5. Increased Company Agility
Cloud providers can add servers or services quickly and easily, and make them available not only to your internal corporate users but to external contractors, partners and customers as well. That means you can achieve degrees of flexibility that would be difficult or impossible internally, allowing you to respond more quickly to your customers' needs or changes in your core business.
6. Enjoy More Fault Tolerance
Cloud providers can afford to have multiple data centers, multiple Internet connections at each data center, as well as replication of data between data centers. Plus, they can offer levels of data protection far beyond simple nightly backups, such as continuous data protection, generators to handle power outages, and high-end servers that can keep running even one component fails.
The savings that cloud services bring can be dramatic--not to mention other benefits, such as additional features and better agility. Just keep in mind that these benefits may be offset by the chance of losing data if the cloud provider has problems. You can balance the risks by adding fault-tolerant options, either through the cloud provider or by having them back up your data to another provider. In the end, you'll have to decide how much potential the applications you'd like to move to the cloud have to disrupt your business if they're not available.