Cloud computing is a prevalent buzzword among businesses and technology professionals. The real question for many IT technologists is whether the cost of transitioning to cloud applications will be low enough to have a significant ROI? Or will it be more costly to delay this investment?
The benefits of cloud computing are touching almost every business by letting you access software delivered through the internet from any location and through different devices. This is revolutionizing business collaboration strategies. While enterprises are facing an urgent need to pivot their traditional business practices; digital transformation is the path to make this change and the reality is that ‘cloud’ is one of the key drivers of this transition.
The wisdom behind cloud computing
Being on the cloud saves you from the hassles of investing in IT resources. This lets you be agile and flexible as a company. In fact, along with the flexibility, the cloud offers you scalable services and helps you effectively scale resources based on requirements.
In fact, at one point it became difficult for organizations to keep all of their business-relevant information and systems up and running on an in-house computer server. The solution for this critical problem is cloud computing. Now, cloud computing allows users to access all their information without keeping it on their computers. Most of us have been using a variety of cloud services without even realizing it; such as email and social media sites.
Another major benefit is security. Did you know that 94% of businesses improved their IT security after switching to the cloud? Think about your data being stored in-house, where you are constantly facing the risk of losing all your critical information due to data breaches or unexpected system shutdowns. But with the cloud, you can easily create multiple backups of your data.
What could be a better way of business collaboration?
The digital transformation of cloud computing allows files to be accessed from any place and at any time. It has now become easy to control the level of user authority for optimal delegation. Cloud has helped create an atmosphere of collaboration across organizations. All of these benefits indicate that the cloud is a logical and optimal solution for those planning for a digital transformation across their business.
#Flexibility #Mobility #Insight = Price Savvy
In the times of evolving technologies, we’re often challenged with making business decisions that affect our growth and bottom line. Our objectives are driven by solving problems and collaborating seamlessly by always staying under budget. Gartner’s IT Budget report reflects that companies spend 75% of their budgets on maintaining internal systems.
Your bottom line will love you for this – cloud services take advantage of scale and reliability and there is no need to update software internally, it is done automatically!
Worried about the price tag that comes with switching over to the cloud? Don’t be.
The moment you weigh the advantages of using cloud services especially while evaluating ERP budgeting, there are more factors to consider than just the initial price. Being on the cloud provides easy access to your company’s data saving time and money.
You get more flexibility with cloud versus hosting business on a local server. This makes a visible difference seen in the overall efficiency of your organization. 65% of respondents said that ‘the ability to quickly meet business demands’ was one of the most important reasons a business should move to a cloud environment.
If you have a staff with busy schedules or working remotely, the cloud feature keeps you connected with your coworkers. Using cloud technologies, you can easily access information for a smarter work-life balance.
It has become easy to implement tracking mechanisms and eventually analyze information across the organization. And with those insights, you can improve efficiencies and make an action plan to meet your goals.
During the initial stages of choosing your cloud-based business software such as an ERP, you’re probably wondering how much it costs. If you are growing your company and are looking for a cloud ERP a cloud-based intranet, or a cloud enterprise collaboration app for cost-effectiveness, flexibility, scalability, and fast success get in touch with us today!
Download our whitepaper on Achieve Manufacturing Excellence with Cloud ERP if you wish to learn more about our Cloud ERP solution and how it can help your business with its functions.