It’s one of the hottest buzzwords in the world of information technology at the moment, and it’s already making waves in the business world as a tool for more efficient, secure and accessible data storage.

Cloud computing, the practice of managing data on remote servers hosted online rather than on the hard drive sitting under your desk, is becoming increasingly common with every passing day. Everyone from consumers with smartphones to global corporations looking for a more sophisticated way to store their data are moving to the cloud for their information processing needs.

If your business isn’t taking advantage yet, then it’s time to join the cloud revolution. Here is an outline of some of the ways that a shift to remote data storage can boost your business as well as a look at what the future holds for this innovative technology.

How cloud computing services can help you

Although cloud data storage is a relatively new technology, the reality is that it is already changing the way that many companies do business, and this trend is only set to accelerate. With cost savings on offer and more streamlined processes available, it’s no wonder that a recent survey found that 74% of businesses use some kind of cloud-based system for their data needs.

First of all, joining the cloud offers fantastic flexibility. With many such services, you can take up as much or as little space as you need and allow the supply that you receive to remain elastic. If you experience a sudden burst of growth, for example, then you don’t need to spend money on a larger storage system as you would without remote servers – you can simply tell your cloud provider that you would like to take up more space.

There are many other benefits, too. Cloud computing means that employees can easily log in remotely and get hold of important files whenever they need them, even if it’s an evening or weekend. Gone are the days of fiddly work-from-home systems that take too long to install. Cloud computing systems allow your team members to log in through a simple yet secure interface and get working from wherever they are in the world.

With cloud systems, downtime is often slashed. Because servers in the cloud are usually shared, the pooling of support resources from all the different users means that the equipment is managed by dedicated IT teams whose speed and knowledge far outweigh the in-house teams of any one company.

The pioneers of cloud computing

As cloud computing grows in popularity for businesses, those driving the arrival of the technology and placing it into the business mainstream are enjoying lots of success.

An interesting case study is the New York City-based company Infor, one of the world’s biggest providers of software applications for enterprises. Its CEO, Charles Phillips, the former President of marketing database software company Oracle, trail-blazed the idea of placing entire industries into the cloud and led Infor to what it is today – a go-to provider of cloud-based services backed by scientific insight and high functionality.

As a result of Phillips’ and his team’s foresight, Infor’s user base is growing and growing, and it currently has over 58 million cloud users taking advantage of its services. Countless enterprises around the world have already benefited from the company’s offering, and as Infor looks to the future of cloud tech, it seems brighter than ever.

What the future holds for cloud computing

While it might already be bringing benefits to businesses across the globe, the shift to cloud computing has really only just begun.

In the future, it’s likely that businesses will be more able to take advantage of easily integrated hybrid cloud systems. For example, it is set to become simpler and faster to move your data from one cloud service to another, and it will also soon be commonplace for businesses to have subscriptions to a variety of providers who can each match their unique advantages to your multiple, differing data needs.

It’s also likely that as cloud technology develops, it will become even more secure than it is now. Already, hosting data remotely on a large server with advanced, efficient back-up systems rather than in your own building prevents your business from losing vital information in the event of local disasters such as fires or flooding. The development of new data encryption methods and the advancement of decentralized techniques such as blockchain is only going to make cloud computing even safer.

Cloud computing has changed businesses across the globe. With enterprises everywhere taking advantage of features such as high reliability levels and easily scaled supply, there’s never been a better time for businesses to engage with the future and join in the cloud computing revolution.