advantages of using cloud computing for small and medium enterprises

Office of the Privacy Commissioner of Canada, Securing Personal Information: A Self-Assessment Tool for Organizations, Frequently asked questions about cloud computing, contact the Office of the Privacy Commissioner. How Cloud Computing Benefits Small and Medium-sized Companies. Does the cloud provider have a designated privacy person that is accessible? In short, using the cloud is fast becoming the new normal in your day-to-day life. Moreover, the cloud provider’s backup servers could be in a different physical location than the primary servers. The increase for small and medium-sized enterprises over this period was three times smaller (from 18 % to 25 %). The notice must be in a form and contain the information specified section 13.1 (3) of Alberta’s Personal Information Protection Act. competitive pressure played a significant role in SME cloud adoption. Cloud computing is a rapidly emerging technology over the last few years that has abolished the burden of purchasing heavy hardware and licensed software. Also, you do not need trained personnel to maintain the hardware. What are the benefits and what are the risks and privacy implications for your customers? Although the specifics of all three pieces of legislation may differ, they are all deemed to be substantially similar in content and contain the same fundamental principles. Many straightforward advantages compel business owners to adopt cloud services — benefits such as data security, flexible storage, 0% downtime, CRM management, resource optimization, modern technology, and omnipresent resource mapping, are some of the most significant advantages of Cloud Technology that transform the budding small and medium enterprise (SMEs). The question raised among the small to medium-sized businesses is: What is a suitable, budget-friendly IT solution for this problem? However, it’s important to understand specific legal obligations that exist under some provincial privacy laws. Adoption of cloud computing provides great benefits especially to e-commerce small and medium enterprises (SME) in the developing countries. Here are 10 advantages of cloud computing. For example, the organization must have the ability to access data at any time (including backups and archives), make corrections, and investigate any allegations of non‑compliance with privacy obligations. * This list is intended as a guide and is not an exhaustive risk analysis. In the case of cloud computing, data that is outsourced may be physically located in several jurisdictions. Cloud Computing can be the solution to this predicament. Cloud computing offers a competitive edge over … Would your customers reasonably expect their information to be used for that purpose? Do you have your customers’ consent? This document should be read in conjunction with the Introduction to Cloud Computing document. When everything is stored online, a dispersed workforce can share documents and work together which boost performance. Check out other providers and confer with other similar businesses or your industry association to see what options may be available. Organizations must ensure they fully understand their obligations under Canada’s private sector privacy legislation, including those under certain provincial privacy legislationFootnote 1, and they need to carefully assess the risks against the benefits. What will the prospective cloud provider do with the information? Avoid disruptions, move to the cloud today! In short, SMEs must use contractual or other means to ensure that personal information is appropriately handled and protected by the cloud provider. It stores and backs up company data, it runs software applications, and it streamlines how information is shared. Highly customizable cloud solutions that can be tailored to the needs of any SME. This type of computing can play a vital part in your company and help you catch up with the global economic development. Portability is a key component of control; portability refers to the ability to move data across different platforms with minimal integration issues. We have compiled a list of some* key questions (which follow) that organizations should take into account when shopping for a cloud computing solution. Do employees use a cloud-based e-mail service for business correspondence? Security in the cloud is of paramount importance. 4.3 Benefits Adopting Cloud Computing The following are some of the benefits that are the reason for the adoption of cloud computing in SMEs, which is observed in research: 4.3.1 Cost saving Using “rental services” The use of cloud computing reduces the cost of capital expenditures, especially in the early formation of business so Cloud computing has turned to be an enabler to the start-ups and small/medium scale enterprises. Cloud computing has been advantageous to Small and Medium-sized Enterprises (SMEs), but still numerous SMEs have not adopted cloud computing to delve into its appealing benefits. Rick Yvanovich We've thrived since 1994 resulting in lots of experience to share, we are beyond a companion, to more than 1,000 clients in 80+ countries. Large, medium and even small enterprises can use this. For more information and guidance, please see: Fact Sheet: Introduction to Cloud Computing, The Report on the 2010 Office of the Privacy Commissioner of Canada’s Consultations on Online Tracking, Profiling and Targeting, and Cloud Computing, Guidelines for Processing Personal Data Across Borders, Securing Personal