5 Reasons Small Businesses Need to Migrate to the Cloud
If you’re still considering whether or not your small business should be in the cloud, it’s time to stop thinking and time to take action. Cloud migration solves a number of major issues and helps your small business become more agile, competitive and profitable. Here are five reasons why you need to migrate to the cloud and examples of small businesses that successfully made the transition:
1. Lower IT Budget
A traditional IT department can eat up your finances. Even with a small department consisting of an IT manager, systems administrator and technician, you will probably spend more than $100,000 a year, according to NetStandard. If you add the cost of desktop hardware, software licenses, storage and backup solutions, it goes even higher. Maintenance for traditional systems also adds up. By moving to the cloud, that becomes your service provider’s problem. Cloud service providers have the latest working version deployed, which gives you one less thing to worry about.
A great example of a small business that saved money using the cloud is Bottom Line Consulting. The company saved $4,000 in up-front costs as well as other maintenance costs, due to a migration to the cloud.
2. Less Wasted Time
IT maintenance also takes time. For example, DPR Group found that it was spending a lot of time and money troubleshooting and repairing its IT infrastructure. Founder Dan Demaree says that its previous managed services provider had regular staff turnover, which meant that DPR staff spent time explaining their needs to different people. He calculated that his employees were losing seven to nine days per year in productivity as a result, so he decided to search for a new cloud provider. He decided to use a fully hosted cloud model that mirrored the company’s local setup, so his employees could be more productive and waste less time.
3. Stable Costs
Software licensing is another big cost for small business. Your choices are to pay for software that you might not use or risk not having enough licenses for all of your employees. This isn’t a problem with the cloud. Instead, cloud service providers offer pay-as-you-go models, which means you only pay for what you use and you know exactly what your costs will be. As a bonus, if you need to scale up your services, you can do so with a single click.
For instance, storage provider LOVESPACE found that cloud migration enabled the company to scale up services while maintaining quality for its customers.
4. More Flexibility
Cloud-based software enables everyone involved in a project to access services and data from anywhere. Working from home can increase productivity, so it’s good for both you and your employees. In addition, cloud software makes it easy for people in multiple locations to collaborate through document sharing. This lets you recruit employees from a wider pool of talent instead of limiting yourself to who lives in your area.
5. Better Security
If you’ve ever lost data because it wasn’t backed up or saved, you know how costly that can be to your business. Cloud providers keep your data secure and backed up, so you never are at risk of losing your data again.