Cloud computing allows startup businesses to outsource internal data centers and yet reap the same computational benefit. It, basically, acts like a digital rental complex. You can “rent” a space for installing your digital data center.

Years ago, such solutions weren’t fast enough for most businesses, but as smartphones and other IoT (Internet of Things) solutions have become prevalent, the speed and effectiveness of cloud computing solutions has exponentially expanded. It’s getting to the point where avoiding the cloud undermines competitiveness.

Businesses are even hybridizing to reap benefits. As a startup, you don’t have to phase out your internal, legacy data center. You can just jump on the cloud from the get-go, and experience all the benefits. Big Data allows for continuous analysis of complex systems, and even those you may design yourself via IoT.

Cloud Applications

Additionally, there are a ubiquity of applications you can use with the cloud which streamline your business and cut the expenses. Here are a few cloud computing applications which are worth exploring. Did you know it’s even possible to completely automate time-keeping to software solutions which can cut staff costs?

The makers of Clockspot have developed an application which can make it possible for employers to: “Track employee time from anywhere.” This is facilitated through cloud computing, and basically pays for itself when you consider the savings from the position(s) which such tech fills in your business.

With all these things in mind, it makes sense that many businesses are avoiding traditional office models altogether. Why rent 5,000 feet of floor space, install cubicles, buy computers, hire an on-site tech team, and constantly deal with broken computers, when you can get your employees to do it for you?

A Remote Office

BYOD refers to Bring Your Own Device. Basically, you have a method with multi-phase identification (a passcode on a cellphone from a password protected network) that allows you to have secure operations without needing the equipment. Employees log in to your cloud-supported network remotely, and their device is their responsibility.

This could save you $10k or more a year, depending on the size of your startup—and those savings shouldn’t be ignored. Still, not all jobs will give you the opportunity to consolidate workers into a single location from which you can monitor operations.

Sometimes you’re going to have to go out and mingle with your clientele, making sales on the spot. Other times you’ll have to make physical sales from a rooted location. Therefore you need to be able to process the most diverse payment options. But there can be costs involved with processing things like credit cards.

Save On Processing Costs

One of the most recommended credit card processing solutions can be found at Dharma offers: “…the fairest pricing model in the industry, with flat and fixed margins, so you always get a fair deal. No long-term contracts, no hidden fees.”

If you’ve got a lot of credit card transactions, this simple solution can save your resources substantially. And again, it’s just one of many tech innovations which are making it possible for small businesses to compete with larger ones from the very beginning.

As a matter of fact, you may even be able to implement the new tech easier than large businesses because of their scale. If it’s more cost-effective for you to upgrade, you’ll upgrade. If it’s more cost-effective to stay-put, you’ll stay put. This is why some established businesses have yet to upgrade. So get an edge up on the competition!

About the Author:
Kevin Bennett is a super-connector with who helps businesses with building their audience online through outreach, partnerships, and networking. He frequently writes about the latest advancements in the SaaS world and digital marketing.