Startup companies come in all forms and span all industries. Regardless of industry, investors are most interested in startups that can distinguish risk and are also scalable. Successful startups must be scalable, which means they can grow rapidly, even with limited resources and capital investment.
A managed cloud service for a small business gives it an edge against the competition by providing digital benefits like mobile access to information. With our changing digital landscape, Gartner predicts that by 2022, 60% of business owners will rely on a managed cloud to store their company data. That percentage is roughly double what it was in 2018 and continues to grow.
For businesses, the pressure associated with workforce management continues to increase at a rapid pace. As companies look for ways to manage multiple users, view data, and share projects more effectively, cloud computing has become a modern-day solution many businesses are taking advantage of. Staying competitive in a changing digital environment is not easy. Cloud computing allows companies to access their data and information from anywhere, any time, and from various devices. It is also more cost-effective than hosting data on in-house servers.
With many startups launching remotely, cloud computing gives companies the ability to perform their daily tasks with ease—even across a distributed workspace. Since company data is stored in a cloud, employees can access it without visiting the office.
A business no longer needs to waste time and money housing, cooling, and powering its own in-house data infrastructure. The cloud will enable the business to keep their operations running, thanks to a team of dedicated remote hosting specialists doing what they do best—rapid provisioning and infrastructure. With managed cloud computing services, businesses can invest more in people and products that will benefit their core applications.
Here’s an insight into how cloud computing can help startups effectively change their processes and systems for maximum efficiency and protect themselves from digital threats.
Cloud Scalability Versus Cloud Elasticity
Many cloud providers offer clients the option between elastic and scalable solutions. But keep in mind that while these two terms may sound similar, they describe very different concepts. While elasticity often refers to a system’s ability to grow or shrink automatically, scalability refers to its ability to use existing infrastructure to increase workload based on changing demands. Scalability is one of the driving forces behind the growing popularity of cloud computing.
Increasing or decreasing IT resources as needed is a prime reason why businesses hire a managed cloud service provider.
Cloud Computing Costs Less Than Office Space
Stop wasting resources on managing in-house data infrastructure. Cloud computing allows companies to access their data and information from anywhere, any time, and from various devices. Managed cloud computing services mean businesses can put their investments towards people and projects rather than maintaining infrastructure.
Additionally, many data centers output a lot of carbon emissions at rates that are harmful to our environment. While many people might assume that going ‘green’ means spending more, managed cloud hosting reduces business costs. As consumers and clients search for companies that do their part to protect the environment, cloud computing can be a powerful first step towards drastically reducing their carbon footprint, gaining more customers, and reducing overhead costs.
Risk and Threat Management
With so much volatility associated with startups, managed cloud hosting allows companies to drastically reduce upfront costs like software tools, data licensing, IT equipment, and servers. Managed cloud computing services can also significantly boost a business’s cybersecurity by automatically stopping threats before they affect their data. With many startups launching remotely during hard economic times, companies require a definitive cloud cybersecurity solution that is cost-effective and simple. A managed cloud provides a safe location to house data in the event of cyber-attacks.
Startup companies can free up valuable resources and space with a cloud computing company like Pathway. Learn more about how our expertise and managed cloud computing services can benefit any business.