Analytics in the Cloud: Limitless Possibilities

Starr & Associates recognizes the value of doing business in the cloud, as 90 percent of companies have, a 451 Research study states. Using a multi-cloud approach, these companies moved to remote computing, networking, and data storage.

Migrating to the cloud helps businesses of all sizes – small, medium, and corporate businesses. A MicroStrategy report reveals that nearly 94% of businesses know that analytics and data are essential for the growth of their business.

Establishing cloud business systems makes amassing and parsing big data simpler by providing a direct line from a data lake to an office suite. The flexibility and scalability of cloud computing for business lets a business grow without exorbitant equipment and software costs attached. Plus, using cloud software frees your employees to work from anywhere – conferences, manufacturing plants, satellite offices, etc. Businesses that have already moved to the cloud benefitted from a workforce ready to work from home during the COVID-19 pandemic, thus driving collaboration efficiency.

A full move to cloud computing not only improves efficiency overall and in individual work processes; it provides a foundation of business continuity, a cornerstone of every business’s emergency plan. Erasing the times of unrecoverable data loss has shored up the health of companies. Techjury reports 80% of businesses find that incorporating cloud technology has a positive impact and report operation improvements almost immediately after adopting cloud technology.

All of this integration comes together to help the typical office employee who doesn’t know SQL but needs to query data and generate on-the-fly reports. The ease with which data lakes tie into office suites enables businesspeople to run ad hoc reports to speed up the time required to generate meaningful insights from big data.

Erasing business silos results in better data sharing. This result of big data as a part of cloud computing and cloud officing eases collaboration between teams and between companies. Businesses may turn to outside firms to connect divergent data sets for collaborative projects.

Cloud methods also improve data governance and security. Business in the cloud requires fewer compliance resources while making it simpler to collect data for compliance. In an article by Techjury, it is reported that in 2020 around 83% of businesses’ workloads were stored on the cloud.

By making it easier to work and simplifying report generation, using the cloud to enhance a company’s abilities in business analytics improves return on investment (ROI) overall. Moving to the cloud can quickly pay you back just off of the savings from buying new on-premises computing equipment constantly. Your staff can use their own computers in conjunction with a company VPN to access cloud apps and data.

Contact Starr & Associates to learn more about moving to the cloud and for help in setting up your business analytics. We help businesses synchronize date, efficiency and execution to win!