6 Points on How to Business Network Effectively

Business networking. It’s an essential part of any small to medium sized business owners life. Some people don’t think that they’re in the right business for networking to be effective. Perhaps they are in retail. That’s a fair point but it’s not always about who’s there, but who they know! Business networking is certainly something to be tried out, whatever line of business you’re in.

So below are some top tips on how to effectively network your business:

1: Pick local groups:

This may sound obvious, but plenty of business owners think they have such a great local presence that they can go further afield to meet other business owners. Networking is about building relationships and more importantly, keeping them. There’s always someone who doesn’t know of you and they may turn out to be your best customer.

2: Attend regularly:

As mentioned in number 1, keeping a relationship is as important as building one. Not being a regular each week will not keep you in the front of someones mind when they come to refer your particular business to a friend or colleague. Also, sometimes (and this has happened to me) a colleague may hold off on ringing you for an order because they think you’ll be at networking next week. If you don’t show, they will only look elsewhere.

3: Don’t give it the hard sell:

Be social and clear about what you do and people will come to you when they need to, regardless of how good your pitch is.

4: Listen and take notes:

Your brain can’t remember everything, so take notes of what everyone is there. This will come in really handy for future referrals.

5: Be a giver and not just a taker:

OK the number one reason we all go networking is to get business for ourselves. But always try and recommend networking colleagues when you can, and use them too! You will only reap the rewards. People remember and comment on the business owners who don’t give anything in return for the business they have earned.

6: Work with your competition:

Some networking group allow more than one of the same type of business through the doors. Use this to your advantage. Refer customers maybe not in your locality to them, maybe you’re too busy that month to handle them efficiently. Pass them over! Alliances will made between you and a relationship built on trust will sprout. This is much better than being in constant competition with each other.

That’s it really. Most points are really just common sense, but it’s surprising how many business owners don’t follow them when networking.

Happy networking!

Tips for Business Networking Online

Around the world, every day people are looking to connect with other like-minded people in order to make connections for business and social reasons. In the world of business networking online, there are many potential areas that people can connect and utilize tools to get in touch with other business people.

Although foreign to many business people, online networking is actually easy if you are able to handle “offline” networking well. There are a lot of ways that people can utilize their time on the internet and build real viable business networks.

It all starts with the basics of human interaction. Here are some ideas you can use in your attempts to network with others:

– Authenticity: For you to really connect online you have to be authentic. It’s not another world. It is an extension of who you are, so you need to do business networking online with the intent of actually knowing the people you are networking with. This means if you have business leads, use them to talk to other people in your business life and connect with them.

– Meet in Person: One of the best ways to make networking online more solid. Strive to get to know the people you are networking with in person. If possible use this as the first option. If there is a place you can meet them, such as a business function, meet there and offer a business card or some solid evidence that you are really looking to work with them.

– Find common ground: No networking is without its purpose. Find a way to connect by having common ground. For example a plumber shouldn’t try to network with a nuclear scientist. Find business people that are within your range of business or that you share something in common with.

– In addition is to using these connection skills, look through the right websites to find contacts. Linked In is a professional social network that is designed for business networking online and allows you to connect with other business people easily. You can also use websites such as Facebook, Twitter and others but it will require some caution as these are more personal than public and this can cause some potential pitfalls in your quest to find viable opportunities.

Business depends on interaction and connecting with others in a targeted manner. Remember when it comes to the internet, work on connecting with people who are in the same line of business. Business networking online is relatively easy but you will be more effective if you focus on these key areas.

Keys To Success – Business Networking

One of the primary reasons to invest time and effort into business networking is to get more business. Yet, for many the outcome of greater business remains elusive.

Business Networking – How To Get More Business

As a personal business coach one of the first things I ask a potential client, whether it be a self – employed small business owner or a corporate manager or executive, is if they are doing any business networking. Most of them will tell me that they do some business networking.

The main reason they do business networking is to get more business. When I ask how successful it has been the answers range from very successful to virtually no success at all.