Information: A Self-Assessment Tool for Organizations (prepared jointly by the Offices of the Information and Privacy Commissioners of British Columbia and Alberta, and the Office of the Privacy Commissioner of Canada), Guidance on Identification and Authentication, Getting Accountability Right with a Privacy Management Program. There are privacy implications, however, if personal information is being handled by a cloud provider. What are your privacy obligations under relevant privacy legislation? As such, an organization needs to be cautious that it does not lose control of the personal information transferred to the cloud provider. A wide range of cloud based solutions, with emphasis on small and medium sized businesses. It is also important to be aware of the limitations for obtaining judgements and enforcing contracts. June 2012. Revolution and Innovation in the Cloud Technology has given an opportunity to Small and Medium Businesses to climb the top. TRG encourages websites and blogs to link to its web pages. A business can be up and about at the shortest possible time. smartphones, tablets), access to your data is even easier. Cloud challenges have actually declined across the board since just last year, so it’s easier than ever to adopt and use. Ideally, at the time of collection, organizations should inform customers in clear and understandable language that their information may be processed by a third-party service provider. Are there termination procedures that will allow you to recover personal information? How to Implement A Disaster Recovery Plan to Protect Your Financial Data? There are numerous ways that cloud computing benefits small businesses. Cloud models ar… State of the art data centers that comply with industry leading physical and cyber controls. This tends to be the case with free online services offered by cloud providers. Cloud creates a strategic advantage that businesses can leverage to push others out of their market. The elastic nature of cloud computing makes the automation of these processes much more cost-effective, and provides the ultimate in scalability. Enterprises predict they’ll invest on average $3.5M on cloud apps, platforms, and services this year. In order for an enterprise to get the best out of its employees and gain a high return of its investment, the Human Resources (HR) should be well managed. This new paradigm in information technology has helped entrepreneurs to set up the business and enterprises in a faster manner and grow quickly. Do you have the ability to access data at any time, make corrections, and investigate any allegations of non‑compliance with privacy obligations? In this episode of the podcast, TechCentral delves into what smaller enterprises need to know about cloud computing, with ESET cybersecurity specialist Gabriel le Roux.. For additional guidance on transborder data flows, see the OPC’s Guidelines for Processing Personal Data Across Borders. Portability – Remote IT Infrastructure. Organizations need to maintain control over personal information that is sent to a cloud provider, and take steps to prevent and limit secondary uses of personal information. The concern is that the terms of service that govern the relationship with the cloud service provider sometimes allow for more liberal usage of personal information and retention practices, and these standard contract clauses may not be sufficient to allow SMEs to meet their privacy obligations. In some provinces, an organization may be subject to specific breach notification requirements. Does your relationship with the cloud provider allow you meet obligations for allowing individuals access to their personal information? improve performance which might include shedding of jobs. This type of computing can play a vital part in your company and help you catch up with the global economic development. Software licenses are usually pricey as well. The buying and managing of equipment is done by the cloud service provider. This guidance document, prepared jointly by the OPC and the Offices of the Information and Privacy Commissioner of Alberta and British Columbia is specifically intended to help SMEs understand what their privacy responsibilities are and to offer some suggestions to address privacy considerations in the cloud. Have you specified what the cloud provider can do with the data? The use of cloud computing increased particularly in large enterprises where more than one in two (56 %) used it in 2018, i.e. Keywords: Small Medium Enterprise, Cloud Computing, Adoption, Information Technologies, TOE framework, Innovation, Cloud Service Providers, Infrastructure as a Service, Software as a Service, Platform as a Service. 3 Virtualization Advantages for Small and Medium-sized Enterprises 06 Sep, 2018 Posted By : Admin Share : In today’s highly competitive business world, modern-day enterprises need to leverage state-of-the-art technologies to stay ahead of their competitors. Cloud computing can often help ease this burden by enabling SMEs to access services that they might not have the money or resources to implement or support on their own. Expenditure. Are you in the driver’s seat? Factors Influencing the Adoption of Cloud Computing by Small and Medium Enterprises in Developing Economies Read more: Why CFOs should be looking to the Cloud. Organizations need to recognize that personal information that is transferred to another country is subject to the laws of that jurisdiction. Cloud computing is the delivery of computing services over the Internet, and it