoiding the need for paper files and folders. Any information that is obsolete can be removed from the server automatically or reused to make it useful. Energy efficiency is the key advantage of cloud computing.
- Improved Business Competency
Cloud computing saves time and keeps all your enterprise information updated. This allows businesses to act faster and reap the benefits in a competitive world. Greater convenience partnered with better control and market visibility that is obtained through cloud services can give your competitors a run for their money.
How Chapter 247 Can Play a Significant Role in Empowering Your Business Using Cloud Services
At Chapter 247, we help businesses thrive on cloud computing services to provide the best business solutions for the following:
- Web Development
- E-Commerce Development
- Design, UI, and UX
- Mobile Applications and API
- Digital Marketing
- Virtual Security and Maintenance
As the number of web-enabled devices has increased over the past decade, customer operations have also accelerated. Chapter 247 helps businesses convert customer transactions and data processes into potential information that can be converted into profit leveraging strategies based on the ever-changing demands of the network users.
Chapter 247 has been instrumental in using the automated analytics and tracking mechanisms available on its cloud infrastructure to provide insightful, time-sensitive information for better business planning for E-commerce businesses that run on real-time data.
Inter-departmental collaborations across business are made simple through the cloud-based platforms developed at Chapter 247 that enhance better communication.
The pay-as-you-use systems of Chapter 247 help businesses achieve better Return On Investment by offering lowered storage costs and better expansion capacities.
Chapter 247 provides virtual adaptability and instant disaster recovery services to its clients through the proper maintenance of its cloud computing solutions.
An effective cloud computing solution is definitely a strategic boon to a growing enterprise, that helps in operating, collaborating, performing, proliferating, and thus evolving while catalyzing results through on-demand, reliable, and ubiquitous network virtualization. A better alternative to buying exorbitant equipment and expensive software is to invest in different types of cloud computing services that are well-integrated and scalable similar to those provided by Chapter 247 Infotech.
Operating costs are the major causes of corporate expenditure spikes that can be considerably reduced by choosing a good cloud networking service from a qualified vendor. Every business that needs a long-term competitive advantage over its peers by serving their customers better, will need to adopt cloud computing and virtual data processing into their operational structure.