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Multipoint assists small and midsize businesses grow with greater cost efficiency, while being more responsive to changes with cloud computing. With the cloud, you pay only for what you use, helping you save money as you grow your business.
Moving to the cloud also means you don’t have to make capital investments in hardware, freeing up budget to spend on other business needs.
The cloud also offers small and midsize organizations enterprise-level security, with the high level of data protection and datacenter security required by the largest organizations.
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Since the widespread application of cloud computing is still relatively new, many company's are apprehensive about implementing cloud solutions. However, the cloud can provide extensive financial benefits like budget savings and increased workplace productivity. In fact, a recent study surveyed 1,300 companies and found that 88% of cloud users experienced cost savings and 56% noted an increase in profits. Here are several fantastic ways cloud computing can save money.
Hardware
An advantage of cloud computing is the reduction in hardware cost. Instead of purchasing in-house equipment, hardware needs are left to the vendor. For companies that are growing rapidly, new hardware can be large, expensive, and inconvenient. Cloud computing alleviates these issues because resources can be acquired quickly and easily. Even better, the cost of repairing or replacing equipment is passed to the vendors.
Power
Along with purchase cost, off-site hardware cuts internal power costs and saves space. Servers can take up precious office space and produce a large amount of heat. Moving to cloud applications or storage can help maximize space and significantly cut energy expenditures.
Labor and Maintenance Costs
Cloud solutions can also lead to a dramatic decrease in labor and maintenance costs. As a result of the hardware being owned by vendors and stored in off-site locations, there is less demand for in-house IT and even cut down Multipoint's cost to you.