Small business owners will most likely have heard of the term ‘cloud computing’, but if asked to explain its meaning they may struggle.
Cloud computing is actually a very easy concept to understand. Cloud software is hosted on virtual servers maintained by an external provider, reducing the need for a complex IT infrastructure and lowering the cost of starting a new business significantly.
Cloud software is often provided to the consumer on a subscription basis and this will always give you access to the most current version of your software, which will also be the ONLY version. No more buying annual updates that only incrementally improve performance.
Because the data is stored in your account rather than on your computer it is accessible from anywhere in the world. Many cloud computing software solutions are designed to run directly inside your web browser, allowing you access from any operating system or internet-enabled device.