All things considered, cloud computing hasn’t been around all that long. That said, it hasn’t taken the cloud very long from being non-existent, to being very much a critical component in keeping modern businesses relevant and competitive in an ever-changing marketplace.
The question is, can your business really survive without it? Is cloud hosting as valuable as many people claim it to be? Read on and let’s find out…
Can your business survive without cloud computing?
To say that your business would invariably fail without cloud computing would be a very bold statement. However, as so many of your competitors are leveraging the many benefits it provides, it’s more a question of time than anything else.
Certainly, you might be able to survive without it for now, but eventually, you’ll either need to make the change or find yourself falling behind tremendously. Here’s a look at some of the risks involved with inaction:
- A lack of agility: the key to success in today’s marketplace is agility. How quickly can you recover from losses? How easily can you scale your business up and down in response to market demand? Such movements are becoming increasingly harder without cloud computing. With the cloud however, your ability to implement new resources and make business-critical adjustments will be far greater.
- The risk of too many potential interruptions: we’ve all heard the phrase “you shouldn’t put all your eggs in one basket,” but when resisting the allure of cloud computing, you are doing exactly that. With your critical business data secure off-site, miles away from your location (e.g., cloud hosting in Australia), you can easily alleviate much of the potential risk with running a modern business, such as network outages, hardware malfunction, software glitches, natural disasters, and cyber intrusions (to name a few).
- Inferior analytics: particularly if you rely on the internet to sell your products and services, data is fast-becoming the most valuable commodity of all. However, it’s not enough to simply collect data. Today, the most successful and competitive businesses are analysing the data they collect and using it to make business-critical decisions, such as influencing their digital marketing campaigns. The cloud can simplify and streamline your data analysis process, thus granting you access to more ways to grow your business and outperform your competitors without having to spend a truckload of money.
- Unnecessary admin: the problem that the majority of small businesses face (and the biggest reason why so many fail), is the fact that they are often bogged down with unnecessary administrative work. Cloud computing can help to eliminate many of the time-consuming admin tasks through automation, thus allowing you and your employees to focus on other vital, revenue-generating tasks instead.
As you can see, it is certainly possible for businesses to survive without the cloud…for a time. That said, the digitalisation of modern business is an inevitability that you are far better off embracing sooner rather than later.
Let your competitors fall behind while they waste time with indecision and inaction while you seize opportunity, embrace change, and take your business to the next level.
We hope that you’ve found this article insightful and wish you all the best with the future of your business.