How come one person has great success and another doesn’t. Is one’s product or service in greater demand? Possibly, but very often it has nothing to do with that.

Business Networking – Success Is About How You Fish

For a moment visualize a business networking event as a big pond with many fish. You have come together with a group of other people and all of you are fishing in the same pond. Some of you will catch fish, prospects, referrals and customers. And most of you will put your bait on a hook and come up with nothing.

What’s causing the difference in results? It could be the pond you are in. Maybe the fish you are swimming with aren’t ideal for you or your business. But, more often than not it is not the fish in the pond that is the problem.

The problem is how you are choosing to fish in that pond. Especially for small business owners seeking more small business growth and success how you fish is a critical determinant in your results.

Running a small business is a big enough challenge to your time and energy without engaging in business networking that is not producing positive results. So if the pond of your business networking is not yielding the results you desire, yet appears to be a good pond, then you must change the way you fish in the pond.

Business Networking – It’s About The Human Being And Not The Human Doing

How do you catch a fish? It’s easy. You give him some bait where he wants to bite on your hook. The best hook you have is you. It’s not your business. It’s not your service. It is who you are. Most people when you engage them do not need your product or service.

The key is that they certainly may need it at some point in time in the future. The goal is to start building a relationship with them based on who you are, not what you do. In the end they will do business with someone they know, like and trust.

The key to successful business networking is to get beyond the human doing, your business, and let others get to know the human being. Focus on learning about who someone else is. Reveal to them more about yourself. It will give you and them many more reasons to build a solid relationship.

Focus on the human being, not getting business. And, the last part is the most important. If you have business networking functions every month attend them regularly. Even if business is good and you feel too busy attend them regularly.

Great relationships aren’t built with intensity but with regular contact over a period of time. Be consistent in showing up and persistent in building your relationships. When you approach business networking as an essential marketing activity focusing on human beings instead of human doings you will start catching a lot more fish in your pond and even greater small business, large business and personal success.

5 Business Networking Tips Anyone Can Follow

Learning how to network well is essential to job search and career success. It doesn’t matter what level of business networking skills you have. These 5 business networking tips can either help you get started or serve as a good reminder. Use these 5 business networking tips at any event and see results.

1.Be focused and specific – know exactly what you would like to get out of a business networking event. “I want to build more contacts” or ” I hope to find some good leads to job opportunities” are good intentions but TOO VAGUE. If you only have a general idea of what you want out of an event, you will only get general suggestions in return. Try this instead “I want to find entry-level product manager positions in the high-tech industry. As a result, at this event, I want to connect with product managers or recruiters in high-tech companies – to 1) find out what it takes to get into product management or 2) see if they would be willing to give me feedback on my resume by email or 3) find out what they like or don’t like about their job.” You can have 2 or 3 areas of focus for one business networking event. This way you can adapt your conversation based on who you meet. It also helps to know well what kind of people will be at an event so you define your focus accordingly.

2.Have low expectations – Now you know what you hope to accomplish, it’s important to NOT expect it. Expecting a certain level of results puts undue pressure on yourself and can lead you to sound stiff or pushy or rigid at an event. I usually tell myself, if it doesn’t seem like I am having fruitful conversations then I can always leave early. This gives me a relaxed mindset and any results I get would be bonus. Also, there are plenty of networking events out there. It’s better to go to a few more and therefore allow some to be “duds” than force yourself to make each one very productive. Maybe you are just off one night as well – better cut your losses and go home early.

3.Practice being bold – Once you are at the event, remember to talk to strangers and engage in conversations that may help with your focus. It’s amazing how many people go to business networking events only to stand in a corner with a drink or food or talk only to their friends and who they know. I know I have done this plenty of times. Most of us are shy with strangers. But the nature of networking well requires us to go beyond our comfort zone and talk to new people. Remember why you are there (see #1). Don’t go with friends to networking events. They can become an easy crutch. Go by yourself and if you have access to a description of the people who are attending, look at it in advance and circle anyone you may want to meet. Then just do it when you are there – start conversations to get to know people. Most likely they also have a level of discomfort and probably appreciate you striking up a conversation, so they are not standing alone. Also remember #2 – you may not always be smooth or graceful in every conversation – how you start it, how you lead it, how you end it, but it’s okay. You are allowed to make mistakes – it’s the only way to practice. Besides, these are all strangers. If it doesn’t work out or you did something awkward – shake it off! They don’t really know you anyway.

