• Home
  • About
  • Advertise
  • Write For Us
  • Subscribe
  • Contact

YFS Magazine

  • Plan
  • Launch
  • Grow
    • Back Office
    • Business Law
    • Customer Service
    • Finance
    • Human Capital
    • Marketing & Sales
    • Operations
    • Technology
  • Lead
  • People
    • Podcast
    • Savvy Startups
    • Success Profiles
  • Lifestyle
    • Wellness
    • Culture
    • Travel
    • News
    • Gift Guides
      • Gift Guide – Holiday 2016
      • Gift Guide – Girl Boss Edition
  • Editors’ Picks

Cloud Computing Boosts Efficiency For Entrepreneurs

  • by Shraddha Tewari
  • in Back Office · Grow · Technology
  • — 23 Oct, 2015
Photo: © shefkate; YFS Magazine

74 Shares
Tweet
Share
Share
Buffer
Pin

The drivers of innovation and technological shifts have resulted in the growth of third-party, on-demand services; especially cloud computing, which acts as a catalyst to make enterprise level resources available to all businesses, regardless of size. Businesses can use a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

With advancements in cloud technology, it is often perceived as a remedy to IT pains. Services are sprouting up and helping businesses concentrate on the crux of the business instead of IT troubleshooting and glitches. It’s widely known that implementing cloud solutions can help small business owners manage information and collaboration more efficiently.

Let’s take a look at a few notable capabilities of cloud-based services.

 

Versatile Computing

Greater flexibility and reduced up-front costs makes cloud technology a natural fit for SMBs (i.e., small to mid-sized businesses) as the cloud simplifies IT processes and accelerates the learning and growth curve. The cloud empower SMBs to battle toe to toe with other startups and established enterprises.

A simple situation can shed light on the practical, yet immense potential of cloud computing. For instance, let’s say you reached a client’s office to present a deal, but forgot to carry an important document with you. But you keep all of your data, documents and key presentation files in the cloud. With a Wi-Fi connection your file is easily accessible right at your fingertip, and not stuck on your desktop or laptop computer.

Storing data in the cloud enables secure access to data, using all of your devices such as PC, tablet and smartphone. This means entrepreneurs can maximize efficiency by gaining access to information, using any device, at any given moment.

 

IT Expense Reduction

Launching a startup usually requires hardware, software and costly equipment expenditures. Some industries require the purchase of database licenses, servers and other IT tools to perform daily business activities.

Photo: "Cloud Computing" by Sam Johnston; Source: Created by Sam Johnston using OmniGroup's OmniGraffle and Inkscape (includes Computer.svg by Sasa Stefanovic)

Photo: “Cloud Computing” by Sam Johnston; Source: Created by Sam Johnston using OmniGroup’s OmniGraffle and Inkscape (includes Computer.svg by Sasa Stefanovic) This vector image was created with Inkscape.. Licensed under CC BY-SA 3.0 via Commons

Cloud computing helps smaller businesses leverage big data by forgoing the need for onsite servers – taking away with them, operating costs and extra on-site space required for server storage. Also, the need for managing a network and information by devoted onsite staff diminishes. This leads to improved cost efficiency.

Cloud technology eliminates on-site expenditures and costs; saving up-front capital, freeing up cash to invest in high priority activities. The cumulative effect of this is simple: startups require less capital to launch.

 

Collective Knowledge Access

Almost every entrepreneur shares the same experience in realizing that it is not possible to execute business processes smoothly without a reliable network, computer and associated equipment.

It is often difficult for non-techies to keep a network up-to-date and maintain functional software and other tools. By making the move to the cloud, guesswork is eliminated.

Cloud vendors delivers an immediate resolution to any kind of repair or troubleshooting issue that may arise. This helps entrepreneurs focus on more important things, like running a businesses smoothly.

 

Enhanced Scalability

Nowadays, maintaining a company website is at the crux of every business. Generally, it’s not a cost-effective solution to host a website using an-onsite dedicated server. The cloud helps small businesses operate a fully-functional website quickly and easily.

When you enlist the services of a website designer and developer who uses various cloud-services to store data and content, you and your team are able to efficiently manage the website; saving time and money.

 

 

Although, there are cloud security threats that require proactive assessments at an additional expense, the pros outweigh the cons in terms of improved productivity and big savings.

Instead of investing a vast amount of resources in the deployment of conventional IT services, startups can incorporate cloud-based services to get their business services up and running quickly. You are literally a few clicks away to cloud-enabled services that make the need for traditional IT services a thing of the past.

 

This article has been edited and condensed.

Shraddha Tewari, an Editor at The Real Time Data Services blog, holds a strong command of cloud technology and its endless applications that simplify business processes. She believes in a world with the least hardware possible, endless mobility, and endless connectivity. This persuades her to explore more on cloud technology and share her experiences through @TheRealPBX blog. Connect with @tewarishraddha1 on Twitter.

 

© YFS Magazine. All Rights Reserved. Copying prohibited. All material is protected by U.S. and international copyright laws. Unauthorized reproduction or distribution of this material is prohibited. Sharing of this material under Attribution-NonCommercial-NoDerivatives 4.0 International terms, listed here, is permitted.

