5 Ways Cloud Computing is Supporting Businesses during Covid-19
This quote perhaps is summing up the life we are living during the Covid-19 pandemic. The way we have managed to survive with the changes and “New Normal,” businesses, too, need changes to survive in this pandemic affected the world of trade and commerce.
We are well aware of the debilitated world economy that is badly inflicted by Covid-19. This virus has made all the market predictions for 2020 futile. For instance, let’s have a look at Dow Jones. The company started the year with trading at nearly $30,000, and market experts were pretty sure of the steady upswing throughout the year. Unfortunately, Dow Jonas managed to hit at $24,861 by the first week of May.
The complete shutdown and mass layoffs across the country have further fueled the crisis. As social distancing seems to be the only solution, businesses, regardless of sizes and industry, face challenges. To survive in this extraordinary situation, most companies are leaning towards cloud computing.
Here we’ve discussed five ways cloud technology can help a business during this pandemic. Let’s have a glimpse of them:
1. An Efficient Work Platform
As COVID -19 has mandated the concept of “Work from Home,” businesses are required to provide their employees with a simple, easy-to-use, and reliable work platform. This platform should have well-integrated systems that employees can access and through which employees can interact with each other. Cloud is the best technology for developing such efficient work platforms.
2. Easier Collaboration
Information sharing and communication are an integral part of the modern-day work environment. Working from a remote place often obstructs information sharing. Employees need an organized solution to send and receive information. Cloud computing comes up with file syncing, co-author features, lots of editing options, and credible applications for sharing the data in real-time meetings.
3. Reduced Operational Costs
Earlier, we have already discussed the global financial crisis. In this situation, every business is bound to cut its operational costs. Therefore, these businesses are looking for solutions that can be operated with a limited workforce. Cloud platforms such as SaaS helps a company automate some required processes for which work resources are limited.
4. Strong Customer Base
Many businesses depend on the storefronts to operate their regular business functions. During this pandemic, they are forced to close their doors. It has made the customers disappointed at some points. With cloud-based software services, businesses can let their customers access their products and services. It is rapidly strengthening the relationship between the companies and their customers. This way, cloud platforms escalate customer satisfaction and improve customer base.
5. Improved IoT Solutions
Cloud computing and the Internet of Things or IoT are interconnected. IoT produces a vast amount of data, whereas cloud computing creates a pathway through which the data produced by IoT can travel to its destination. At this time, most people are confined to the home, and it has increased the emergence of IoT operated systems such as Alexa, Google Home, smartwatches, refrigerators, home security systems. Manufacturing of these systems needs support from cloud computing technology. This way, cloud computing helps improve IoT devices.
Bottom Line
No one can predict or resist disasters and emergencies. Therefore, it is essential to be ready for every challenge. Remember, “The show must go on.” In this context, the business activities must go on with no disruption during a disaster like the Covid-19 pandemic. That’s why it’s high time for the businesses to catch up with the hour’s technology- Cloud Computing.
