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Written for EO by Ashley Fletcher Frampton
Anyone who has embarked on the entrepreneurship journey knows the risks are plentiful. One area of risk that cannot be underestimated is your company’s information technology (IT) system: It can impact everything from data security to business performance. The rise of cloud computing has lowered this exposure dramatically. Here’s how—and why—to take advantage of cloud computing for your small business.
How Cloud Computing Reduces Risk
Cloud computing allows entrepreneurs to outsource the risks associated with data security, along with the responsibility of backing up files, updating software and maintaining costly on-site hardware. Here are some additional benefits of could computing:
Remote access. Storing data and files in the cloud gives business owners and employees freedom to work from any location, at any time, on any device. The cloud enables collaboration in real-time among colleagues who may not be in the same building or even the same time zone. This accessibility lowers the risk of missing a deadline or missing a sale.
Flexibility to scale. Most cloud services offer flexibility to scale up and down in terms of storage capacity and users, eliminating entrepreneurs’ risk of overcommitting before the time is right, yet enabling growth without delays.
Affordability. Cloud computing typically costs far less than maintaining equipment and software, and programs can be up and running quickly. That frees up more resources—money and time—to invest in the businesses.
How to Get Started with Cloud Computing
If you’ve decided the cloud is right for your small business, here are some tips for getting started:
1. Don’t drown in the options. You can find a “software as a service” (SaaS) solution for every busine… Read More
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