How Can Small Businesses Practically Benefit from Cloud Computing Research Paper

How Can Small Businesses Practically Benefit from Cloud Computing - Research Paper Example Companies can switch services or use more complex software and platforms without incurring any capital expenditure. This arena has special implications for small businesses as they have the most to gain from it. The decrease in costs helps small businesses and start-ups to access and use applications that they could not afford before. It also enables them to share data and communicate easily with remote locations. Cloud computing is not dependant on any system except internet and thus things can be done faster and more efficiently. New applications can be launched and implemented without incurring high costs. Cloud computing systems can provide smaller companies the same level of software as large companies at lower costs. Cloud computing systems have better security systems and are better at managing and processing data. They can accommodate the company’s needs during peak seasons and reduce operating costs during low seasons. The pay as you go method decreases wastage of res ources and finances and helps in trimming the IT budget. The around the clock availability of data helps in increasing productivity. Thus, smaller companies face numerous benefits from cloud computing. The issues of privacy and security should however be considered. The cloud service provider can retain and use information about the business and is not held responsible for data security. Many instances of servers crashing have been noted causing many companies losing their data or being unable to access their files. Small businesses should always conduct thorough research and read the fine print before committing to cloud applications. Business needs should be kept in mind and a reliable vendor should be chosen.