Businesses all around the globe are increasingly adopting cloud-based software solutions, regardless of their scale. Many have chosen to migrate to the cloud to facilitate further growth and efficiency.

Experts predict that this trend toward cloud computing will continue to gain momentum in the years to come.

In Australia, approximately one-third of the business sector utilizes cloud-based systems, with 85% leveraging cloud computing software services and 60% employing cloud storage solutions. Globally, it's anticipated that by 2020, 83% of enterprise workloads will be hosted in the cloud.

To gain insight into why businesses are favoring cloud solutions over traditional systems, it's essential to understand the array of advantages and disadvantages that cloud computing offers.

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