As your business grows and you collect more data, your need for efficient data storage solutions increases. Luckily, cloud computing and Data Security Posture Management make it much easier and safer to accommodate increasing volumes of data.
The cloud enables you to expand your data storage without the need for an increased amount of physical storage space. With effective Data Security Posture Management, you can enhance your security and minimize data loss in multi-cloud applications.
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What is the Cloud?
Cloud computing refers to a type of technology that enables you to store and manage your data. The cloud stores your data off-site and virtually, as opposed to on-site using hardware and software.
Cloud infrastructure offers a number of different features that enable you to manage your data more effectively. You can use various servers, databases, and software to access your data from any location and manage your account using a web browser.
There are three different types of cloud infrastructure – public, private, and hybrid.
- Public clouds are owned and operated by a third party company (usually the cloud service provider) and have unlimited scalability. If there are any issues with the server, the provider will generally resolve them so the business can continue with its daily operations.
- Private cloud solutions are managed by a single company (such as the business itself) and offer enhanced privacy and security. It has data protection and cloud recovery features.
- Hybrid options combine both public and private cloud features. This is becoming an increasingly popular option across businesses in multiple industries because it provides scalable, flexible, and cost-effective data storage.
Why Should You Adopt Cloud Infrastructure in Your Business?
More than 75% of modern-day businesses have now adopted a public or private cloud system and by 2025, over 100 zettabytes of data will be stored in the cloud. This is no surprise when you consider all of the advantages that the cloud provides for businesses.
The cloud offers a solution for maximum data security, scalability, and flexibility in your business. Let’s take a closer look at the advantages of using cloud computing.
Scalability
Being able to scale your data storage is fundamental to your success as a business. As the years go by, you will collect more and more data, and you will need somewhere to store it.
The cloud eliminates the need for increased physical storage space as your datasets expand. In the cloud, your data is stored virtually and off-site, so no matter how much data you collect, you can easily scale your storage solutions.
Not only is this more convenient for you as a business owner but it’s also much cheaper. Physical storage space is expensive, so eliminating this completely will cut your costs significantly. Although you will need to pay to use cloud computing, the costs will be minimal in comparison.
Enhanced Data Security
Cybersecurity is paramount, especially when all of your data is stored virtually. If you want to reduce the risk of data breaches and cybersecurity threats, you need to implement stringent security measures.
Using effective cloud computing solutions, you can enhance the security of your data. Because you can access and manage your data remotely, you can continuously monitor your system and take action immediately if necessary.
Most cloud solutions store your data across multiple locations, which makes it even harder for hackers to access your system. Many also offer the option to switch on two-factor authentication (2FA) to add an extra layer of security on top of your other safety measures.
Easier Data Management
Using cloud computing makes organizing your data smooth and simple, even as you expand your datasets. You’ll be able to tag and categorize according to your needs and limit access to certain sets of data so only certain individuals can view or edit it.
Because you can manage cloud-stored data remotely, you have full control of your data no matter where you are located. With the cloud, all of your data is stored in a central location if you want it to be, so you have a 360 view of what’s going on in your business at all times.
Reduced Costs and Increased Profits
Data storage and management are expensive and the costs usually correlate to the amount of data that you have. Although you can’t completely mitigate the costs of data handling, you can certainly minimize your expenses.
Using cloud computing is one of the best ways to cut your costs, despite storing large volumes of data. The virtual storage of data costs less than physically storing your data on-site. As a result, you can collect a wide range of data in your business without worrying about the associated fees.
