Cloud-Based Insurance solution

Data collection and analysis is the cornerstone of successful business in today’s market because it allows one access to information that enables higher revenue and improved user engagement. Through something as simple as live video analytics we can harvest and categorize information related to our products, the audience likes and dislikes, most interesting parts of the content, as well as moments where we lose the interest of our viewers.

Collecting user information is not to be trifled with because we are held responsible for every bit of user information that leaks outside our server, which is why it’s of paramount importance to keep each piece of data safely stored. Also, the data we acquire needs to be seamlessly accessible to staff members that need that information for further development, which is why cloud-based data storage solutions are gaining in popularity from the moment the technology was first introduced on the market.

Cloud data storage offers high-end protection

What puts cloud data storage in front of other storage solutions is its affordability, ease of access, and eco-friendly approach as we avoid spending additional energy and heat emission among other things. Moreover, according to a study conducted by Dell, companies that invest in big data, mobility, and cloud computing experience up to 53 percent higher revenue growth than those businesses that avoid moving their business to the cloud.

However, one of the most important aspects of cloud-based data storage is access to high-end security as cloud service hosting companies use encryption as well as many custom security measures to provide integrity of user data. Cloud data safety is not only reflected in the inability of third-party access which could lead to loss of user information that could harm any business operation irreversibly. The main safety benefit is the ability to quickly recover data in case of a disaster caused by software changes without the risk of going offline for hours. Keeping in mind that cloud services provide constant security monitoring, allows business owners peace of mind knowing that they don’t have to invest in safety protocols or redirect members of their IT staff to data safety assignments.

Cloud solutions are cost-effective

Another important benefit of cloud-based services represents the lower operational costs, especially in complex IT systems. Cloud service mitigates numerous expenses such as hardware acquisition and maintenance costs. Instead of having a part of your crew dealing with data security and accessibility the entirety of these efforts is transmitted to the hosting agency. This allows users to focus on more important matters such as the development of new business strategies and dealing with consumer requirements.

Furthermore, business expansion is less costly using cloud solutions; instead of investing in new equipment and waiting for days for it to be installed and put into use, cloud services offer a swift and painless increase in storage space, bandwidth, and computer power. This is extremely important in situations when there is a sudden surge in traffic because there’s no risk of system overload.

Nowadays, business owners can hire globally, which makes the need for seamless access to important business data imperative. With cloud solutions, all business data is accessible to all relevant employees disregarding their current location as long as there’s a stable internet connection.

Moreover, with user-level access implementation, business owners are able to seamlessly dedicate a proper level of access to individual employees, which diminishes the chance for unauthorized data access and potential loss or corruption of data. Most importantly this way the business owners reduce the chance for internal data theft, which is a more common issue than one might imagine.