How to use the cloud to become a high-velocity business?

In today’s competitive and bustling city where technology & innovation reign supreme, a small company exists named Startek Info. For the last few years, Startek Info has been operating like any traditional business, with servers humming away in the back office and employees tied up to their desks. The team is dedicated and hardworking, but despite their efforts, the growth rate is not expected to be up to the mark. They often found themselves lagging behind more agile and renowned organizations and startups. 

Suddenly, one day, their CEO, Dheeraj Rathi, attended a tech conference at Kennies Star India Pvt Ltd. Amidst the exceptional array of futuristic gadgets and groundbreaking ideas, a recurring theme caught his attention: the transformative power of the cloud. The speakers, managing directors and industry experts from companies he admired explained passionately how the cloud can revolutionize the modern business landscape. They described how it enables rapid scaling, upgraded collaboration, and delivered unprecedented levels of efficiency and innovation. 

Fascinated and inspired, Dheeraj returned to Startek Info with a clear vision. He called an all-hands meeting and conveyed his newfound insights to the team. “We need to embrace the cloud, it’s our key to becoming a high-velocity business.” He added. His enthusiasm was high, but the question was what exactly it meant to move to the cloud. How would it impact daily business operations? Is it worth the investment? To find the answers to all such questions, just stay tuned to this explicit blog post. So, without further ado, let’s get started.  

What is the Cloud?

Cloud computing delivers businesses a pragmatic approach to managing their computing resources online by storing and accessing data through the Internet. It enables enterprises to use information on any internet-enabled device from any location. Instead of storing information on a computer server in the office and limiting its access, cloud computing allows data to be stored online. As several companies have been compelled to adopt a remote working culture since the pandemic rocked the world, it has augmented the use and significance of cloud computing for smooth business continuity. 

As a result, cloud-based services provide a scalable and reliable IT infrastructure to streamline business operations and shore up business performance and growth. Over the Internet, cloud computing provides on-demand services based on the size of the business, the extent of its use, and the security perspective. Businesses can consider public cloud, private cloud, or hybrid cloud. 

Reasons why businesses need cloud computing

Indeed, cloud computing has become a prior choice for businesses as it is cost-effective and easily accessible. Some significantly used cloud computing services that have been skyrocketing for the past two decades are as follows:

Cloud Storage: One of the prominent uses of the cloud is the storage of files and business data. With internet-enabled devices and secure web or mobile applications, the stored data can be edited, shared, and viewed in its latest version across all synced devices. 

Cloud Backup: Cloud backup works as a failsafe solution for companies, securing them from data loss due to any server crash or cyber-attack. 

Software as a Service (SaaS): SaaS refers to a cloud application hosted by a third-party cloud provider to customers over the Internet. It has made costly, high-powered software accessible to small and mid-sized businesses as they are mostly subscription-based. 

Cloud Hosting: Cloud hosting is generally a fixed-size server space that organizations can procure for email services, application hosting, data storage, and sharing. While the business will own the stored data, the cloud hosting company will own and maintain the hardware. 

Cost-Effective: Buying and maintaining servers and other hardware needs time, money, physical space, and expertise. Additionally, there will be a replacement cost of upgrading the system, leading to additional costs besides the allied downtime. With cloud computing on public or hybrid clouds, the service provider is responsible for all server and hardware maintenance and upgrades. 

Understand how to utilize the cloud to become a high-velocity business

Speed and agility have become critical differentiators in today’s ever-evolving landscape of businesses. The cloud, with its wide capabilities, provides an exceptional path for companies to transform into high-velocity enterprises. By leveraging the cloud, businesses can innovate quickly, respond to market changes swiftly, and scale seamlessly. Let’s learn some key points on how you can harness the cloud to become a high-velocity business. 

Expand Innovation: The cloud offers a solid platform for experimentation and innovation. 

With cloud-based services, businesses can swiftly prototype, test and deploy new products and features. This rapid iteration cycle enables organizations to stay ahead of competitors and meet customer needs more effortlessly. 

Upgrade Collaboration: Cloud-based tools provide seamless alliance among teams, irrespective of their physical locations. By utilizing cloud applications for communication, file sharing, and project management, businesses can break down silos, boost teamwork, and ensure everyone is aligned and informed. 

Optimize Operations: The cloud allows businesses to automate and streamline their operations. Cloud solutions can add to different business processes, decreasing manual tasks and elevating efficiency. With real-time data and analytics, companies can make informed decisions and optimize their workflows. 

Scalability and Flexibility: Scalability is one of the most prominent benefits of the cloud. Organizations can easily scale their resources up or down based on demand without the need for significant upfront investments in infrastructure. This flexibility enables companies to adapt quickly to market variations and scale their operations effectively. 

Security and Compliance: Cloud providers invest heavily in security measures and compliance certifications. By using these cloud services, businesses can upgrade their security posture and ensure they tailor industry regulations. This is especially necessary for managing sensitive data and maintaining customer trust. 

Business continuity and disaster recovery: Undoubtedly, the cloud provides robust disaster recovery solutions, ensuring that businesses can rapidly recover from unexpected events. With data backed up and accessible from different locations, companies can maintain continuity and overcome downtime. 

Thus, with reference to the above information, we can conclude that the cloud computing revolution has taken the entire globe by storm, and there is no way of going back. Many companies are overwhelmed by the thoughts and worries of moving to the cloud, including privacy risks, external attacks, data loss, etc. But are such concerns heavier than the benefits of cloud computing? Or are you not curious to embrace the change?

The adoption of cloud computing is soaring like never before. No matter whether you are an owner of a small or large-scale business, it provides you with the benefits that enable you to take your business to the next level. So, why are you waiting? Let’s embark on this remarkable journey of cloud computing.