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5 Misleading Myths about Cloud Systems for Business Which Need To Be Debunked

5 Misleading Myths about Cloud Systems for Business Which Need To Be Debunked

When most business owners think of cloud services and systems, they think of big name Web Service Providers like Amazon or Apple. For many people in the business world, the term “cloud” has been seen more as a dirty word than a popular buzz word. Businesses that may be benefiting from the technology and services of the cloud systems are held back by myths and misconceptions about the way the cloud works. Here five of the most common myths and misconceptions that need to be debunked.

1. “It’s not secure”

Security and the safety of information & data is naturally the biggest concern businesses have when it comes to using a cloud based system. Their common concerns often boil down to these main anxieties:

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▪    The platform used for the cloud is too open to outside access and leaves data vulnerable

▪    Multi-tenant platforms cannot be secured accurately and are insecure against hackers

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▪    Data is contained in a foreign data center and not subjected to local laws and regulations

With an appropriate cloud system in place these concerns really are not necessary.  The vast majority of cloud service providers offer options that provide a wide range of security solutions and that also offer customization that allows for access to files and data while animating a high level of security.

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2. “It won’t be reliable”

Outages do happen and like any business, some cloud system providers do experience higher rates of outages and down times than others. This is why it is important to do your research and look into all the available providers that you have access to. Whether you are looking for a cloud based phone for your business, data storage, or file sharing options you need to take the time to make sure you truly understand what the cloud is and what it can offer you, your business associates, your customers, and your team members.

3. “Cloud platforms are always restrictive”

Public cloud phone and storage systems are most often designed with automation and standardization in mind. Some cloud systems allow for a certain level of customization and optimization that can help tailor the services to your unique need. Business servers offered by an industrialized cloud system will offer a unique approach that will give enough options for customization and diversity so that you can find one that fits your unique needs and will serve you well. Cloud systems do not have to be restrictive and you are not always tied down to a single package deal so be sure to look around and find one that is best for your business.

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4. “It’s simply another IT catch all platform”

Being able to adequately and concisely describe what cloud computing is and what is can do for the customer is paramount to having a successful sales pitch. Highlighting what specific ways that unique business can benefit from using the cloud system is important to help get the final sale and convince them to give cloud computing a try. The number one thing most business need is to be more organized. In a world of digital files, records, and transactions, so much can become misplaced without the standard paper trail that so many businesses are used to. By highlighting how the cloud computing system helps streamline and sped up organization and business operations, we can show our clients how a business can improve and stay up to date with the newest management systems.

5. “It has limited application”

The services offered by cloud based systems are often misinterpreted as being limited in their applications, but this is the final myth that needs to be disproved. The cloud based systems that are available to businesses makes it easier than ever to continue business as usual. Connecting with customers and clients is easy and you have access to amazing functions and services including conference calls, file sharing, data storage, phone services, and more – all at a fraction of the price that normal methods cost. Cloud systems also allow you greater freedom and flexibility in terms of what you can do and how your business can grow.

Many modern technological advances have changed the way businesses work and operate. One of the most talked about changes involves the creation of the cloud and the virtual storage and access platform that it offers business big and small. Businesses that could be benefiting from the cloud systems are often times held back by misgivings and fears that they have which have been fueled by myths and misconceptions about how the cloud works. We have debunked five of the most common myths and you are now better prepared to discover how the cloud can help your business be even more successful!

Featured photo credit: Cloud network concept via cloud9realtime.com

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Last Updated on August 13, 2020

Best 9 Money Management Apps for Easy Financial Planning

Best 9 Money Management Apps for Easy Financial Planning

Do you want to keep a budget, but aren’t sure where to start? Or maybe you have your money in a few different places and want an easy way to keep an eye on it all? We scoured the web and app stores to find the best money management apps so you can dive in, start saving money, and live more financially secure!

1. Mint

    Mint is a great app for seeing where all of your money is on all of your devices. It can track your bank accounts, credit cards, and even investments. You can also use it to plan budgets and future expenses, but its main focus is on giving you a financial overview.

    Download Mint here.

    2. You Need a Budget

      You Need a Budget (YNAB) is a great tool for setting a budget and sticking to it. YNAB is nicely designed and gives you a clear report of where your money is going, as well as tools and “four rules” for budgeting to help you save.

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      Download You Need a Budget here

      3. Spendee

        Spendee is a budget and expense tracker with a heavy focus on design. Spendee is truly beautiful and does a good job of showing you where all of your money is going and how you can adjust course. The only down side is that you’ll need to manually enter your transactions.

        Download Spendee here.

        4. Expensify

          Expensify is perfect for the business traveler who wants to easily create expense reports of where he or she is spending money. You can do things such as take pictures of receipts, track your time, log any distances traveled, and print it out whenever you want to for expense reporting.

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          Download Expensify here.

          5. Budgt: Daily Finance

            Budgt is another good app for helping you watch your budget, and it’s geared towards college students and other people on more strict monthly incomes. If you’re a student trying to make sure you stick within a certain allowance, this is a great app for you.

            Download Budgt here.

            6. Dollarbird

              Dollarbird is a personal finance app that focuses around creating a calendar of your expenses to give you a high-level view of your expenditures, as well as predict big expenses that will come up in the future. It’s great for making sure you have a macro-level view of your financial situation.

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              Download Dollarbird here.

              7. Pocket Expense

                The Pocket Expense App is an alternative to Mint. It gives you an overview of all of your accounts and expenses, and helps you keep everything in check without too many bells and whistles.

                Download Pocket Expense here.

                8. Toshl Finance

                  Toshl is a fun, personal financial management app that has many of the features of the other apps on this list, and adds in fun animated characters to make it more interesting. It’s also one of the few to also have an app for windows phones!

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                  Download Toshl Finance here.

                  9. Budget Boss

                    Budget boss is interesting because it learns your spending habits, and in addition to helping you make a budget, it can predict your spending over time in order to let you know where you’ll likely be at financially in the future. It’s great for helping you adjust course from spending too much of your money.

                    Download Budget Boss here.

                    Bottom Line

                    Those are our top 9 picks for great budgeting tools, but ultimately the most important thing is that you have some sort of money-management system. Keeping track of our money is important for ensuring that we’re on track for all of our financial goals.

                    Featured photo credit: rupixen.com via unsplash.com

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