The drivers of innovation technological shifts have resulted in the growth of immense potential among the entrepreneurs. The buzz in the world of technology – ‘Cloud computing’ is acting as a catalyst stimulating this growth by making incredible bulk of resources available right at the fingertip of entrepreneurs.

In the rapidly changing times, cloud is being perceived as a remedy to cure several IT pains. The horizons of cloud-supporting technologies are widening every day, helping businesses to concentrate mainly on the crux of the business instead of being interfered by IT glitches. Cloud applications are adapted to fit the needs of small businesses carrying an urge to advance quickly. Implementing cloud solutions can help small business owners and entrepreneurs to manage information efficiently.

Let’s take a look at capabilities of cloud-based services:

Versatile Computing:

Greater flexibility and reduced up-front costs makes cloud technology a natural fit for SMBs as cloud simplifies the IT processes and accelerates the growth curve. Such benefits offered by cloud empower SMBs to battle toe to toe with other startups and established IT enterprises.

A simple situation describes the immense potential of cloud computing: You reached the client site to present a deal but forgot to carry an important fact sheet that defines the success of the deal. But, before leaving for the meeting you shifted the required data to the cloud which helped to access the data right at your fingertip at the client’s site.

Storing data in the cloud enables secure access to data, using all devices such as PC, tablet and smartphone operating on the same system. This means entrepreneurs can maximize their efficiency by getting the access to information, using any device they have, at any given moment.

Reduction in Expenses:

The launch of startups usually requires expenditure of six to seven figures on hardware, software tools and other equipment. The need for purchasing database licenses, servers and other IT tools and equipment arises just to perform simple tasks such as tracking sales lead, paying bills, etc.

Cloud technology eliminates all such expenditures and costs. This saves up-front capital, reduces investors’ risk which in turn helps entrepreneurs to invest more towards actual business plans. The cumulative effect of this is that startups require less capital to launch its business and can help to retain more of the founding stock.

Cloud computing service excludes the need for onsite servers – taking away with it operating costs and extra space required for storage of onsite servers. Also, the need for managing the network and information by devoted onsite staff diminishes. This leads to improved cost efficiency.

Competent Knowledge Base:

Almost every entrepreneur shares the same experience that it is practically not possible to execute business processes smoothly without a reliable network, computer and associated equipment.

It is often difficult for an average entrepreneur to keep its network up dated and maintain smooth functioning of software and other tools. By making the move to the cloud, entrepreneurs need not to bank upon guesswork.

Your cloud vendor delivers an immediate resolution to any kind of repairing and troubleshooting issue. This enables entrepreneurs focus more on running businesses smoothly, instead of devoting time in performing research on servers and building the infrastructure.

Enhanced Scalability:

Nowadays, maintaining a website forms the crux of every business. But, it is generally not a cost-effective solution to host a website using a dedicated server. Cloud helps to operate a fully-functional website quickly and easily.

Entrepreneurs and SMB owners can enlist the website design services by a developer who implements cloud-services to store entire website information – and may even deliver design services. This enables entrepreneurs to efficiently manage their website by saving time and money.

Although, cloud-services enclose security issues and an additional expense for an entrepreneur, the improved productivity and big savings overcomes the risks. This makes entrepreneurs to focus on delivering the best services which facilitates the growth of their businesses and maximize efficiency.

Conclusion:

Instead of investing vast amount of money in deployment of conventional IT services, newbies can incorporate cloud-based services to run business services more quickly. Merely, with few mouse clicks cloud-enabled services can turned on or off. The traditional IT services needs such as relocation, outsourcing, etc. get over as cloud adjusts smoothly and immediately with the needs of startups’.