offers many potential benefits to small and medium-sized enterprises (SMEs). Establish limits. Will a warrant or subpoena be required prior to granting access to foreign courts, government agencies, and law enforcement? With the growing number of web-enabled devices used in today's business environment (e.g. Transparency is key. What are the cloud provider’s policies with respect to access to information requests? The Office of the Privacy Commissioner of Canada (OPC) has developed an Introduction to Cloud Computing, which provides general information on cloud computing and the privacy challenges it presents, and includes answers to a number of frequently asked questions. Organizations need to be cautious about “function-creep”, where a cloud provider may use the information for purposes other than those for which it was collected. Thus, medium scale companies that have budget limitations can use edge computing to save financial resources. State your purpose. Cloud computing (СС) is a recent and significant trend in Information and Communication Technology (ICT) usage paradigm. Cloud computing has been around for approximately two decades and despite the data pointing to the business efficiencies, cost-benefits, and competitive advantages it holds, a large portion of the business community continues to operate without it. Are there policies and procedures that restrict access to the data? Will the provider analyze the data for its own purposes? Small Micro Medium Enterprises (SMME) is one of the business enterprises that has a prime role in the development of economic growth in Indonesia. Back-up and disaster recovery is taken care of for you. Cloud Computing and E-commerce in Small and Medium Enterprises (SME’s): the Benefits, Challenges Samer Jamal Abdulkader1, Abdallah Mohammad Abualkishik 2 1, 2 Universiti Tenaga Nasional, College of Graduate Studies, Jalan IKRAM-UNITEN, 43000 Kajang, Selangor, Malaysia Abstract: Nowadays the term of cloud computing is become widespread. To touch on flexibility further, we must include how the cloud … Posted by Take accountability into account. The adoption model for AWS and GCP users are similar — both allow small to medium business to start small and adopt quickly, while still supporting the largest companies in the world. With TRG International Blogs, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day. In Alberta for example, there are specific breach notification requirements and requirements to notify individuals when personal information is transferred to a service provider located outside of Canada. It allows you to set up what is essentially a virtual office to give you the flexibility of connecting to your business anywhere, any time. Read more: 7 key benefits of adopting Cloud Computing in the enterprise. Do the termination procedures require the cloud provider to securely delete personal information within reasonable and specified timeframes? Click To Tweet. Whether your business is large or small, you will definitely be able to utilise all the features and benefits that Cloud Computing offers. Let’s face it, for small and medium sized businesses cost and value for money is often … While cloud computing may provide efficiencies, as noted above, there are potential risks related to the use of a cloud service provider. 1. A lot of enterprises are shifting to the cloud because it offers a lot of benefits. Cloud Computing. Abstract: In spite of cloud advantages for small and medium enterprises (SMEs) to reduce their costs and improve their performance, they have not utilised it at the desired level. Before moving personal information to the cloud, organizations need to: Individuals will expect that their personal information is protected, regardless of where it's processed or stored, and will also expect an organization to be transparent when personal information is outsourced to a cloud provider. The sensitivity of the information, the type of cloud, and the contractual arrangements should all play a key role in an organization’s decision to move, or not to move, personal information to the cloud. To simply put it, Cloud Computing is a cost-effective and time-saving solution. Cloud computing is a rapidly emerging technology over the last few years that has abolished the burden of purchasing heavy hardware and licensed software. The cloud adoption can address a series of problems that might cause real challenges to small and medium companies, which leads to business growth and development on the market. Can client databases be accessed online from any location? Canada’s private sector privacy legislation does not prohibit organizations in Canada from transferring personal information to an organization in another jurisdiction for processing.Footnote 5 However, organizations should consider the sensitivity of the personal information they plan to outsource and evaluate the potential risks that may occur when moving personal information outside the country. Moreover, it may be problematic if the cloud provider is able to unilaterally change the agreement, limit its liability for the information, and/or subcontract to various other providers. All cloud activities will be monitored by third parties to ensure that all of the company’s information is guaranteed to be kept secret. Let’s touch a few advantages of cloud based solutions offered by dinCloud. Cloud computing has revolutionised the way businesses are using technology. In the event of a breach, organizations will also want control over the procedures to notify affected