Gone are the days when a business’s capacity to store data was limited to its physical storage space. Now, data is predominantly stored in the cloud.
As an organization expands and collects more customers and client data, they don’t need to worry about moving to a larger storage facility to accommodate this increase in data. Instead, they can store an almost unlimited amount of data using cloud infrastructure, which requires no physical space.
If you are a business owner and you’re contemplating switching to cloud infrastructure for your data storage and FinOps solutions, keep reading. In this article, we’re going to run through what kind of structure is and why it is beneficial for businesses of all sizes.
What is Cloud Infrastructure?
Cloud infrastructure and technology enable businesses to access on-demand data storage and computing power without requiring direct management.
The cloud is a general term given to the use of hardware and software for data storage and management. It can be integrated into an organization’s existing system for maximum success.
Why Should You Adopt the Cloud?
It’s no surprise that over 90% of businesses are already using a public cloud system and 75% are using private cloud infrastructure. The cloud offers a number of benefits that are unmatched by any other data storage technology.
Efficient Data Storage
One of the most obvious and most beneficial advantages of cloud-based faxing or computing is that it enables businesses to store more data without the need to expand their physical facilities. As a business expands, it can embrace cloud infrastructure to enhance data storage efficiency and optimization.
Easier Data Management
Large clouds are often multifunctional and enable organizations to store data across multiple locations. Each location has a data control center to make remote data management easier.
The cloud integrates multiple areas of data storage into a central virtual network that multiple users can access at once. Business owners can grant certain employees access to specific areas of the cloud infrastructure and limit access to other users to keep personal data safe and secure.
Reduced Operational Costs
Because the cloud is flexible and scalable, it can decrease an organization’s data storage costs. It can also reduce the cost associated with cyber security breaches and incident management.
Although transferring to a cloud system comes with an initial fee, the return on investment is high. Server fees only increase when a business needs to significantly expand their data storage, so they aren’t paying for features that they don’t need or use.
Plus, cloud infrastructure streamlines data collection and storage, further reducing operational costs.
Better Cybersecurity
The cloud offers a safe and secure way to store data. Every cloud infrastructure has several layers of digital protection. Data is stored remotely, in multiple locations, which makes it more difficult for cyber-attackers to access an organization’s system.
Additional security can be added to certain areas of the cloud for extra protection, such as two-factor authentication.