Friday, January 10, 2014

Business Valuation & Benefits Of The Cloud

By Robert Sutter


It's apparent that the ways in which data is stored have grown quite a bit. At one point, we had to utilize physical catalogs but now that we have the Internet at our disposal, everything has seemingly been made so much easier. The cloud is another recent development to consider and it is one that has been incorporated into certain fields in the past. That being said, is it possible that it can also find its way into the inner workings that are associated with business valuation?

The cloud, in general, is seen as the Internet at large, which should give you a clear indication of just how strong it truly is. There are many different services which utilize the cloud and they have made the lives of those who use it that much easier. For example, did you know that a system like this has been put to use in the form of iCloud, which allows Apple users to download their content on practically every supported device they have? It is a system that works.

Many of you are probably wondering, "How can the cloud work when it comes to business valuation then?" It seems like many names will be able to bring this into effect, Gettry Marcus for example as one that is commonly associated with health care. It's apparent that many different records are to be had here and the cloud can store them all. I have no doubt that this addition can come into play and that it can be one of the most beneficial to boot.

Computers, in my opinion, are reliable for many reasons but they do have a number of limitations to consider. For example, your hard drive, while sizable, may not be enough to store every last bit of data that is required. What about the failure rates with computers in general if you pick up a model that is not up to par? The cloud does not seem to have these kinds of problems, seeing as how nothing about it is physical and therefore cannot be damaged in the same way that a laptop could be.

In my opinion, business valuation would benefit tremendously from the cloud if it was put to use. There is so much data that can be put to use and, in my eyes, it is practically limitless in comparison to the modern technology that we have with us on a day-to-day basis. The cloud does not have the same sorts of problems that we typically have to deal with. The cloud might still be growing but it's this level of growth that seems to encapsulate the greatest amount of potential.




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