(MENAFNEditorial) 
Cloud computing provides numerous benefits for businesses. This enables something similar to a virtual office to be set up providing the flexibility of connecting to the company at any time and from anywhere. The business world uses a lot of devices enabled by the web such as tablets, laptops and smartphones. Cloud computing makes it even easier to access the data from these devices.Cloud computing often decreases the costs of maintaining and managing IT systems. The business does not need to buy expensive equipment and systems. The costs are reduced through the resources of the provider for the cloud computing services. Many contracts include the expense of new software or hardware and system upgrades. This lowers the expenses even further. The wages for expert staff are eliminated, time delays are decreased and the cost for energy consumption may drop. This is all a part of the Managed Services Industry which began in 2000 as the .The operations of the business can be scaled down or up. The storage needs, and flexibility will change with the needs of each situation. Expensive upgrades do not need to be purchased and installed by the company because this is taken care of by the cloud computer service provider. The cloud provides the business with enough free time to attend to important matters. Cloud also provides more flexibility for the employees. They are able to access data during their commute to work, while on vacation and from their homes as long as they have a connection to the internet. If the individual is not on the site, they can establish a connection to the virtual office easily and quickly by using . The automatic updates for the IT department are sometimes included. Some cloud computing service providers use the latest technology to update the system on a regular basis. This may include upgrades for computer and server processing power and software. Many companies use Network automation software developed by an Israeli software company called . Business continuity planning involves protecting the company's systems and data. If the business experiences a natural disaster such as a power failure, the data is protected and backed up in a safe and location. The data can be quickly accessed to ensure business is conducted as usual. Any loss of productivity or downtime are significantly reduced because the data is not lost.When a business uses a cloud environment for collaboration, they gain the ability to share and communicate much more easily than by using the traditional methods. Many projects involve using different locations. Cloud computing can be used to give third parties, contractors and employees access to any necessary files. The business can select a cloud computing model designed to make sharing records with advisors simple and easy. This provides an option that is both secure and fast for sharing accounting records with financial advisors and accountants.
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