3 Reasons Why You Should Consider Cloud Computing
No matter what business leadership role you are in, we are all trying to gain an edge in the market and increase the efficiency of our business processes. With that being said, if you haven’t given much thought to cloud computing, I can give you 3 highly profitable reasons why you should start…
Cloud computing is a style of applying computing and infrastructure technology that brings significant value to all sizes and types of organizations just like yours. At InCloud360, we leverage cloud computing as one method to optimize your business, streamlining your key Financial and Operational business processes.
Only pay for what you use
Cloud computing is a less costly way to business solutions largely because you pay for cloud computing services according to usage, rather than by investing in hardware and software directly up front. In particular, capital expenses are moved to operating expenses, which means the cash flow impact is spread over the usage of the resource rather than heavily weighted upfront. Therefore, cloud-based services have financial advantages when capital is constrained or cash flow is under pressure.
Additionally, cloud computing has exponential scale without the associated expense to the customer because in a multi-tenant model all of the computing and infrastructure resources are shared in a pool, and therefore they can be provisioned on-demand by task or job and then released for the next. This means you don’t have to invest in infrastructure to support peak times during the day, week or seasonal inflections.
Speed, Agility & Flexibility
Letting the Cloud Provider Drive Value
Cloud computing enables agility, speed and flexibility by allowing rapid deployment of the initial cloud computing services and future extensions & services, increasing the ability to meet dynamic business requirements. Cloud computing minimizes focus on technology infrastructure and refocuses it on the tangible services that are delivered. With cloud computing, the role of the IT organization can shift toward driving fundamentally new capabilities and dramatically restructuring processes that deliver more value to the business, rather than incrementally improving commodity processes.
Optimizing Resources Management
Cloud computing also frees up internal capital, technical talent, and management resources for more critical issues such as focusing on developing products and services as well as growing the business; fast growing start-up technology companies leverage the cloud in this way.
Cloud computing can provide enterprises with the capability to do things that otherwise couldn’t be done technologically, were not economically feasible, or would otherwise be deferred due to resource constraints. This is especially true for small and medium market enterprises because they don’t have access to large budgets, capabilities and size of staff that large companies do.
Maintainability & Mobility
Upgrades and migration costs of on-premise hardware and software are reduced, including the time and effort to manage these processes. The potential for business interruption is reduced as well, proving optimum levels of performance across the IT and financial departments.
The cloud computing model is based on standardization which can bring significant efficiencies and lower costs. High customization requirements will reduce the fit, although can be provided via extensions and customizations.
Cloud computing brings real mobility with access to your systems anytime, anywhere and from any device wherever there is an internet connection. You will never be in the gray when it comes to your cloud computing services with everything at the touch of a button.
At InCloud360, we know business processes, information technology, software and cloud technologies. With more than 20 years of industry experience, we understand your business’ challenges first-hand and how to work with you to solve them.
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