Cloud Computing Cost Savings

Cloud Computing Cost Savings

Dennis Snider

379 Posts



Cloud computing is now firmly established as the number one choice for many companies, large and small, to run their computer operations. There are numerous reasons for this, including better security, less likelihood of data loss, and faster operations, but one of the main attractions will always be the cost savings that cloud computing can make.

For those unfamiliar with the concept, cloud computing involves using IT resources that are based on the Internet: all company data can be stored in the cloud, and all necessary applications, e.g. spreadsheet software, email, websites etc, are accessed from any authorised location or device.

Here are the main ways in which switching cloud computing could save you and your business money:

Big reductions in set up costs: because cloud computing is generally done on a subscription, pay-as-you-go basis, it makes setting up an IT operation remarkably inexpensive. You don’t have to pay for expensive hardware, storage capacity, software packages or maintenance contracts.

Best use of hardware: everything you need for your operations will be stored in the cloud, which can be accessed from any mobile device, laptop, home computer etc. You don’t need to worry about keeping and maintaining servers, continually upgrading hardware, etc: as long as you have an Internet connection, you’ve got access to everything you need.
Energy consumption: IT infrastructure uses a massive amount of electricity, particularly if you have to keep servers running round the clock. Cloud computing companies make enormous economies of scale, and this benefit you as you will pay far lower prices for running your system then you would if you kept it in house.

No need for an IT team: with everything taken care of in the cloud, you won’t need an in-house IT team to manage your operations, saving on salaries, office space, benefits, training and more.

No unnecessary duplicated hardware: if you run your IT systems in house, you essentially have to pay for two of everything to make sure that you have backup in the event of a systems failure or disastrous occurrence such as a fire or flood. This obviously runs into money. If all your information is stored in the cloud, whatever happens to your physical premises you can keep your business running with a minimum of fuss.