What You Need to Know About Cloud Commerce

About Cloud Commerce
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Negosentro.com | What You Need to Know About Cloud Commerce | Cloud commerce is the future of digital transactions. With the need for comprehensive data storage and user protections across e-commerce, cloud solutions mean cost-effectiveness and enhanced cybersecurity.

But is cloud commerce really better than traditional data hosting?

As e-commerce businesses across industries navigate the pandemic economy, it is important to explore all your data options. Cloud computing is the trend and for good reason.

Here’s everything you need to know about cloud commerce for the digital age.

Moving Away from On-Site Storage

When the coronavirus pandemic struck, cyberattacks increased at a rate of 400%. This explosion of criminal activity was prompted by both the shift of many companies to remote work processes as well as the greater economic insecurity faced by millions all over the world. 

And these attacks present a great danger to e-commerce companies. With user data at risk, the reputation and stability of your company’s processes are also vulnerable. Suddenly companies are caught in the crossfire of moving to remote networks while dealing with a more dangerous digital environment. 

This has led to cloud computing becoming the new normal for all aspects of business. From accounting to sales, the cloud rules all kinds of data management processes.

In accounting, for example, advancements in cloud computing have created benefits like:

  • Access from anywhere for authorized users
  • Greater security solutions without the workload
  • Automatic updates and back-ups
  • Comprehensive and unified data management

These benefits are invaluable for companies managing the challenges of the pandemic economy. With the ability for remote workers to securely access a system whose IT is handled by an expert third party, you keep data accessible and safe without taking on a massive cybersecurity endeavor on your own. 

Additionally, the effortless approach to backing up and managing transaction data through a cloud system can be a life-saver when dealing with tough competition. Workers can then use their time towards bettering content, products, and marketing strategies for greater success.

But with more cybercriminals out there than ever before, how can cloud data storage for your e-commerce business really be safer?

Protecting your Records

Small companies dealing with cyberattacks face average costs of around $500,000. If they lose access to vital data, these businesses report that they would be unprofitable within a month. 

Protecting your vital data—such as customer information, transaction details, accounts payable, and much more—can come with a hefty price tag if you’re trying to manage it all on your own. 

Often, an experienced cybersecurity professional is necessary to retain peace of mind for your business. These professionals are typically paid salaries around $100,000 plus benefits—if you can find one in the labor shortage affecting the field.

Third-party cloud services for handling all your commerce data, however, can circumvent these costs and barriers. Here’s how the cloud can better secure your online business cost-effectively:

  • Secure hosting.

One of the most challenging and vital aspects of operating online commerce is finding a secure hosting platform for all your needs. An experienced cloud provider can ensure that your needs are met without the risks.

Do your research and find a proven hosting platform to protect all your information.

  • Greater survivability.

Cloud data solutions have made a breakthrough in e-commerce survivability. Now, the right data service can back up all your data in a variety of locations while keeping them protected under expert cybersecurity practices.

In the event of a ransomware attack, an effective cloud solution can easily outmaneuver the attacker, keeping your data accessible without crippling damages.

  • Reduced labor.

It costs good money to maintain an effective cybersecurity and IT team that can handle concerns and data breaches at a moment’s notice. Depending on your business size, these tasks are often left to other employees.

By outsourcing your IT and security solutions to a third-party, you save time and labor across your business. This often makes the costs more than worth it.

  • Greater innovation potential. 

Chances are, your e-commerce store is not in the business of innovating cybersecurity solutions. Other professionals are out there, however, doing just that.

When you use a third party, you are contributing to a professional service that can innovate and experiment for greater security solutions. Many companies, for example, are switching to blockchains to host their data over an immutable database with cryptographic links. This allows for both accessibility of data and unprecedented protection.

With protective benefits like these, it makes sense that companies across the e-commerce industry are adopting third-party data hosting platforms. 

The Future of Digital Commerce

The future of digital commerce looks to be increasingly (if not entirely) cloud-based. Online sellers should consider these features now to get ahead of the game.

With the right approach to storing and managing your data over the cloud, you can transform your digital business to accommodate future trends. These include:

  • Consolidating your technology to improve employee and customer success
  • Integrating tech into new areas
  • Constantly updating to meet changing user needs

Such a future requires flexibility and security. Little offers digital businesses these benefits like operating within a cloud network.