In 2021, experts estimated the market size of global cloud computing services to be at $445.3 billion. Come 2026, they forecast that to more than double and reach $947.3 billion.
All that proves how cloud-based solutions are integral to consumers and businesses. After all, it allows users to access vital computing services from any location.
So, as a business owner yourself, it’s time to consider utilizing cloud-based services. We rounded up three of the must-haves for businesses in this guide, so be sure to read on.
1. Cloud Storage
As of 2020, the world has already generated an estimated 44 zettabytes of data. That’s 44, followed by a whopping 21 zeroes.
With such an immense amount of data procured, it’s no wonder cloud storage has become a vital service. That’s because it allows users to save data and files in an off-site location. Users can then access their data stored on the cloud, so long as they use an Internet-connected device.
As cloud storage utilizes an off-site location, users no longer need to rely on hard drives. That also cuts the users’ costs, as they don’t have to spend money on data storage devices. Instead, the cloud storage provider buys, stores, and maintains the equipment.
Plus, some cloud storage providers offer cloud-based server backup solutions. These services create backups of the data stored in the users’ servers. Users can then access the backups anytime online.
2. Cloud Security
Analysts believe that by 2025, the global cost of cybercrimes could reach $10.5 trillion per year. Those losses, in turn, are likely to arise from ransomware, identity theft, and fraud, to name a few.
For that reason, it’s a must for anyone who uses the cloud to employ cloud security. It protects online data, including those saved via cloud storage solutions. It safeguards digital data from breaches, leakages, deletion, and theft.
Firewall and malware protection are two cloud security tools every business needs. Just as crucial, though, is the use of virtual private networks and SAP security. Cybersecurity experts also recommend implementing identity and access management (IAM).
3. Cloud-Based Collaboration Software
A cloud-based collaboration software program lets two or more users work together. For a start, the app shows all changes in real-time. In that way, users know which part of the job is through and which ones still need completion.
Moreover, robust collaboration apps include features like time tracking and direct messaging. They also let users set notifications, reminders, and priority levels for various tasks. Some even come with accounting or invoicing solutions.
All those features make cloud-based collaboration apps invaluable to teams and remote workers.
Give These Cloud-Based Solutions a Must-Try Now
There you have it, the top three cloud-based solutions you should invest in for your business. Best of all, many of these services are scalable. That means you can choose only the specific services you need and then pay only for what you use.
Besides, cloud services for small businesses are often low-cost. That’s all the more reason to try them out today.
Ready for more tech and business news? Check out our latest posts on these topics, then!