Cloud Storage as a Cost Saving Measure for Businesses

[Etini]

I could remember back then in my university administrative offices, there were plethoras of filing cabinets that were full to the brim with different kinds of disks. Computer servers all were slow for students to retrieve information because it held ever expanding information and data of the university. Now that description is how some business organisations still operate till today. They have failed to embrace cloud computing as a cost saving measure for their businesses. How does cloud storage then help a business minimize costs?

1) Huge Upfront Investments in Hardware Eliminated: When you embrace the cloud, you won't have to spend so much money on hardware devices for the computing needs of your business. Buying hard disks and other computing devices of high end specs is not necessary. You just subscribe to the optimal resources necessary for your business on the cloud.

2) Costs of Maintenance of Hardware Eliminated: When you move to the cloud, the technician that troubleshoots and maintains your storage hardware is kept at bay and that expenses kept back in the organisation. Maintenance costs is borne by the cloud service provider.

Add these two points to the fact that you only pay for the space that you use in the cloud only, we can see that there is enough costs saving incentive for businesses to embrace the cloud.

 

[King bell]

There are huge cost-saving advantages that come with cloud storage. In this case, companies can decrease the need for physical storage infrastructure such as servers and hard drives by storing their data and files in the cloud. Thus purchasing, maintaining, and upgrading hardware will be done away with.

Businesses can also pay for only the space they require so they don’t have to buy a fixed amount of physical storages which might be underutilized or insufficient as data grows. This helps optimize costs and ensures businesses pay only for what they use.

Moreover, employing cloud storage does away with on-site data backup and recovery systems, saving businesses from spending money on implementing and managing these systems. In cloud storage’s case, data backups are automated and performed by the provider in question reducing chances of losing information while at the same time minimizing financial impacts linked to possible disasters.

Additionally, it is important to note that scalability is one of the most obvious benefits of using cloud storage because it enables one to increase or decrease their storage capacity depending on their needs. By doing so there is no need to invest excessive capital at first for storing infrastructure or take risk over-provisioning required.