1. Decrease In Cost: The biggest advantage of cloud computing is the elimination of the investment in stand-alone software or servers by the user. By cloud computing, one can easily save the overhead charges such as cost of data storage, software updates, management, and most importantly cost of quality control. Now anyone can use the services of cloud computing at affordable rates.
Cloud computing is probably the most cost efficient method to use, maintain and upgrade. Traditional desktop software costs companies a lot in terms of finance. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud, on the other hand, is available at much cheaper rates and hence, can significantly lower the company’s IT expenses. Besides, there are many one-time-payments, pay-as-you-go and other scalable options available, which makes it very reasonable for the company in question.
2. Speed and Scalability of Cloud Services: With cloud computing, the user has no need to install the hardware or software for a new application; he or she can easily scale up or down the services, limiting them according to their requirements. There are many data centres that are located at multiple locations for the storage of data from near locations.
3. Almost Unlimited Storage: Storing information in the cloud gives you almost unlimited storage capacity. Hence, you no more need to worry about running out of storage space or increasing your current storage space availability.
4. Backup and Recovery: Since all your data is stored in the cloud, backing it up and restoring the same is relatively much easier than storing the same on a physical device. Furthermore, most cloud service providers are usually competent enough to handle recovery of information. Hence, this makes the entire process of backup and recovery much simpler than other traditional methods of data storage.
5. Automatic Software