Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


By Michelle Stark, sales and marketing director of domain and server providers, Fasthosts.

Is your business on the cloud? We’re not referring to cloud nine here, we’re talking about cloud computing. In a nutshell, cloud computing is when computing services are delivered by non-localised networks via the internet, using cloud servers rather than on-site ones. That includes databases, software, storage, networking, analytics, and much more.

The collaborative aspect of cloud computing

One benefit that stands out from using cloud computing is its collaborative nature, which gives incredible flexibility to employees. And with a more globalised world, it allows companies to be more cohesive in projects. Being on the cloud ensures that data can be accessed securely from anywhere in the world, by anyone and at any time. This system enables users to not be restricted by geography or time zones, so there’s no frustrating access barriers. And when time is money, this is crucial. So whether you’re delivering educational courses, developing a new application, or accessing IT infrastructure from multiple locations, cloud computing is incredibly useful and offers so much flexibility in keeping business streamlined and cost-effective.

Cloud computing and scalability

This system certainly isn’t a static one; it has lots of expansive potential, and it’s so important to consider this when investing in new technologies. Cloud computing can work with your expansion in projects, upgrades, storage, applications etc., and it also allows you to customise set-ups – whether your servers are physical, virtual, or a mix of both. What makes cloud computing scalable also comes down to its multitude of uses. For example, the cloud can help with game servers, where cloud hosting can offer up powerful performance, with plenty of flexibility if you need to scale. Whether you need custom maps and mods, game servers let you play around. Cloud computing is also perfect for developing software that can be scaled as projects grow. As you develop, you can easily save snapshots and restore previous versions.  

Security and reassurance

As a business owner, the last thing you want is any qualms on security, especially when it comes to data. One of the main drawbacks of physical servers is the unreliability of them during unforeseen disasters, like power outages and natural disasters. If a fire or flood tragically hits your business, your physical servers are under serious threat, not to mention, your costs in repairing and replacing them skyrocket. When a server is cloud-based, this concern vanishes. With a non-localised set-up, cloud computing can provide a more secure and reliable solution, with user and device authentication and robust anti-malware defences against cyber threats.

Smart investment

Cloud computing is just good business. With physical servers, a lot of power is needed, and they are susceptible to damage, which means there’s the financial burden of maintenance and repairs. When servers are in the cloud, all maintenance costs fall under the responsibility of the server provider, and the hardware is elsewhere.

The way in which cloud computing works is also kind of like a pay-as-you-go system. So businesses only pay for software that they are utilising, and if there’s any software that’s not working for the business, you can cancel when you need to. A lot of businesses therefore save money from the get-go with cloud solutions, when they can pay for what they need and be more precise with the pay model. If companies go down the route of in-house, then costs can rise through investing in hardware, software and in the upkeep. So if your capital is constrained, you may want to hop on the cloud.    

Energy-saving tech

As well as being more eco-friendly, cloud technology is a money and energy saver. With physical, internal servers, there’s a hell of a lot of energy and electricity that goes into keeping them and all the hardware powered up. Therefore, cloud computing provides more energy efficiency as it reduces your power usage, which obviously drives down those bills. 

Productivity is increased

Not only do businesses save in hardware costs when switching to cloud solutions, but they also benefit from increased productivity. Cloud software is much faster to implement than the standard installation of hardware. We’re talking hours to get things set up with cloud computing as opposed to weeks or even months for company-wide installations. What does that mean? Your workforce isn’t waiting around too long; they can crack on and reap the benefits of a more streamlined system quickly.

Businesses using cloud computing

It’s worthwhile having a peek into some of the businesses that are on the cloud that are doing incredibly well on it. Global giants such as Netflix, Pinterest, eBay and Apple are all floating along happily. For instance, taking a look at Netflix, this company was grounded in a business subscription model, starting out as a DVD-rental service. How far this business has come. Flying high, it’s now producing its very own groundbreaking shows and films, with the power to even send 80s tunes back into the charts from its global hit Stranger Things. With a mighty log of accounts – hundreds of millions of global customers – this site and app needs a reliable computing system that can handle all that data, activity and hours and hours of streaming. That’s where cloud computing has helped massively, with Netflix being able to move all that data into the cloud, like a breeze. 

So whether it’s huge-name companies or smaller enterprises, a whole host of businesses can reach cloud nine and save money with the emergence of new computing technologies that serve to make data handling, transfer and software development so much more efficient. It’s just a case of looking up cloud providers and finding the one that will serve your business just right.  


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts