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How Cloud Solutions Empower Start-ups for Innovation & Growth

OrangeMantra

@OrangeMantra

March 22, 2022

Cloud Computing Product/Startups

265

For startups, a cloud computing solution brings down the cost of establishing a company five times almost across all verticals. Such solutions not just enable all startups to save on infrastructure costs, but also speed up market entry. Custom software solutions enable new business enterprises to scale up and down as per requirements. “The big corporate company today making billions was once a start-up. So, a start-up is always the first step towards hidden success ahead.”

2020 was a long year for everyone. Just because of the pandemic, the world order changed dramatically. During that time, economies stagnated, nations went into lockdowns, and restrictions were imposed everywhere. But there is a bright side as well for several professionals. Many had the chance to take some bold decisions, and the most liberating one is starting their business with the prowess of digital solutions.

Be it out of a passion, do something on their own, enter into a different professional horizon, or expand. Several startups came into the picture to realize their vision into a profitable reality.

Software As the Growth Enabler for Start-ups

Technology means different things to different people. For already established companies, technology acts as a catalyst for long-term sustenance. But for startups, emerging technologies are the driving force to make their presence felt in the industry. And, of course, for sustainability as well.

More startups have realized the importance of advanced technologies, especially Cloud Computing solutions. It helps organizations lay a strong business foundation, build with innovation, and scale up at a low cost.

Why Does the combination Cloud Computing solution appear successful for startups?

Startups are lean organizations with having little investment to establish and run. They often face cash-strapped situations while adopting efficient technical marvels. Companies find it expensive to set up the information and communication infrastructure of the business. Cloud Computing offers a cost-effective way to adopt a globally recognized infrastructure at the minimal possible cost. It enables the founders to get running up without any hardware investment. Also, it helps companies to get their product to market at a reduced cost.
Startups quickly capitalize on opportunities to grow. Whether like venturing capital funds, hiring a team within budget, or anything else. The flexibility of Cloud Computing allows founders to provision the resources accordingly. The availability of the “pay-as-you-go” and “pay-as-you-grow” models helps startups scale up and down. It helps the organization to prevent over-provision of resources to highlight their capacity and that too at the upper-cost level.
Another reason to adopt a Cloud solution is to focus on an elevated level of business innovation, building products, and target customers. Startups can outsource the management and update of Cloud technology without a need to divert their attention. It allows companies to have on-demand technical provisions to enhance operations and innovation.

How Start-ups Leverage the Cloud for Scaling up

Flexibility to share data with big enterprises - Customer acquisition is imperative for every business. Especially for startups, building a strong customer base showcases longevity in the business. Most B2B startups sell their products/services to corporates and enterprises of all sizes. It means big companies often look at the reliability of a newfound organization and then do business with them. Mainly the tech-driven companies expect you to be technically embedded. Your start-up with having a cloud computing solution can maintain a seamless reputation with corporate and best secures their data.
Enable remote workplaces - Working from home is no longer an obligation but a necessity to reach flexibility and reduced-cost operations. With Cloud technology, startups can establish location-independent workplaces for different stakeholders. The technologies allow the minimal capital invested in organizations. It allows collaboration, communication, and operations from multiple locations at a low cost. Cloud solution enables your organizations to seamlessly run operations by different professionals living in distinctive demographics and stat active at all times.
Add an extra layer of network security - Hackers indeed attack small businesses more as compared to big corporate giants. Mainly startups are easy targets for hackers to obtain valuable data and pose harm to the organization. You can combat this issue by implementing the security protocols of cloud computing solutions. It helps safeguard sensitive information and transactions. The third-party cloud solution is hard to tamper with, and you can ensure 24/7 monitoring of information within budget.
Achieve scalability for a dynamic market - With cloud computing solutions, startups can accommodate all their business, provide secure access to professionals, and manage. You only need to pay for the service, and the rest will be handled by the service provider. So, you can increase the usage over time depending on the capacity and budget. Similarly, you can scale up and down cloud operations based on the current situation and futuristic requirements.

Top Benefits of Cloud Computing for Start-ups

1. Enhance cost efficiency: Cloud Computing is profitable technology without many investments. It enables companies not to invest in infrastructure, equipment, and maintenance assistance. There is no need to spend on hardware, server room, or any other facility like a traditional server system.

2. Flexible pay options: Adopt the Cloud solution as per your capacity, requirement, and budget. As already mentioned about prepaid paying models for the technology, implement CRM, ERP, or any software on a subscription-based model. Again, it helps you scale up or down based on changing business needs.

3. Enrich collaboration: Cloud-based applications enhance workflow across different geographical locations. It enables all team members to get access to files and data digitally from any place. It helps the staff collaborate and manage start-up operations swiftly without finding any bottleneck.

4. Help in disaster recovery: Cloud-enabled business systems are not prone to natural disasters and stay safe to maintain critical functionalities. There is no such hassle of shut-off power, damaged equipment, or any unexpected breakdown of systems. You can run operations round the clock without finding any obstacle.

Conclusion

The majority of startups are accessing Cloud technology to attain flexibility, scalability, and security. Why are you left behind? If you do not attain the prowess of Cloud Computing, you may lose the chance to stay competitive. You can explore more about technologically advanced solutions and accelerate growth and innovation for your ambitious start-up.

#startups #cloudcomputing #digitaltransformation #cloudadoption #OrangeMantra

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OrangeMantra

OrangeMantra is a Digital Transformation partner helping businesses translate ideas into reality using innovative tech solutions in domains like Enterprise Development, Mobile/Web Apps, Automation, Digital Communities, eCommerce, and more. OrangeMantra boasts a diverse portfolio across industries like Manufacturing, Real Estate, HealthTech, Automotive, FMCG & Retail, FinTech, and Edu-Tech. From creating, nurturing to supporting the digital vision of enterprises, we engage with clients like a true Technology Partner rather than being yet another Service Provider.