Cloud computing technology is a way to increase Information Technology or IT capacity or add capabilities on the fly without investing in new infrastructure, training new personnel, or licensing new software. Cloud computing encompasses any subscription based or pay per use service that, in real time over the Internet, extends IT’s existing capabilities.
Cloud computing service providers offer storage and virtual servers that Information Technology or IT staff of a small or medium size company can access on demand. Enterprises are increasingly using Cloud computing technology for business critical needs. Cloud computing technology is quickly replacing the local Information Technology (IT) infrastructure managed and run by small and medium size businesses (SMBs) themselves. Cloud offers capabilities which enable small and medium size businesses (SMBs) to stitch together IT, storage, and computational capacity as a virtualized resource pool available over the network.
In today’s competitive economic environment, as businesses are trying their best to balance and optimize their information technology or IT budgets, Cloud computing can be an effective strategy to reduce the information technology operations and management costs, and to free up critical resources and budget for discretionary innovative projects. Typically, a business organization has a 80 by 20 split between regular ongoing information technology or IT operations cost which includes hardware, software licensing costs, development, data center maintenance, etc. versus new investment for solving needs which are critical for a business to survive in these challenging times. Cloud computing technology can have a significant impact on this by reducing the footprint of information technology operations by taking out the upfront capital investments needed for hardware and software. It enables a new model viz. – use what is needed and pay for what is used model. This entails businesses to invest on innovative solutions that will help them address key customer challenges instead of worrying about cumbersome operational details.
Cloud Computing Technology provides plenty of benefits to small and medium size businesses (SMBs). You get extremely high uptime, that is, almost up to hundred percent. You are free to scale up or down resources. Cloud hosting service provider allows end users to access cloud hosted software from where ever they are located. Multiple end users can instantly share same data file at the same time. End users save much money on Information Technology or IT operations. SAS 70 Type II compliant data centers are used. Experts provide free 24/7 support service via chat, phone, email, etc. Cloud computing service provider uses rolling backup technology to backup data.