Cloud-based computing is defined as a type of service that permits the utilization of specific software applications on shared computing resources such as disk storages, memory, and processing power. These computing resources can be used in separate data centers that are essential to host other applications from various platforms.

The history of cloud computing started in the birth of the World Wide Web itself, with the introduction of ARPANET in 1969. Several breakthroughs and advancements in computer science have been made until companies that specialize in offering access to business applications came to a boom. Finally, in 1996, the Cloud which turned out to be an idea from a research paper by Erich Schmidt was finally conceived.

Cloud-based software systems are by far one of the most heavily discussed topics in the corporate world due to its capability to transform a business in a variety of ways. This kind of computer systems can accomplish office tasks with amazing speed and accuracy while minimizing the commitment of any errors at the same time. What’s even more interesting is that they do not need the installment of other additional components, making it quite an affordable investment for effectively managing a business.

Having a reputable Cloud service provider can help improve the productivity of a business, promoting faster and continuous growth in the long run. As a matter of fact, the potential of Cloud has been widely recognized by companies from several developed countries such as Australia. Over one-third of Australian companies prefer a Cloud-based system. Additionally, Forbes estimated that more than half of the expenses involving Information Technology had been spent on Cloud-based systems alone last year.

But of course, any advantages can pose a set of disadvantages. If you want to learn more about the pros and cons of using Cloud-based Software Systems, take a look at the infographic below brought to you by Bizprac, software for builders:

cloud-based software