The Benefits of Cloud Computing: More Efficiency With Big Data

Posted by Cedric Joshua Martinez

Sep 7, 2020 8:04:00 AM

Business analytics is important for you to stay competitive in the modern business landscape. The benefits of cloud computing for big data analytics can be a leverage to outsmart your competitors. 

imagery of cloud computing benefits

As your company grows, the data you handle everyday grows and multiplies over time. While all these information are vital in making your operations seamless, organizing them under one platform can be a big help to make a sound business decision. This is where the cloud comes in. 

Like a man holding too many limes from the grocery store with nary a shopping bag to put them in, you’ll find it nearly impossible to balance all effectively, or to avoid dropping them as you walk out. The cloud serves as a container for all your big data- helping you store information in an organizational manner and ensuring all data are in place.  

Benefits of Cloud Computing

  1. Gaining infinite capacity 

Imagine the paper bag again, but with limes smaller than a grain of sand. That’s how much data can be stored within the cloud. 

However, storage is only one of many benefits cloud computing has to offer - a list that continues to grow as big data technology advances. Like the internet, this is one of the business world’s major turning points  in its journey to the future so make sure not to be left behind.

  1. Convenient access to information

One of the cloud’s biggest benefits is its quick accessibility to vital data, even when you’re on the go.

The cloud uses its internal servers to quickly analyze, compute, and move information to and from different locations, much like instantaneously chatting with people miles away through the internet. This leads to a faster and smarter predictive analytics, which in turn helps your business reach the top of the competition.

  1. Accessibility to latest technology

Technology tends to have an exponential rate of growth when it comes to performance and efficiency; unfortunately, so does its price. With an average desktop or laptop already being expensive, computers with a hundred or even a thousand times more power will cost you ludicrous amounts of money.

Cloud computing solutions remove installation and maintenance costs and other operating burdens from your shoulders as these providers already have the infrastructure and expertise to handle such operations.

 

  1. Easily catching up with trends 

Cloud computing is designed with the client’s ease of use in mind (or else it wouldn’t sell that well). 

Much like a car, you simply need to turn the ignition and drive; however, you won’t get anywhere if you circle around the same roads forever. In the ever-changing field of business, new things will inevitably pop up that will affect your business. This is your opportunity to gather information in order to always stay ahead, no matter what circumstances arise. 

Big data and cloud computing enable you to easily handle and accommodate more information for analysis. For example, if you were to set up a website, you can use these tools to gather additional information  such as click rates, page visits, and even customer information as your potential visitors become leads.

Next: Read our Primer on Robotic Process Automation 

Like what was mentioned above, this list will continue to grow as research on big data technology continues to progress. More companies adopting big data analytics will also set the stage for more innovations to come and reap the benefits cloud computing brings to the table.

 

Interested in using cloud for your big data analytics? Contact us at  D&V Philippines, and be one of the many companies all around the world entrusting their financial future to our expert hands. Talk to us today!

Business Analytics Solutions For Your CompanyThis post was first published 23 June 2016  and edited 7 September 2020.

Topics: Business Financial Forecasting, Cloud Solutions

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