Principles of an Effective Cybersecurity Strategy

According to MetricStream’s, ‘The State of Cyber Security in the Financial Services Industry’ report, around 66 percent of financial services institutions have faced at least one cyber-attack in the last 12 months. The cost of this can even result in a complete shutdown of the business."

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How Small Businesses Can Optimize Their IT Efficiency And Costs With Cloud Computing

How Small Businesses Can Optimize Their IT Efficiency And Costs With Cloud Computing

Cloud computing services are becoming more popular day by day. As more businesses get onto the platform, the results are different. Some companies complain of lower efficiency and sometimes higher costs in their daily activities. Given that cloud computing has many benefits, adopting it might be a good strategy. Many businesses, especially small ones, don’t know how to optimize their cloud dependence, use, or strategy. This article looks at some of the ways businesses can optimize their operations with cloud functions to meet their needs and boost their cost efficiency.

Reducing server and recurring costs

Many small businesses scale their operations with more server expenses. These servers require scaling to lower the maintenance costs. With a consolidated cloud server, small businesses can take advantage of the lower cost incentives. This is because private cloud servers significantly lower labor, maintenance, and support costs. Moreover, the cloud server utilization increases, optimizing its use and hence, its benefits. This cloud function also extends to optimizing your databases to free up space and scale on efficiency.

Cutting labor costs with staff redistribution

Labor costs, especially those surrounding operations and management, can be high. Businesses need solutions that can help them scale these costs down. With cloud computing solutions, they can redistribute their IT workforce. Instead managing servers, the IT personnel can instead be involved in more strategic roles. With this, a business can free up more resources and increase efficiency by optimizing operations at a lower cost.

Lowering power costs

For some businesses, the utilities’ costs, such as electricity, can be exorbitant. Recent statistics indicate that IT costs make the largest part of the total electricity cost for most businesses. Cloud computing reduces IT energy consumption directly and indirectly. When physical servers are eliminated or consolidated, power consumption decreases. Decommissioning underused servers also cuts the energy needs. This directly cuts the costs of electricity.

Improving security for data and company information

The current business environment differs from how it was a few years ago. Employees are more mobile than they were. Cross-industry migrations, poaching, and talent hunting are higher than ever before. There are also more and more devices and gadgets employees come with in and out of the business premises. The risks of information leak, protocol breach, and others have never been higher. To protect their information, businesses need effective security measures. Under traditional circumstances, the costs are high. Cloud computing helps businesses scale down on the physical security dangers and costs attached. By partly or wholly eliminating the physical interactions, businesses can feel more secure on the cloud while keeping costs low. Cloud computing is a good way for businesses to scale down losses, security breaches, and expenses.

By Gregory Musungu

About Gregory

Gregory is a writer from Kenya whose education background is Biotechnology, New Media and Accounting. When his intense passion for the tech sphere is not sending him to experiment with new gadgets and technology, you can find him creatively engaged in Nairobi’s thriving underground art scene, copywriting and design.