Benefits of a Connected Data Ecosystem for a Renowned World Leader
Development and Innovation Cloud computing has revolutionized the way organizations conduct their operations, but for medium to large sized businesses, what are the benefits of being in the cloud?
A huge reason is cost. Businesses that use a cloud based approach can achieve significant cost savings in the areas of data storage and IT infrastructure.
“Imagine what your company could do when a technology can enable your work force to focus on your core business. This re-distribution can allow you to optimize your resources and will allow you to look at new initiatives that could drive innovation in your business.” says Janet Kennedy, President of Microsoft Canada.
Productivity, agility, and decreased risk
Cloud computing is also responsible for improved productivity, because applications can be accessible in more locations, and are more scalable. This helps enable businesses to be more mobile, more efficient, and effective. Large organizations that adopt a cloud based approach can also expect an increased agility in their day-to-day operations. Being in the cloud provides businesses with faster access to IT resources at a lower up-front investment, so innovative product and service ideas can be tested faster. “The cloud enables companies to create better customer experiences which develops sustainable, competitive advantages for businesses.” says Kennedy.
In terms of scalability, a cloud based infrastructure can benefit businesses who experience spikes in their IT usage. Let’s say a business has a steady stream of users and a comparable in-house infrastructure over the year. A drastic spike (let’s say one from something like a sale or an unplanned event) could shut down their IT, unless they are able to utilize an IaaS based cloud for that short period of time, instead of have unused in-house infrastructure and the incurred costs for the entire year.
Business outages from natural disasters or other critical events cost Canadian companies billions of dollars each year. Cloud computing is an ideal platform for mitigating against these unfortunate events with disaster recovery and backup scenarios. A public cloud, with data centre facilities located anywhere in the world, can be ready at a moment’s notice to run applications that will keep businesses running throughout the outage at their main site.
“The cloud enables companies to create better customer experiences which develops sustainable, competitive advantages for businesses.”
What’s the most effective type of cloud?
A hybrid type solution is one of the most effective cloud computing models that is currently available to medium and large sized business. The ideal cloud continues to utilize a company’s on-premises IT systems and investments, while also leveraging public cloud and hosted resources, and all working seamlessly together to enable a better IT Service for the business. A hybrid cloud approach gives an organization’s IT department greater choice in how they allocate resources, which in turn allows for an optimized return on IT investment and enables more innovation for the company.
A competitive Canada
Companies across the world are embracing cloud computing in an attempt to stay one step ahead of competitors. Canadian businesses need to keep pace with the developments in cloud based technology or risk falling behind. The cloud is an enabler of many business benefits that lead directly to significant financial returns, and Canada should be a part of that.
“Canadian businesses can only benefit from adopting a cloud based approach. An organization that leverages cloud computing will realize cost savings as it relates to their IT infrastructure. This will enable Canadian businesses to compete on a global scale,” says Kennedy.