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How Cloud Computing Reduces Costs

Cloud Computing | January 23, 2020

Getting to know how cloud computing reduces costs will help you make informed decision about whether or not this IT service is the best solution for your business. At Next Hop Solutions, we understand how beneficial cloud computing can be for businesses of all shapes and sizes. That is why we offer a range of comprehensive cloud computing services.

1. Lowers the Need to Purchase Hardware

One of the biggest advantages of cloud computing is that it helps reduce the amount of money your business will need to spend on hardware. Rather than having to purchase your own hardware, cloud computing leaves your hardware needs up to the vendor, including the equipment repair and replacement costs. Cloud computing can also help alleviate hardware issues related to rapid business growth, as your vendor will be able to easily provide the hardware you need.

2. Decreases Labour & Maintenance Costs

Since all of your hardware will be owned by vendors and stored offsite, there will be less need for you to have an in-house IT team, leading to a dramatic decrease in labour and maintenance costs. Utilizing cloud computing services means that the vendor will be responsible for all repairs and upgrades, so your business will not lose any time or money on hardware maintenance. Reducing routine maintenance means that your staff can focus on more important initiatives and that you may even be able to reduce staff sizes.

3. Increases Workplace Productivity

Utilizing cloud computing software will provide you with faster installation times. This means that employees will spend less time waiting around and more time being able to work. Adopting new applications also offers decreased downtime with cloud solutions, as most applications will be available through a web browser and are easy for employees to learn quickly.

4. Lowers Your Capital Investment

In most cases, cloud computing services are available with a pay-as-you-go pricing model, which means that you will only have to pay for the services you need, when you need them. Unlike having to pay upfront licensing costs, cloud computing services can be cancelled at any time, reducing the financial risk for your business. Cloud computing also tends to be a much more cost-effective solution than in-house solutions because you will receive access to the best products in the industry without the need for extensive funds.

If you would like to learn more about how cloud computing reduces costs, or if you are interested in one of our cloud computing services, please contact Next Hop Solutions at 1-855-482-5141 or by requesting a consultation on our website.


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