Cloud computing is a boon to every business, irrespective of the size. However, small or medium sized businesses (SMBs) can make the best of them since they can effectively run their business operations without making hefty investments. Unlike cash-strapped businesses, large businesses can afford expensive hardware, software, infrastructure and human resources for streamlined business functioning, thus cloud computing proves the be the kind of panacea for SMBs.
Nearly 37% of small businesses in the US are currently using cloud services and the figure is likely to surge to 80% in coming 4 years. “The cloud is transforming how small businesses operate and the way companies like ours serve the needs of entrepreneurs,” said Joshua Reeves, CEO and co-founder of ZenPayroll, a simple, cloud-based payroll service for accountants and bookkeepers. Reeves adds that his cloud-based payroll service helps businesses get rid of the hours of frustration of dealing with complex tax calculations, countless forms etc. Besides, business owners get time to work on their relationships with employees to appreciate and motivate them.
Cloud computing services can be divided into three broad categories: Software as a Service (SaaS), Infrastructure as a Service (IaaS) and Platform as a Service (PaaS).
Let’s talk about as to how cloud computing helps SMBs grow
- Reduction of business costs: Small businesses can go for cloud-hosted servers to get access to robust and scalable computing. Cloud computing services also minimize IT requirements and physical storage, which helps small businesses cut significant business costs. When a small business starts growing and witnesses a rapid rise in number of customers, cloud service provider automatically allocated as many servers as requires to effectively handle high traffic. Cloud services can be both scaled up and down based on the business requirement, thus saves the costs of buying and installing new hardware and software. Read full blog at- 7 Ways Cloud Computing helps SMBs boost their Business