3 Reasons Businesses Are Flocking To Online Storage
Cloud storage has become a critical part of today’s business model. In fact, recent studies find that more than half of all enterprises consider the cloud an essential component of success—and they’re not afraid to put their money where their mouth is. Those same companies dedicate a whopping 50 percent or more of their IT budgets to the cloud. While there are many different types of cloud computing options out there, collaboration applications that provide online file storage is one of the most popular, helping to streamline the transfer of files, messages, data, attachments, notes, etc. from worker to worker, team to team.
Their overwhelming popularity is no surprise—considering that online file storage provides seamless access to popular tools used every day to create, communicate and collaborate from a PC/Mac, iOS, Android or Windows device. The benefits are many, and include:
- Managing and sharing documents—Work together in real-time across several devices and access files anytime, anywhere on the web—easily managing, uploading and sharing files, and syncing files to a PC or Mac.
- Collaborating in real time—Easy sharing of documents with coworkers, clients and external partners, and the ability to work together using familiar apps. This also allows for co-authoring on the same file without versioning hassles.
- Hosting productive online meetings—Join or start a meeting while using video, screen sharing, recording and more to run meetings that deliver results on the device of your choice. Show attendees anything on your computer (from videos to executive presentations), as if you’re all in the same room. Most also offer access to a complete record of the entire meeting.
But what about security? With online file sharing now a hugely important weapon in a business’s arsenal, helping it to reduce admin and storage costs, while also boosting employee collaboration, flexibility and productivity, it seems there’s no going back. And whether you choose to use a service provider or to house your data within the confines of your business, there’s always risk involved.
The good news is that service providers understand these fears and are investing big bucks in beefing up safety measures—and it’s not going unnoticed by businesses. In the not-so-distant past, concerns about security had been the major roadblock to businesses’ adoption of the cloud and data storage services. But as the cloud continues to grow and mature, those worries seem to be quelled. Recent surveys have seen security falling down the list of primary concerns, thanks to new built-in security features like file encryption and Advanced Data Loss Prevention (DLP) capabilities that help identify, monitor and protect sensitive information—as well as cloud storage that also meets global and industry-specific compliance standards like ISO 27001, HIPAA and more.
From open communication, to collaboration channels with online workspaces designed to keep your teams connected and productive, to trusted, easy-to-use enterprise cloud security that puts you in the driver’s seat when it comes to data privacy and compliance—the benefits of cloud computing and online file sharing are undeniable. Learn how to reap the rewards of these business solutions for your company and employees, but with the security and tools that give you the peace of mind of knowing your data is protected.
The Growth Center does not constitute professional tax or financial advice. You should contact your own tax or financial professional to discuss your situation.