The Value of Cloud Computing to an Entrepreneur Who is Starting a Business

What is the Value of Cloud Computing to an Entrepreneur Who is Starting a Business?
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What is the Value of Cloud Computing to an Entrepreneur Who is Starting a Business?
Cloud computing has become the popular approach for businesses to leverage internet power. Attaran and Woods (2018) describe it as a collection of diverse platforms that promote distributed computing by integrating servers, software, networks, and interfaces to facilitate task execution. According to Lawler and Joseph (2012), many companies have demonstrated that it brings strategic advantages to the business operations, making a firm more competitive in the market. In this context, cloud computing is valuable to an entrepreneur starting a business because it levels the playing field, builds the future, and preserves capital for scaling the business
Exploiting this technology offers upcoming businesses diverse advantages. For instance, Stone (2014) highlights field leveling as a fundamental aspect that spares the entrepreneur the headache of worrying about the unfair competition from well-established corporations in the market. Instead, they need to concentrate on the quality of their products and services since cloud computing offers them comparable technological prowess. Another aspect that makes cloud computing valuable is that it builds future forecasts for the business, enabling the investor to make appropriate decisions to take advantage of emerging opportunities uncovered by trends generated through the technology (Gkikas, 2014). Finally, it remains invaluable because of the capital preservation capacities that the entrepreneurs enjoy while utilizing distribut...