4.Pay it forward – You cannot just take from networking events. You also gotta give when you can. This business networking tip is essential as you also want to build a reputation as someone who can help others. No one likes “networking stalkers” who just want stuff. If you know a recruiter who specializes in the finance function and you met someone looking for work in that area, offer to connect them. This person will be super appreciative and they do not need to be someone who can also help you. Think of this as good karma and you are just paying it forward – you help someone and they can help someone else. Eventually, that will come around in a good way for you. Trust me. So in your conversations, not only guide it toward what you need but also consciously listen for how you can help.

5.Follow up – it’s fruitless to follow all the business networking tips above at an event if you don’t put efforts to make the most of it afterwards. Follow up does not mean emailing everyone you met. Remember your focus and prioritize your follow-up activities – they can include connecting with people on Linkedin, sending emails to people who agreed to provide information to you, and also emailing people to help them with something.
Business networking is like dating – it’s a numbers game. So go to a few and start practicing using these tips. Good luck out there. I look forward to your comments. I am always in your corner.

10 Reasons Businesses Should Be Using the Cloud

Heat impact points are costs that are continuous and never stop unless you consider the cloud as a way of avoiding them altogether. Costs such as constant upgrades to systems, resources to manage and not to mention the costs of security and licensing. Cloud Computing and avoiding these costs go hand in hand, and it’s just a right decision to turn to the cloud.

Cloud computing refers to one of three architectures: Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS).

• Software-as-a-Service – In this design, the CSP provides the software and tasks of upgrading and load balancing to ensure the software or application is up and running.

• Platform-as-a-Service – in this model, the CSP supplies the platform, additional development tools, such as the development platform, and execution environment.

• Infrastructure-as-a-Service – In this model the CSP provides the hardware and the environment.

Cloud Computing provides an organization to offload small or significant parts of purchasing, managing and mitigating risk. Teams can scale up or scale back depending on the need.

Organizational IT teams must sit down and define what the primary goal is and the actual Delta/versus Benefit of the approach. Below are 10 tips to consider when considering a move to a cloud Infrastructure.

1. The Business and the need – It is important to identify the requirements of employees and determine in detail the business reason and purpose for the move to cloud computing. The analysis and due diligence are essential to the success of the cloud implementation. Set a process and metrics to determine the success of the migration.

2. Define what is you want to move to the cloud (Hardware or Software) – Not all applications such as custom are good candidates to move to the cloud. May I suggest before taking advantage of new applications built and developed for the cloud, it would be wise to start with a low-risk, back office (non-strategic) application before setting your sights on more ambitious targets.

3. Evaluate cloud service providers carefully – Evaluate multiple cloud vendors and look for a test trial, AWS offers free services. Spend the additional time and effort to find a provider that best suits your needs. If it means setting up test labs, spending more money and taking a longer time to implement it’s worth the time to investigate.

4. Identify “real” costs – Cloud is not free, and it’s not less expensive, and CSPs usually require configuration fees, subscription fees, Internet access, end-user support usage fees and training fees. When you’re in the middle of your analysis as mentioned in point number 1., make sure you identify other costs that may not be obvious, such as storage fees, incremental user fees, termination, and cancellation fees.

5. Establish a Committee – It makes good sense to form a committee that includes individuals from all critical functions within your company; accounting, human resources, sales, etc. This approach ensuring senior leadership buy-in and that you’re approaching it from a business perspective and that all critical needs are addressed and met.

6. Study the Fine Print i.e. SLA – The service level agreement (SLA) is meant to identify the capabilities the service provider will offer. The SLA may also influence existing agreements your company has with software licensing, and hardware vendors. The key focus areas are availability, up-time, system performance, security, data ownership and support responsibilities and issue resolution.