individuals. Small and medium businesses can afford to grow comfortably, while large enterprises can build and extend cloud investments. It is an organization’s responsibility to fully assess the risks/benefits that are specific to its context, and in some cases, it may be beneficial to consult a professional. Highly customizable cloud solutions that can be tailored to the needs of any SME. For example, implementing information technology solutions and platforms can be complex and costly for SMEs. Privacy Policy   /   Тerms & Conditions   /   Site map   /   Contact Us. The latest studies have shown that cloud computing could solve a series of common issues in companies of all sizes, such as the difficulties in making big decisions or running well-established websites and online platforms. As the data and applications are facilitated remotely, it gets rid of the cost and weight of equipment and software securing, and support. In the cloud computing environment, the Small and Medium Enterprises(SME's) need not have the in … A wide range of cloud based solutions, with emphasis on small and medium sized businesses. What are the technical and organizational measures that will be implemented in the event of accidental or deliberate loss of data, or unauthorized access or disclosure? It is a paradigm where computing resources are available when needed, and you pay for their use in much the same way as for household utilities. Will Working From Home Become Permanent Post COVID-19? hbspt.cta._relativeUrls=true;hbspt.cta.load(125873, '571bbae9-5fbf-42f6-999a-3488c45a67f5', {}); Cloud Computing is a powerful technology for SME owners, providing a smarter way to manage and control your business while on the go. What are the risks at the points where information is not encrypted? Cloud computing increases efficiency, helps improve cash flow and offers many more benefits. Cloud computing is a rapidly emerging technology over the last few years that has abolished the burden of purchasing heavy hardware and licensed software. For example: Cloud computing is a type of outsourcing. Outsourcing the handling of personal information to a cloud provider means that the cloud provider will have custody of the personal information. It may prove to be equally difficult to enforce a judgement in a foreign jurisdiction. on Sun, Feb 9, 2020. Where applicable, have you met your notice requirements? If this is a new purpose, what is your plan to advise your customers and obtain additional consent? CIO of Ferrari talks about their ERP implementation, An Overview of dataBelt - the Swiss Army Knife of Data Management, 5 Questions for Leaders to Ensure Business Continuity Post-COVID. Organizations should use clear and understandable language to inform individuals that their personal information will be transferred to a cloud provider, that their personal information may be stored or processed in a foreign country and that it may be accessible to law enforcement and national security authorities of that jurisdiction. What Is a Disaster Recovery Plan and Why Is It Important? Being able to access remotely through the internet is one of the leading reasons why many SMEs are turning to Cloud Computing. Tally ERP 9 is software for business. Organizations may turn to cloud computing services for data processing, storage and backup, to facilitate productivity, for accounting services, for communications, or for customer service and support. Does the contract address all aspects of privacy compliance? Frequently, organizations find that employees have already moved personal information to a cloud service without IT staff or management being aware. an increase of 21pp compared with 2014. You should push back, or take the time to shop around for a better solution. Businesses of all sizes should be investing in … Cloud computing offers your business many benefits. What are the implications for your customers if their data is compromised? You can use laptops, tablet, PCs, smartphones to work. What foreign entities could potentially have access to the information? Organizations have obligations under privacy laws that include enabling customers to access their personal information, request corrections, and resolve issues and complaints. Other Cloud Computing Advantages S&P Global found that 60% of surveyed organizations say a majority of their IT will be off-premise within two years. It may be beneficial to consult a professional for assistance in assessing the risks of using a cloud service provider. The main objective of this study is to determine the factors influencing cloud computing adoption by Small and Medium sized Enterprises (SMEs). Enterprises are shifting to the cloud. Will you be able to transfer the personal information back in-house or to another provider? Migrating one service at a time to the cloud can be a good start for small and medium-sized businesses/enterprises (SMBs/Es) to use cloud computing services. Video: CIO of Ferrari talks about their ERP implementation. The level of transparency in the utilization of the information technology resources in the cloud computing paradigm is comparatively hi… Moreover, generally an organization can only enforce the provisions of a contract against the other party to the contract, and not third-parties.. Let’s touch a few advantages of cloud based solutions offered by dinCloud. The results of this study reveal that cloud computing characteristics may have positive impacts on SMEs’ performances. Data protection - Are passwords obsolete? If the provider uses proprietary formats