Cutting costs with cloud computing

Being smarter financially is a go-to resolution every New Year. Whether it's someone hoping to better manage their check book or a business finding ways to cut costs, being smarter with money is always a great goal to start the year.

, maybe your small business forms an "alliance" with a neighboring business and buys supplies together in bulk to cut costs. That's a simple and effective way to save money, but that's not the only way. As technology continues to advance, opportunities have flourished to cut down on the bills—and cloud computing is one of those ways.

Cloud computing is a way to not only host productivity applications, such as email and document sharing, but a way to "rent" software. Recent reports show cloud-based applications are being implemented by over 20 percent of small businesses and many small business CEOs are anxious to learn more.

As you can read on

Comcast & Microsoft Help Small Businesses Cut Costs with Email and Messaging

via

, an average 25-person small business can save over 80 percent over three years, yielding a two-month payback period by switching over to cloud-based computing.

Not only will you save money through the cloud, but your business will be more flexible with the creation of your anywhere IT environment. Your employees can be connected and productive no matter where they are.

You may find initial costs of on-premises equipment are manageable, but it's ongoing IT support, server maintenance, licensing and software update needs add costs in future years that could hamper other projects you have down the line.

Switching to cloud computing not only means saving money but saving time. Cloud computing yields improved utilization of resources. Moving applications into the cloud can free up time, effort and budgets, allowing you to further leverage technology to improve your business and

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To better understand cloud computing, read

What is Cloud Computing?

. To see how you can save money with cloud computing, read Steve Hilton's study,

Comcast and Microsoft Help Small Businesses Cut Costs with Email and Messaging

. Both articles can be found on

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Sponsored content provided by Comcast.

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