7. Get Deep with Security – Paying particular attention to security when evaluating vendors. Focus on what types of security they have in place, how is the data stored, accessibility, what are the layers of security are in place and how are the remote connections protected. Note and point some Vendors require you to be responsible for the security so be careful.

8. DR and Business Continuity – One of the best benefits of Cloud Computing Architecture is the ability to continue to work in a time of disaster. Be sure to ask about Disaster Recovery -Accessibility times, and Business Continuity. Remember this benefit is only as good as the CSP offering the service. Ask, how they are storing the data and what forms of redundancy they deploy and what kind of disaster recovery do they have in place. These are all very pertinent questions.

9. Network and Redundancy Checks – It’s a good idea to have two fully redundant internet connections from two different providers in place to avoid risk, downtime and data loss. Remember to factor the cost of these extra connections in your analysis.

10. Legal Representation – Signing a contract with a CSP you are entrusting them with our organizational information and security. Data is the most critical asset today. It’s a good idea to ensure your legal representation has the experience in negotiating these types of contracts.

In summary there are many reasons to migrate to the cloud, but non more important than the cost saving of the cloud. Be careful, choose your CSP wisely and happy cloud computing.

Vocational Training Programmes for Skill Development

Skill development is important for people who are exposed to lesser job opportunities due to their limited education level. And the best way to develop skills is through vocational training in different areas. Such nature of training is not just limited to school education but also in agriculture, pharmacy, architecture, information technology, labour, medium and small industries as well as hotel management.

Vocational Skills Customized for All

Agricultural farmers approach a vocational training NGO, where they are imparted skills to use agricultural implements and machinery, conserve soil and process, test and manage the quality of food. Students can receive the apprenticeship training or take up a computer-related course in DOEACC ‘O’ level. For the labour, government provides expertise in craftsmanship and offers supervisory training. Industrial workers may look for jobs after pursuing an entrepreneurship development vocational training programme.

And, the textile industry workers can go for skill upgradation through decentralized training at the grassroot level. Young women can gain skills in preservation of vegetables and fruits and become experts in marketable trades. The educational sector has a major role to play in imparting vocational expertise to the lesser educated and vulnerable sections of the society. This step is quite helpful in catering to the huge problem of unemployment prevalent in our country.

Reasons Behind Underemployment

The difficulty actually sprouts from the high school dropout rates owing to poor education, working to support family income since an early age and lack of information about the job market. Also, what adds to the woes is not having the right skills needed for the nature of employment they seek. Many at times, people accept a work profile that pays them in daily wages without having an idea of the total amount of pay they should get or the opportunities they are ideal for.

Needs to Be Met

An appreciable effort could be designing youth skilling programmes that are sustainable for them yet provide practical knowledge to the needy in order to attract employers and encourage entrepreneurship. Another necessity is to build confidence among the youth and ensure a strong foundation for them in the world of professionalism. However, the labour requirements of growing sectors must also be met.

Employment Readiness Training

Also, opportunities are created through mentoring entrepreneurs and offering financial support to them. Now, what the non-profit organisations do is establish general skilling centres for vocational training. Here, the aspirants are trained in employment readiness and soft skills for both professional and personal growth. They can choose from many options available in specific courses – Desktop Publishing, Retail, Tally, Mobile Repair, Hardware and Networking, Driving and White Goods Repair.

As far as the entrepreneurship programmes are concerned, they are basically designed for women who are offered material and skill assistance to start their own businesses. For instance, tailoring and beauty entrepreneurship programme are inducted by many NGOs into the training module they adopt.

Akansha Gupta is an enthusiastic person who is passionate for her work. She is eager to explore new things other than writing blogs which contain helpful information regarding work done by ngos including for vocational training programme, she also participate in the various programs organized by the ngos in Delhi.

Make Extra Money From Freelance Networks

If you are worried about your kid’s educational expenses or worried about utility bills, then you are not alone. In today’s world of economic crises, everyone is finding ways of generating some residual income for keeping himself and his family alive.

