Let’s start with the most obvious question – What is PropTech? The name PropTech is an amalgamation of the words “property” and “technology”, and is also commonly referred to […]
According to statistics, cloud data centers will be responsible for processing 94% of workloads in 2021. Considering that 90% of companies already use cloud services, the prediction is very much reliable. With such a high adoption, there must be a strong reason why so many trusted the solution and invested in the cloud-based hosting. Here, the secret is in how cloud computing benefits a business.
The cloud computing technology contributed to an increase in the productivity and stability of many businesses. Providing a convenient way to store, manage, and process data, it relieved entrepreneurs from critical hardware maintenance costs. Want to know how cloud computing benefits a business? Let’s start with the definition.
Cloud computing takes place on the network of servers hosted remotely on the Internet. By hosting software, platforms, and databases, cloud servers free up the memory and computing power of our computers. Meaning when we process data using the cloud, our device doesn’t need to work as hard. It’s like investing in a virtual office for our database instead of investing in a real space for physical servers.
Backend as a Service (BaaS) is a popular cloud-based solution that enables companies to create digital products without investing in building their backend infrastructure. Depending on the BaaS provider, the solution will allow you to connect your app frontend to the backend via APIs and SDKs. It greatly automates the backend side development and maintenance. BaaS solutions are the best choice for startups and SMEs that need to speed up their development and time-to-market.
Cloud computing benefits a business in four major ways.
The first and the greatest benefit of cloud computing solutions is the scalability. It minimizes the risks associated with in-house operational issues and maintenance. The cloud server capacity is suited to your needs. You can scale the resources to accelerate the development or reduce the space to balance the budget. The point is, you control the situation and can quickly take action in response to the current state of your business.
You can access the cloud-based database from any web-enabled device (smartphone, laptop, etc.). As it is Internet-based, your employees can access files whenever and wherever they need to. It creates an opportunity to cut the amount of office space (costs of renting) and let people work remotely. The staff can collaborate in real-time thanks to the file synchronization.
Using cloud servers you can be sure your data is fully secured. Cloud providers are required to comply with a range of strict regulations in terms of data protection to detect threats before they reach clients’ data. Your database is protected by robust firewall technology and cryptography (encryption techniques). In addition, users can enter the servers only using credentials provided by a cloud-computing provider. For companies with high expectations regarding the level of security, there is also an option to extend the service with VPN features.
The fourth way of how cloud computing benefits a business is sustainability it builds through a significant reduction of IT costs. For sure, to buy additional space in the cloud is much more convenient than renting an actual space for your servers. Without the hardware maintenance costs and large office space, your spendings are automatically reduced. What’s more, by investing in a BaaS solution you can significantly speed up the time-to-market of your app and reach the audience before your competition. Lastly, the ability to scale and shorten the resources whenever you need gives you control over the development of your business.
High costs of development and maintenance are included on the list of challenges of product development for startups. That’s why we present the two great BaaS providers who will help you save some money upfront.
It’s a mobile and web development platform held by Google. Using Firebase you can quickly set up your app authentication and build the backend side of your product. The platform offers a range of services from which the most popular is the Realtime Database. Before you decide on the solution, check out the pros and cons of Firebase.
With the AWS you can speed up your development. In the beginning, the platform offered only one service. Today, the company has more than 140 services in offer and helps to get new businesses off the ground. Check out how AWS shortens time to market.
Regardless of the size of your business, cloud computing can increase your operational efficiency and productivity. It’s a cost and time-effective solution that requires little workload to achieve great results.
If you have any questions about how to optimize processes in your company or how to effectively implement a cloud solution – contact us today and we will help you boost your performance!