   
74 Shares
Tweet
Share
Share
Buffer
Pin

What do you think?

comments


Tags: back officeCloud Computinginformation technologyITproductivitytechnology

— YFS Small Business Contributors

We are a diverse group of early adopters, innovators, entrepreneurs, startup enthusiasts, influencers and small business aficionados. Stay connected to YFS Magazine as we share our unique perspectives on startup, small business news and entrepreneurial culture.

  • Latest Must Reads

    • Diversity and Inclusion for Startup Culture5 Steps To Build A Diverse And Inclusive Company Culture04/24/2018
    • Rethink How You Approach EntrepreneurshipThese 10 Tips Will Make You Rethink How You Approach Entrepreneurship04/23/2018
    • Photo: Chevanon Photography, Pexels/YFS MagazineDiscipline Is The ‘Secret Weapon’ For Business Success04/18/2018
    • Why It’s Time To Rethink Your Office Culture04/17/2018
    • Jewellery Designers and Goldsmiths Jana Reinhardt & Ross CuttingJewelry Designer Jana Reinhardt Built A Successful Online Business. Here’s How She Did It04/17/2018
  • Trending

    How To Find and Select a Great Business MentorHow To Find and Select a Great Business Mentor
    From Near-Death To Business Success: How I Built My Digital DreamsFrom Near-Death To Business Success: How I Built My Digital Dreams
    4 Signs You’re A Toxic Leader, Because Sometimes The Business Problem Is You4 Signs You’re A Toxic Leader, Because Sometimes The Business Problem Is You
    How Great Leaders Defeat DistractionsHow Great Leaders Defeat Distractions
    What Losing A Business Taught Me About EntrepreneurshipWhat Losing A Business Taught Me About Entrepreneurship
    Change Or Be Left Behind: How To Reinvent Yourself When Life Demands ItChange Or Be Left Behind: How To Reinvent Yourself When Life Demands It
    3 Common Mistakes First-Time Entrepreneurs Make3 Common Mistakes First-Time Entrepreneurs Make
    5 Ways To Master Your Brand’s Instagram Stories5 Ways To Master Your Brand’s Instagram Stories
    It’s Time To Raise Your Client StandardsIt’s Time To Raise Your Client Standards
    6 Business Travel Hacks For Entrepreneurs6 Business Travel Hacks For Entrepreneurs
  • Editor Picks

    • Photo: © peshkov, YFS Magazine4 Signs You’re A Toxic Leader, Because Sometimes The Business Problem Is You04/14/2018
    • How to find a great business mentorHow To Find and Select a Great Business Mentor04/09/2018
    • Entrepreneurs Can Access 17,000 Online Classes For Free — Start With Our Top 10 PicksEntrepreneurs Can Access 17,000 Online Classes For Free — Start With Our Top 10 Picks11/09/2017
    • I Built My Startup To A 15M Valuation – While Living In A Van - YFS MagazineI Built My Startup To A $15M Valuation – While Living In A Van10/12/2017
    • Why every entrepreneur should take a sabbaticalWhy Every Entrepreneur Should Take A Sabbatical08/30/2017
  • Top Picks | From Our Editors

    • 4 Signs You’re A Toxic Leader, Because Sometimes The Business Problem Is You04/14/2018
    • How To Find and Select a Great Business Mentor04/09/2018
    • Entrepreneurs Can Access 17,000 Online Classes For Free — Start With Our Top 10 Picks11/09/2017
    • I Built My Startup To A $15M Valuation – While Living In A Van10/12/2017
    • Why Every Entrepreneur Should Take A Sabbatical08/30/2017
  • Read The Latest

    • 5 Steps To Build A Diverse And Inclusive Company Culture04/24/2018
    • These 10 Tips Will Make You Rethink How You Approach Entrepreneurship04/23/2018
    • Discipline Is The ‘Secret Weapon’ For Business Success04/18/2018
    • Why It’s Time To Rethink Your Office Culture04/17/2018
    • Jewelry Designer Jana Reinhardt Built A Successful Online Business. Here’s How She Did It04/17/2018
  • Top Picks | Start A Business

    • 3 Common Mistakes First-Time Entrepreneurs Make03/19/2018
    • Your Startup Idea Sucks Until You Validate It – Follow 6 Simple Steps03/14/2018
    • Pros And Cons Of Being An Entrepreneur Vs. An Employee03/13/2018
    • From Near-Death To Business Success: How I Built My Digital Dreams02/27/2018
    • How To Accelerate Your Entrepreneurship Learning Curve02/20/2018
  • Home
  • Company
    • About Us
      • Leadership
  • Advertise
  • Write For Us
  • Contact
    • My Account
      • Help | FAQ
  • Subscribe

Tuesday 24th April 2018

© 2009 - 2020 YFS Magazine. All rights reserved. YFS, YFS MAGAZINE, AND YOUNG, FABULOUS & SELF-EMPLOYED ARE TRADEMARKS OF YFS MEDIA
Terms | Privacy | DMCA

Get superior entrepreneurship advice so you can build a remarkable brand.

Fresh, provocative, and insanely addictive content delivered weekly.

Sign up for YFS Magazine’s FREE agenda setting newsletter and work smarter.

Brilliant move! Check your inbox.
Something went wrong!

Privacy

No spam. Promise!