In such crucial circumstances, if one is provided with the opportunity of making money from home, then it is nothing less than a blessing. And, there do exist various opportunities which you can deploy in order to make a good amount of supplementary income from home. You just need a computer which can let you connect to the rest of the world. Furthermore, you need an internet connection and a good amount of ‘determination’. If you have all of these ingredients, you are just one step away from receiving cash in your hands.

There are many freelance networks such as Elance.com and oDesk.com. These website contain millions of employers and even greater number of employees or service providers. You can become the latter one by easily and freely joining these networks. Once you are signed up with all the essentials and requirements, you will be provided with the complete list of jobs which are up to your educational qualification or skills. You are allowed to bid on these jobs. You can ask whatever amount you wish to perform any specific task. Bids by other service providers are also provided on these networks so that you can compare what are the market rates of performing a specific task.

Once you have placed your bid, the employer will review it with the documentations you have provided. Therefore you need to build a good and rich reputation which can attract the employers. Try to learn communication skills so that you can easily attract an employer towards your services. Present your services and prior experience in the best way so that you can completely show your productivity. Many freelance networks allow you to create your own profile so that you can express yourself more confidently and completely.

The greatest advantage of these freelance networks is that they contain jobs on every field. This means that it doesn’t matter to what field you belong or in which field you are expert, you can get a wide variety of jobs related to that field. Furthermore, you are free to apply for any task/job. The only thing you need to deliver on these networks is quality. Moreover, you should obey the rules and regulations of freelance networks. You should be completely aware of the tactics played by employers to trap your money. You should not work with any employer who has no or bad feedback.

You may face a number of challenges in building up your freelance services, but once you are stable and secure a good number of employers, you can easily start your own business as well. This means that you can have freedom of strict job timings, freedom of all the rules and regulations of your office and the greatest of all: freedom of money. Proper and intelligent serving of employer’s jobs can truly make a good sum of supplementary income.

Social Media Solutions: A Necessity for Every Business

Today, more and more people are using social platforms for communicating with each other, and get relevant information. Every morning before their eyes is even completely opened; they start scrolling their news feeds to see what’s going around. And that’s why it’s important for businesses and brands to be where their potential customers are.

Social media solutions can help in engaging your customers, and inform or display them, your brand’s qualities and core value. It’s very important to share quality content by way of different social media platforms, especially if you’re planning to implement the growth hacking methods. It helps in creating robust visibility, and builds trust. It’s very important for businesses to put themselves in the customer’s shoes – if you can’t get the brands of leading social media; you are less interested in doing business with them!

Today, social networking sites are an ideal place to create a real community that will help you reach the audiences interested in your business. It’s very important to build people’s trust by satisfying their requirements. The following are a few tips to make your social media marketing start right –

Optimize your profile – Add all the important information in your account like location, contact number, website URL and email address. Write down the best about your brand in ‘About’ section, as it tells your prospects all about they must choose you. The first impression is very important.

Research your market – You have to know who you can communicate with since it helps you in creating content that goes with your target objectives and goals.

Be consistent – Although your brand is present in various social networking platforms, you shouldn’t send assorted messages to your audience. It’s vital to build a unique company identity with a consistent voice and brand.

Get ready for the long journey – A few days or even weeks aren’t just sufficient to create a great impact on your social media marketing campaign. So be ready to stick it out for the long run.

Build relations, not just sales – Today’s online users are very tech savvy, so at times, it is quite hard to influence them to rely on your brand. Communicate with them, engage and answer their queries. Be their companion, not a pushy seller.

There are many social media solutions available in the market that assists in growing and taking the business to the next big level.

Do you need social media solutions for better customer support?

Using leading social platforms like Facebook, Twitter, LinkedIn, Pinterest and others as a customer service channel is a great idea. It is one of the easiest and quickest ways of responding to customer’s or prospect’s queries and users in social media look for a quick response when they ask a query to a brand. It is also a critical way for customers to know that they can instantly and quickly reach their provider anytime they want answers to their doubts or queries. You must also emphasize on delivering unique customer support on your website.

