7 cost benefits of cloud computing
Both aspects of a list of cloud computing costs and benefits could be summed up with just two words: "Lots, potentially." While hosting your application in the cloud does come with a ta...
What are the cost benefits of cloud computing?
Cloud computing can significantly reduce costs for businesses, especially for start-ups and small companies. By leveraging pre-built infrastructure from cloud vendors, companies can save time and money on labor and operating costs. In fact, 39% of companies report achieving their cost savings goals through cloud adoption. The pay-as-you-go pricing model allows businesses to only pay for the services they use, making it a more affordable option compared to on-premises solutions.
How does cloud computing enhance security?
Cloud computing can enhance security by distributing data across multiple servers, making it harder for cybercriminals to compromise the entire system. This approach can help mitigate the financial impact of data breaches, which averaged $9.44 million in the US in 2022. Additionally, cloud vendors often handle maintenance and updates, reducing the risk of human error and providing a more secure environment for data.
What are the implications of downtime in cloud computing?
Cloud computing minimizes the costs associated with downtime by offering quick data recovery solutions. Unlike on-premises systems, which can be costly and time-consuming to restore after an outage, cloud services provide more efficient recovery options. This capability helps businesses avoid potential revenue loss and operational disruptions caused by unexpected events like power outages or natural disasters.
7 cost benefits of cloud computing
published by Cornerstone.IT
Cornerstone.IT is a Microsoft Gold Partner specializing in Azure cloud migrations, Microsoft 365, Windows Virtual Desktop, Teams, and Enterprise Mobility and Security. Cornerstone.IT, a national leader in Legal IT services, delivers custom Professional IT and Managed Services. Founded in 2003, Cornerstone's experienced and certified engineers design, implement, and maintain Microsoft environments that help keep companies' IT systems secure, profitable, and productive from anywhere. See our Microsoft Azure Marketplace offers at https://www.cornerstone.it/azure/. Let us help your firm get the most from your Microsoft investment.
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