There are many benefits that a business stands to gain from cloud computing. This has seen to it that almost all companies are currently relying on cloud computing in one way or another. However, there are also a few drawbacks that are associated with cloud computing. Understanding them can help you to make the most out of your business technology. Below are a few of the benefits and drawbacks of cloud computing.
Benefits of Cloud Computing
Compared to in-house IT infrastructure, cloud computing can be a lot more reliable. This is particularly the case if you choose a reputable and dependable cloud service provider. A majority of the providers usually guarantee 24/7 services with uptime of up to 99.99%. The business stands to benefit quite a lot from reliable cloud computing services as the workflow will not be interrupted at any point.
Cost saving is among the most significant benefits of using cloud computing. For starters, you do not get to spend anything on in-house server storage and essential software. Without the in-house IT infrastructure, you also avoid any associated operational and maintenance costs such as air conditioning, power, and administration costs. The cost savings can come in handy for a startup business as it minimizes the amount of capital required.
Using cloud computing services gives your business a strategic edge over your competition, or at least eliminates their advantage if they are already using the services. This is because it allows your business to deploy various critical applications that can boost your business, with minimal provisioning time and no upfront costs. The company will also be able to focus on other crucial business aspects instead of focusing on technology.
Drawbacks of Cloud Computing
There is a possibility of experiencing downtime on rare occasions. The downtime can cause a lot of inconveniences and potential losses in your business. However, this usually happens when working with a cloud service provider that is unreliable. The more reliable providers have invested a lot in their systems to ensure that you do not experience any downtime. For example, they have redundant servers to which services can be transferred whenever other servers fail. Such providers might charge a little more than their competitors, but it is usually worth it.
Because your business does not own or manage the cloud infrastructure, you get only limited control over everything related to the services. This means that you are not able to carry out tasks such as firmware management and server shell access.