Social media solutions are great for publishing information, listening and attracting to the audience, but it’s not simple to get closer to customers, so you must have patience.

There are many different ways to and a variety of purposes to use social media solutions. So no matter which platform(s) you select to use, it’s vital to focus on your target audience and look for the best and effective ways to reach them. Many organizations use these networks as a key part of their marketing (and even sales) tactics – whereas others use to explore what people are saying about the current market.

Overall, it’s about promotion and advertising. People want to hear about you and if you have an online business, you need to be visible and active on the social networks. It is loads of work to get up and expanding and even more work to continue, but it is all worth in the end.

Tips For Launching Your Own Business

This November will be my sixteenth-year anniversary of starting my own human resources consulting business. As I look back on the years, I am amazed at what I accomplished and learned. If you are thinking about starting a business, read on!

I always dreamed about having my own business, talked to friends about it, and imagined how it might be. But it was only after two women gave me a push, that I started doing instead of dreaming. First, my former boss said to me, when we were both thinking about moving on, “I never looked for a job, I always went out and created my own.” Given her advice, I hired a business coach to help me map out my next career steps. My coach saw my entrepreneurial spirit and encouraged me to start a business. So I moved from dreaming to doing.

The first few months of my business I spent setting up a legal structure, registering the business name, implementing an easy accounting system, setting up a business checking account, establishing a line of credit and obtaining business insurance. Each item was time consuming but not difficult. The more difficult work was writing my business plan and marketing plan. I talked to professional colleagues and volunteers at the Small Business Administration and SCORE, and read books on marketing. The process was slow because I was learning along the way, but I now use both business and marketing plans as daily roadmaps to guide my actions. One of the easier and fun parts of the first few months – for me, was working with a designer to create a logo, business cards, stationery, brochure and Web site.

I also started networking – an activity that never ceases. There are many organizations to join. The trick is figuring out which ones to choose. I finally decided on being involved with a half a dozen organizations, which can either bring me business or help me learn more about building my business or both.

One of the activities I worked on for months was my “elevator pitch,” which is answering the question, “What do you do?” so the listener understands and is interested. Now when people ask, I say, “I help people build great careers and help leaders build great companies.”

I also spent a lot of time creating processes to make my business run like a well-oiled machine. I have processes for making sales calls, following up, writing proposals and evaluating the results of the work I do.

In addition, three college students contacted me, and wanted to work with me as interns to learn my business and to help them with their careers. Having interns adds supervisory and coaching time, but their ideas and enthusiasm has paid off. In fact, my business tag line, Know-how. Right now, came out of a meeting in which we reviewed my marketing plan.

At a networking meeting, a colleague suggested that I consider joining the Women’s Business Development Center. After looking into it, I had my business certified as a women’s business enterprise. In addition to meeting other women business owners, I gained access to a member directory of businesses that are interested in doing business with women business owners.

For me, the biggest risk of starting my own business was financial. I went from a steady paycheck to a roller coaster ride of payments. Before starting my business, I sat down with my family and asked for their support to ride out the slow months. My husband and youngest child were supportive; my teenager who loved new clothes and CDs, etc, needed convincing. But since my oldest child has graduated from college and is making her own career decisions, I see my move as a way to show her how to live her dreams.

The rewards are significant. I am passionate about what I do. For all every business decision, I get to decide. My newfound freedom has unleashed my creative talents. And there is new meaning in what I do. My advice after my first years: If you are passionate about a business idea, knuckle down and go for it!

Best Tips For Cloud Computing: Advantages And Drawbacks

Cloud computing is considered as a practice of making use of a network for remote servers which could be hosted on the internet to store, manage as well as process data without making use of a local server or personal computer. Let us take a close look on purposes of cloud computing and the benefits as well as drawbacks.

Objectives of Cloud Computing

Before deciding whether to choose these services or not, a clear definition about the applications of software also has to be understood clearly. This might include the user functions, data functions along with the most important attributes about the software as a business system.

