Advantages of Cloud-Computing

Advantages of Cloud-Computing

Venios Energy Platform (VEP) Cloud Computing: Cost savings, flexible and scalable IT, increased innovation and collaboration, and improved data protection and IT security are just some of the benefits. Almost half of German companies have already recognized this and rely on solutions from the cloud.

Here are the seven key benefits of cloud computing for your business:

Cloud Computing is Scalable High-Performance IT

The most obvious advantage of cloud computing lies in the scalability of virtual IT resources: these are always available in any amount – by mouse click or automated. Whether storage space, processor power, memory or software licenses, you can add everything to any extent and turn it off again.

With cloud computing, you do not have to provide spare IT resources for peak loads. At the same time, you can easily handle strong and unexpected or unplanned loads and meet service-level agreements at any time. Optimal technical equipment and broadband network connectivity of the data center of your cloud provider will also benefit you through increased performance and availability of the IT.

In addition, there is the possibility of mass data storage in the cloud, which is indispensable for companies in the future when looking at smart meter gateways and metering rollout.

Cloud Computing Saves Expenses & Reduces Investments

The second – also very noticeable – advantage of cloud computing lies in the cost savings: Because only as many IT resources are used as needed, there are no fixed costs for “idle” hardware or software licenses. In addition, IT resources in the cloud are more cost-effective for you as a business because basic costs (acquisition, operation, maintenance) are shared by multiple users.

Capital, no longer bound by high fixed costs, can in turn be invested in the development of products, optimization of value chains or business model innovation.

Cloud Computing Enables Innovation

Using cloud computing opens up completely new spaces for experimentation: without major investments in IT infrastructure or the risk of long-term contracts, you can test new value chains or develop and test entirely new business models. For small and medium-sized enterprises in particular, this means unprecedented freedom and reduces access barriers to other markets and target groups. In addition, you can integrate and deploy new solutions faster within your organisation.

Cloud Computing Facilitates Cooperation

The organizational flexibility of cloud computing is another advantage: Cloud-based cooperation enables new cross-company value chains. As a result, you can increase your efficiency internally within the company and, together with partners, offer products or services that you simply could not implement on your own.

Cloud Computing Technology is Growing with the Market

The innovation cycles of software are getting shorter and shorter. Very few companies are able to keep up with their own development resources at this speed. The need-based rental of appropriate virtual infrastructure shifts this pressure to innovate on the IT service provider. As a company, you can focus on the core aspects of your value chains and move secondary ones – such as Infrastructure as a Service (IaaS) – to the cloud. New hardware, updates of existing software as well as quantitative and qualitative development of resources are the responsibility of the cloud computing provider.

Cloud Computing Remains Compatible

Cloud computing is on the way to becoming standard technology. All major companies and corporations rely on virtualised IT solutions. Cloud-based product strategies will achieve the highest level of compatibility in the long term, while older standards will quickly become outdated (depending on the industry) and out of reach of relevant business partners.

Cloud Computing Increases Data Security & Privacy

The biggest concerns about cloud computing are expressed in terms of privacy and data security. In fact, you can significantly increase your information security in the enterprise through cloud computing. Because commissioned IT service providers are much better able to keep their technology permanently up to date to meet legal requirements. In addition, as a company, you save the corresponding costs for investments, updates, advanced training, certifications, etc.


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