When it comes to AI, the Cloud is the silver lining
Innovation is a critical element in achieving success in business. You can see this by looking at the most successful companies today, which can be described as truly innovative. According to Forbes, Apple, Google, Microsoft, and Facebook are the world’s most valuable brands, in that particular order.
These companies are so innovative that today’s world would be very different without them. Now, as a business owner, a question that you’d like to ask is, “How can my company be innovative just like them?” Well, one way of achieving innovation is through the use of the latest technology available in the market.
One technology that is making headlines today is Artificial Intelligence (AI). By integrating a “human touch” in machines that enables them to decipher language, symbols, text, and more, companies are getting a better understanding of their customers, which in turn allows them to offer personalized experiences that most people are looking for.
Not just for big businesses
Just like any other technology, AI has its disadvantages; one in particular can be unbearable for small businesses to handle. Before incorporating AI into operations, organizations must take note that it requires significant infrastructure costs as the technology is not yet mature and mass-produced. On top of this are expenditures for constant maintenance and updates needed to run it smoothly. But just like any other challenge, there is a silver lining, and it comes in the form of cloud computing. In many ways, AI and cloud computing make the perfect match for digital innovation.
Below are just some of the reasons why.
The first benefit, and perhaps most important in the minds of many small business owners, is the cost advantage. Moving AI to the cloud eliminates the cost of hardware and maintenance. Removing these capital expenditures and the associated service salaries can translate into significant cost savings.
Unprecedented Data Storage and Access
AI feeds off data, and the more data it accesses, the smarter it gets. Compared to traditional on-premise data storage systems, cloud environments can support enormous volumes of data, without traditional silos or delayed accessibility as it can be accessed through any device via the Internet. Additionally, because of the nature of cloud environments, these large volumes of data are easily scalable.
With the cloud, handing data for AI becomes simple. All you need in your office is a computer and an Internet connection. Much of your server hardware will no longer be necessary, which saves physical space and eliminates the need for maintenance, as most cloud storage providers will be the ones who will maintain, manage and support everything. This frees up employees who would otherwise cover the tasks necessary for keeping your data safe and your server(s) up and running.
24/7 Data Protection and Disaster Recovery
Because AI depends on massive amounts of data to perform well, the protection of data and its immediate recovery during disasters should be a priority. Fortunately, the cloud has the features to achieve this.
Most cloud storage systems regularly backup a company’s programs and data, effectively creating a second copy of important files. These files are stored in a remote location and can be easily accessed, or stored in a virtualized environment that is easily scalable. In the event of a disaster, it can take just minutes to copy or move the backed-up systems so the company can resume operations right away.
With all of the benefits cited above, companies that utilize technology such as AI will not only survive; they will successfully compete and even flourish in the face of the constantly changing business environment.
Small businesses need not shy away from AI. Used in tandem with the cloud, AI can help small businesses boost their IT functions, development processes, and operations, thereby earning a huge critical advantage over competitors.