Access – Businesses should be able to identify which users, agencies, clients and staffs require access to the functionalities of software and the data that requires to be manipulated. Similarly it also controls what kind of access to the networks is made available to all.

Availability – The availability is yet another purpose of cloud computing and this requires the time at which the access is required whether it is during day or weekends etc. Furthermore it also includes how long the cloud computing could be made unavailable for users followed by how critical is access for the specific system.

Budget – The extent of impact budget issues and timing issues could have on a possible solution is also among some of the most important purposes of cloud computing.

Backup and Recovery – This includes the speed at which the system could be made available again once it goes down. The rate at which the data could continuously change and the total amount of data that is likely going to be there.

Data Sharing – Whether there are any other software systems or data systems that have the ability to share information with this software and whether the data sharing is performed in real-time or batched and whether it is automated or manual?

Security – The importance and security of data for the company and whether there are any legal or other security requirements for the data as well as software interface.

Cloud Computing Advantages

Now let’s go through the benefits as well as drawbacks of cloud computing. The ability of cloud computing to transform the way in which companies could make use of technology for servicing customers, partners, suppliers and thereby offering them with enhanced ability and agility are considered as the most important advantages of cloud computing.

Some of the key benefits are explained in detail below.

Cost Efficiency – Cloud computing avoids the need for businesses to invest in stand-alone software as well as servers. Companies can avoid additional costs that are otherwise associated with licensing fees, data storage costs, costs for software updates as well as management by means of utilizing the cloud capabilities. The availability of one time payments followed by the ability to pay while on the go is among some of the benefits that helps save on costs. Cloud computing avoids the need for on-site servers as the businesses and their data are stored in a virtual space. Similarly it reduces the need for in-house IT staffs as most of the manual updates are tasks that have to be done by a system administrator and it would be fulfilled by cloud computing by making use of resource APIs. The hosting servers would be actively monitored, maintained and upgraded with the help of cloud providers.

Availability Any Time – The continuous availability and location independence that helps with data storage, computing as well as networking is also made possible with cloud computing. Thus information can be accessed easily and similarly user requirements could be accommodated even if they are in different time zones and geographic locations.

Simplified Data Recovery and Backup – As the whole data resides on cloud rather than a physical device, the process of data recovery and backup is simplified. The data could be stored off-site and could be easily copied to different servers in various locations. Thus businesses can retrieve the data from other backup networks even though one might go down. The software program of the backup service will encrypt the data in a computer prior to sending it to the cloud. The virus or infection can also be detected before sending the data with the help of this technology.

Redundancy and Scalability – Resiliency is a major benefit as it defines that the data centers and its components such as servers and storage would continue to function even though some kind of disruption do occurs. It is also scalable which means even smaller companies could get immense value in using data centers that help them manage their cloud computing.

Storage – Compared to a personal computer, cloud computing has the ability to store much more data and can prove to be of use for smaller, medium and larger companies with almost unlimited storage capacity on offer.

Device Independence – It could be accessed from any device which has access to the internet making it device-independent in its characteristics. This means that any device which has a browser as well as an internet connection could leverage the benefits of these services.

Drawbacks:-

Even though there are quite a huge number of advantages, some drawbacks are also there for cloud computing.

Some of the drawbacks of cloud computing are as follows.

Data Breaches

Data Loss

Hacking of account or service credentials

Presence of an insecure interface – Interfaces is an important requirement for cloud provisioning, management as well as monitoring and is used commonly by IT administrators. At the same time, APIs is integral to security as well as availability of general cloud services which leads to a possibility of risk as companies will be required to surface their credentials to third-parties so as to enable their agency.

Insufficient knowledge about the cloud environment – Companies that does not have complete awareness about the cloud environment are at a higher risk compared to those who have a clear understanding about cloud computing technology.

Risk of shared vulnerabilities – Even though the infrastructure, platforms and applications are shared by cloud service providers for delivering the services in a scalable way, there is a greater risk of shared vulnerabilities which is known to exist in almost all delivery models.