5 Ways How Cloud Technology Is Bolstering Entrepreneurs’ Effectiveness

In the past, small business owners have been limited to what resources were available to them in terms of internet based technologies. Today, however, with the technological world booming and advancements on the rise, small and medium business owners have available to them nearly all of the same resources as larger organizations. Do you recall the days where if you needed to work after hours from home it was required that you send email files to yourself or copy documents to a floppy disc? If not, you’re lucky, those days were awfully inconvenient.

In the past, small business owners have been limited to what resources were available to them in terms of internet based technologies. Today, however, with the technological world booming and advancements on the rise, small and medium business owners have available to them nearly all of the same resources as larger organizations. Do you recall the days where if you needed to work after hours from home it was required that you send email files to yourself or copy documents to a floppy disc? If not, you’re lucky, those days were awfully inconvenient. With the rise of new (or not-so-new anymore) technologies such as the cloud, you can have access to all of your important files and documents from anywhere, at any time.

Simply put, the cloud is referred to as the type of computing that is internet based. The cloud itself is a storage solution that provides users with a number of capabilities aimed at enhancing the effectiveness of shared resources. A few inherent positive characteristics that the cloud boasts include:

• Reliability
• Productivity
• Performance
• Cost
• Maintenance
• Agility

If you are starting a business, as you know, there are many critical decisions that you will be faced with. Being properly educated in all areas of which you will be faced with crucial decision making is the key. That being said let us help you educate you a bit on cloud system and how your business can benefit from them. Here are 5 ways that cloud technology can help increase entrepreneur effectiveness within your business.

1) Flexibility

In the old days, when starting a business, entrepreneurs had to use various barometers to anticipate the growth of the business and the acceleration of growth. Today, thanks to the cloud, business owners have the ability to tap into the cloud to help them acquire services that will allow them to fulfill instantaneous needs.

A new business requires flexibility to be able to try new things, to see what works and what doesn’t, and to be able to adjust as necessary given busy and slow seasons. The cloud lets businesses do just that.

2) Security

The common perception is that putting valuable information into the cloud can be dangerous. One of the most common misconceptions is that if you have a prized intellectual property uploaded to the cloud, it might be hacked one way or the other. In reality, the exact vice-versa is the only fact. The cloud should be thought of as one of the most secure banks in the world – if you have a few million in cash on hand where are you going to put it? Not under your mattress, that is for sure. No, you are going to march right down to your bank and deposit it with no uncertainties. That is because they have security and they have insurance. Well, so does the cloud. Company moguls such as Google and Amazon putting so much of their resources into the cloud, you can be sure that the security is just about as good as it gets. The cloud has constant monitoring and proactive cloud-solutions that deliver the most secure of experiences for its users.

3) Logical Investment

As mentioned previously, as an entrepreneur you will be faced with many critical decisions regarding your company. Making logical investments early on is essential to a positive startup and the successful life of your business. Making the proper logical investments will allow your up and coming venture to get up and running faster, as well as allow for more positive impacts. Getting started there are three main areas of focus that should not be overlooked: website, operations and applications. Placing the company’s operations and applications in the cloud has been proven to be the logical move. Your company’s phone system will fall under this umbrella. Traditional phone systems are an expensive choice now-a-days, with a lot of maintenance and responsibility that come along with colossal space consumption. Cloud-based phone systems offer a compact, convenient, practical, efficient, reliable and cost-effective solution to traditional phone systems.

4) Increased Productivity

Using a cloud storage system for your business will offer the convenience of having all of your business data available to you anytime and anywhere you need. This not only makes you more productive as a business owner, but also makes your employees more productive and their efforts more efficient. Gone are the days where you are not able to access a critical file at a crucial moment. With the cloud you have everything that you need, every time you need it.

5) Enhanced Collaboration

In today’s business environment a company that has poor internal communication structure is a company that is not going to last long. The workplace is all about understanding, communicating, collaboration and teamwork. The cloud helps all of the above to happen with ease thus, encouraging productivity and exceed goals, which ultimately leads to growth and increased profits. Thank you again cloud.

As it stands today, it is as if the things that business owners can do with the cloud and the benefits that they have to gain from its use are beyond measure. The future is sure to bring even more useful tools and convenient solutions, of which you and your business are almost guaranteed to benefit from. Get your business on the right track, keep it there and watch it grow with the use of the cloud.