A cloud-based service is any resource that is provided over the Internet. It doesn't require any hardware  installation. All your business data is saved and secured on the cloud. Gmail is an example of a cloud-based service..

Cloud based services have several advantages because of which they have become a must have for businesses. Some of them include:

  1. Easy scalability: Cloud based services are ideal for growing businesses. You can expand or scale up your business according to your requirements without having to incur any additional infrastructural costs.

  1. Capital expenditure free: There is no need to install a hardware hence no setup cost is required. Companies that shifted to cloud based services saved  up to 21% of their cost, on an average.

  1. Availability: You can operate from anywhere and anytime. Cloud based services allow you to work after office hours and even at your home. All you require is an internet connection.

  1. Backup and recovery: The process of backing up and recovering data is simplified as all your data is saved and secured on cloud and not on a physical device.

  1. Multi-tasking: You can call, record and forward your calls at a single point without moving an inch away from your position.Therefore, all these tasks need not be done manually. This in turn saves time and chances of making an error.