TradeFlock – The Cloud Computing Jan 2018 | Page 7

Benefits of Cloud-Computing Today cloud-computing has transformed the business landscape as it boasts several attractive benefits for business and organizations. Cost-effective: In cloud computing, computer resources are measured at a granular level, eliminating the capital expense of buying hardware and software thereby enabling users to pay only for the resources and workloads they use. Speed: Generally implementation of an application takes month s or a year, but with the cloud-based application you need to sign-up and can start the application instantly, even wide-ranging enterprise applications also start in a matter of days, this gives business flexibility. Global scale: With cloud computing services the user can increase or decrease the number of us- ers, as per the needs and can change over time and eliminating the need for huge investment in local infrastructure. Reliable: Cloud computing makes your data stored securely in the cloud and makes data backup thereby protecting the companies from potential disaster and minimizing the risk of confidential loss. On the cloud provider’s network data can be mirrored at multiple redundant sites. 7