According to predictions by leading authorities in IT, by 2014, most of the small businesses will spend as much as $100 billion on cloud computing services. What makes this latest IT innovation so perfect for start-ups? Read more.
2. Start-ups usually struggle with two issues – frugality and big
dreams. The common dread is of having their tightly budgeted
resources depleted by expenses, both accounted and
unaccounted for. By using alternate innovative means like cloud
computing, these start-ups can drastically reduce their operation
costs.
3. So, why exactly is cloud computing so
great for startups?
Here are top 5 reasons why every start-up needs to
seriously consider using cloud-based services:
Lower capital expenditure
Scope for greater innovation
Fast and easy flexibility and scalability
Disaster Recovery
Automatic updates
4. Lower capital expenditure
Cloud computing offers ‘pay-as-you-consume’
services
A start-up needs to conserve its precious finances
It is faster to deploy
And, so, start-ups have fewer project start up costs to
begin with
5. Scope for greater innovation
Since start-ups get to save resources, they can
channelize that into other innovative tasks
More time, money and manpower can be
devoted to building the company’s core
strengths
Instead of getting bogged down by tedious
expenses, they can now enjoy the freedom to
make their dreams come true
6. Fast and easy flexibility and scalability
Demands for expansion can be met with instantly
In a competitive market environment, this ability to
quickly meet business demands is crucial
No need to waste time in planning, purchasing and
executing
The cloud company takes care of everything
7. Disaster Recovery
Cloud computing relieves start-ups from spending
money on expensive disaster recovery systems
Their disaster management and recovery processes are
much more advanced and faster
Studies have found that start-ups had a faster recovery
time than large companies – almost twice as fast
8. Automatic Updates
Software and security updates form a crucial
part of any website’s maintenance
Companies end up spending almost a quarter of
a month on taking care of updates and server
maintenance
Cloud computing frees up a company’s valuable
time and resources
It also ensures that they get the most advanced
and latest updates for their systems and
software