Cloud Computing for Business: Rewards and Risks | iLAB

Cloud Computing for Business: Rewards and Risks

The IT world has been buzzing about the cloud for a while now, and today, 90% of businesses are using the cloud in some form or another, typically more universal software like Google Drive or Dropbox. But fully transitioning to cloud computing is another story. 82% of businesses are engaged in a hybrid cloud solution, meaning they’re missing out on the opportunities of full integration. These hybrid solutions lack the flexibility and security available in full integration, but the fact that businesses are not going the full mile is understandable. There are risks involved too. Calculating everything at stake during your transition to the cloud is tedious, so we’ve decided to give you a jump start. Here’s some cloud computing 101 to help you make the best decision for your business.

Rewards: Centralization, Customization, Security

Centralization: Thanks to the customizable nature of cloud computing, you’ll be able to have everything in one central location and designed to meet your specific needs. This means data, HR management systems, project management systems, email resources, and so much more. Centralization is crucial for companies of all sizes, but those with remote companies or a global presence will also benefit from transitioning to the cloud because employees can access information in real time, from wherever they’re located.

Customization: The cloud is widely touted for its ability to easily scale to your demands, no matter how often they change. The cloud has three layers: IaaS, SaaS, and PaaS that allow for a lot of customization. Not all cloud providers are created equal. The degree of customization will depend on what blend or type of services your provider can facilitate, and your needs as a business.

Security: Another reward of transitioning to the cloud is increased security. In a cloud computing system, you can develop access protocol around documents and data, ensuring that need-to-know information is consistently kept secure. Also, instead of sending documents back and forth with vendors and collaborators, increasing the risk to sensitive data, you can create a secure space in your cloud for these projects to be shared in real-time.

However, although the cloud presents security benefits, it also presents security risks. Customization only adds to the possibility of weaknesses in your cloud’s defenses. But, it’s more than possible to mitigate these risks. First you have to know what they are, though, so we’ve broken it down for you.


While your cloud service provider has security systems to ensure data is kept safe, integrating the applications your business already uses into the cloud comes with unique risks. Moving software to the cloud without testing can create vulnerabilities or even a cloud failure, bringing your operations to a screeching halt.
Your IT team can prevent risks like cloud failure or compromised data by engaging in testing after transitioning your software to the cloud, and whenever any updates or changes are made to the software.

If you’re starting to suspect it sounds like a state of almost constant quality assurance and security testing is needed to maintain your cloud solution, you’re right. Hiring an agnostic party to ensure your cloud is meeting your expectations means your experts can do their work in the cloud without worrying if the environment is unstable. Quality leaders like iLAB ensure you maintain fluidity, compatibility, and efficiency in your cloud environment.
If you’re ready to take the next steps to the cloud, but still want more info, download “Stairway to Heaven: A Step-by-Step Guide to Cloud Migration” for more information as you continue to explore what the cloud can do for you.