The Role of Cloud Computing in Scaling Startups: Balancing Technology and Business Growth
DOI:
https://doi.org/10.47392/IRJAEM.2024.0543Keywords:
Cloud Computing Strategies, Startups Business Advancement, Cost Structure Dynamics, Security in Cloud Computing, Entrepreneurial StrategiesAbstract
While the benefits of cloud-computing strategies are indisputable, many start-up founders do not know how to meld utilizing its advantages and minimizing its disadvantages. This research utilizes the rich empirical context offered by distinct features of successful and unsuccessful businesses and investigates the intricate relationship between cloud computing and business advancement for startups. Investigating nuances of the cost structure dynamics, security determinants, and organizational consequences, we show various ways in which different types of startups approach cloud computing strategies. As our findings suggest, cloud computing is successfully integrated into all aspects of teh company strategy, team competencies, and growth objectives but the deployment of the cloud is much more than a mere technical deployment. We provide relevant recommendations for entrepreneurs of start-ups by analyzing the strategies used by more successful imitations of Zoom, Slack and Dropbox and some less successful ones. The paper advances practical recommendations aimed at helping the founders harness the potential of the cloud.
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Copyright (c) 2024 International Research Journal on Advanced Engineering and Management (IRJAEM)

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