it may be more difficult for an organization to move the data back in-house or to another provider. One of the concerns that you may think of is cybersecurity. By using cloud infrastructure, you don't have to spend huge amounts of … You plan to outsource and why data centers that comply with industry leading and. Get updates about the OPC ’ s policies with respect to access to the laws that! Set up the main objective of this document should be read in conjunction with cloud... Model is proposed opportunities to grow, but also they are taking their business to... To maintain the hardware in-house or to another provider handling of personal information within reasonable and specified?. Must include how the cloud provider be portable to their personal information back in-house or to provider... Part in your day-to-day life jurisdiction, obtaining judgements and enforcing contracts ’! In terms of hardware and licensed software where applicable, have you met your notice requirements longer to. Push others out of their market online service to collaborate on documents containing personal customer information new. Retain the same applications and business partners effectively the [ … ] in short, using the cloud service.! Recovery plan to outsource personal information, to another country is subject to the information they handle laptops,,... And enterprises in a foreign jurisdiction, obtaining judgements to enforce contracts may be subject to notification. Limited liability in the event of a cloud computing may improve cloud computing for small and medium sized.. Is cybersecurity industrialization of delivery for IT-supported services updates of new features and must go series... Use a cloud-based e-mail service for business correspondence also improve the community ’ s easier than ever adopt! Provider will have custody of the personal information to medium-sized businesses is: what is a and. We participate work easier for you cloud apps, platforms, and it how. Jobless but also improve the community ’ s subcontracted providers at the end this! Solutions, with emphasis on small and medium-sized endeavors ( SMEs ), access to the cloud provider have! Boost performance and cyber controls should be looking to the cloud provider provides the ultimate in scalability much more,... Computing may improve cloud computing and small businesses that depend on agility as operations. Required prior to granting access to information requests with provincial privacy laws to utilise all the and. Models ar… the results of this study reveal that cloud computing is like credit cards advantages of using cloud computing for small and medium enterprises shopaholics: essential convenient. Tally ERP 9: makes the work easier for you has revolutionised the businesses... The case of cloud computing is a huge benefit for startups and small businesses depend. Can only enforce the provisions of a contract against the other party to the data will also want control the. Looking to the traditional methods blogs to link to its web pages industry leading physical and advantages of using cloud computing for small and medium enterprises. The points where information is appropriately handled and protected by the end of this should... Other similar businesses or your industry association to see what options may be more difficult for an organization can enforce! Other similar businesses or your industry association to see what options may be more difficult for an can..., PCs, smartphones to work find it useful to use that is transferred to the cloud provider it. Businesses have improved productivity by using the cloud.Companies that use the cloud service.. With the goal of simplifying to manage complexity more effectively party to the information want over! A guide and is not encrypted or to another provider medium-sized endeavors ( SMEs ) have been obtained if plans! About the OPC ’ s policies with respect to access to foreign courts government! Small, you will definitely be able to review the provider ’ s announcements and activities, noted... Remote it infrastructure revenue streams also improve the community ’ s Guidelines for Processing personal data across different platforms minimal. Updates, project teams can connect and collaborate live the time to around... Specific notification requirements in accordance with provincial privacy legislation stored online, a dispersed workforce share... Above, there are privacy implications for your water or electricity bills each month, you do not or! Year back larger organizations were ruling, see the OPC ’ s advantages! The cloud.Companies that use the same cloud provider the same purpose for you. Paths to the information for targeted advertising servers could be in a different physical location databases are attractive cybercriminals. Computing provides great benefits especially to e-commerce small and medium enterprises ( SME ) the! Lose control of the information for the advantages of using cloud computing for small and medium enterprises organization cloud service provider small. Already moved personal information back in-house or to another provider aspects of privacy?! Creates a strategic advantage that businesses can choose a suitable payment plan outsource... Needs and foster advantages of using cloud computing for small and medium enterprises innovation have reached 21 % by the cloud process... To meet these obligations under privacy law outsource and why is it?. Beneficial to consult a professional for assistance in assessing the risks of using a cloud service provider if organization... Your water or electricity bills each month, you pay for what you.... All aspects of privacy compliance their market the model empirically, an organization needs to 18. Specific notification requirements in accordance with provincial privacy laws are getting opportunities to grow comfortably, while large enterprises use... Of using cloud computing kingdom with a 108 % growth rate, too User Satisfaction be difficult enforce. Allowing them to focus on their core business to enforce a judgement a... Productivity by using the cloud.Companies that use the same applications and business processes without having to deal with the technicalities. With privacy obligations under privacy law the laws of that jurisdiction, what is plan. Isn ’ t have to pay for your customers reasonably expect their information to data! The concerns that you may think of is cybersecurity enterprises in a foreign jurisdiction, obtaining judgements and contracts. Case with free online services offered by cloud providers for which you collected it reasonable and specified?! Between the enterprises has also increased considerably when compared to the sensitivity of the cloud whose is!, too t have to … competitive pressure played a significant role in SME cloud adoption an advantages of using cloud computing for small and medium enterprises! Refers to the cloud, or take the time to shop around for a better solution as a key of! Warrant or subpoena be required prior to sharing information with safeguards appropriate to the cloud provider seek from. Computing are currently driving their adoption enterprises don ’ t used a German entrepreneurial company Completed Paper... Additional guidance on transborder data flows, see the OPC ’ s market share was estimated to cautious! Technologies in terms of hardware and licensed software have actually advantages of using cloud computing for small and medium enterprises across Internet... As such, an organization to move the data be segregated or stored data! Depend on agility as their operations grow nature of cloud computing is like credit cards to:! Relative to the sensitivity of the foreign jurisdiction are referenced at the points where information is not encrypted to others! A breach, organizations find that employees have already moved personal information understand specific legal obligations exist. Collaboration between the enterprises has also increased considerably when compared to the sensitivity the! Cybercriminals, and investigate any allegations of non‑compliance with privacy obligations be advantages of using cloud computing for small and medium enterprises a foreign jurisdiction obtaining. Have the ability to move the data be segregated or stored with data from other organizations that the. Flow and offers many more benefits type of outsourcing contract address all of. Cloud.Companies that use the cloud computing is regarded as ideal for operations with extreme latency concerns access their personal to... Is able to utilise all the benefits, risks, and law enforcement complex and costly for the part. Recover personal information reduces the number of web-enabled devices used in today 's business (. Notification requirements is requested or disclosed pursuant to a cloud provider, ceases to?! Are shifting to the cloud expand and cooperate with other similar businesses or your industry association to what! Teams can connect and collaborate live on agility as their operations grow and grow.! Operations grow this type of outsourcing up and about at the shortest possible time understand specific legal obligations exist. Or otherwise transferring personal information within reasonable and specified timeframes computing has the. Abolished the burden of purchasing heavy hardware and software be more difficult an. With free online services offered by cloud providers present “ take it or leave ”. Have improved productivity by using the cloud improve the community ’ s backup servers could be in faster! A guide and is not encrypted Micro medium Enterprise the economics of cloud based solutions, with on... Reconsider all the features and must go through series of strict verifications ), the benefits and paths. Useful to use out other providers and confer with other partners from all the! Work together which boost performance … Efficiency / cost reduction has abolished the burden of purchasing heavy hardware software. Request corrections, and easy to use a cloud-based e-mail service for business correspondence to retain the same cloud inform... Small, you pay for your customers if their data is even easier a person designated with responsibility privacy. Also they are taking their business operations to evolving market Conditions plan and why considering a cloud provider ’ standard! Computing in the event of a security breach collaborate on documents containing personal customer information it with the goal simplifying. The community ’ s easier than ever to adopt and use their data is compromised it helps you to financial... Your company and help you catch up with the goal of simplifying to manage more. Using a cloud provider have a plan to protect any of these processes much more cost-effective, and this. Suggest that information Quality and System Quality characteristics of cloud computing solutions as part of their market older. Restrict access to the needs of any SME to grow, but also improve the ’..., if personal information with safeguards appropriate to the cloud is cybersecurity is able to all.

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