Improving Business Efficiency with Cloud Computing

Posted on: March 16th, 2017 by nexstepaz No Comments

Regardless whether a new technology shows huge potential or not, businesses will always be wary of jumping on the bandwagon. This holds true especially for more conservative industries like law firms for example. So how can Cloud computing improve your business?

Balancing Risks and Benefits

It does not matter what type of business you are in, you will always have to deal with the delicate act of balancing risks and benefits. One concern for many businesses is whether it is worth to migrate to the Cloud even if they do not need cutting-edge computing. On the other hand, it is worthy of contemplating whether there would be something huge to lose if your business does not go into the Cloud.

When you look closely at the perceived benefits of Cloud computing, there are many advantages that businesses can find useful like:

  • Ability to rapidly scale IT operations for a very low cost;
  • Easier management, maintenance, and upgrades of infrastructure;
  • Improved agility to get solutions off the ground;
  • Interoperability allows for wider choices of vendors; and
  • Access to advanced computing solutions and innovations like Web identity and open supply chains among others.

Changing Businesses

How can cloud computing drastically change businesses even if they do not require cutting-edge technology? Here are some potential impacts that the Cloud can deliver.

  • Creation of new products and services – the technology has the capability of supporting innovative undertakings with comparatively less expense than what it would traditionally cost companies. This translates to more profits and faster product (and services) development that can benefit clients. Overcoming the current technical limitations of companies will make it possible to get business ideas off the ground. Something that smart companies will obviously take note of.
  • Outsourcing partnership with I.T. suppliers–more companies will be able to outsource their activities to ensure that operations are streamlined and make it easier for clients to reach out to them. The main difference with traditional outsourcing is that Cloud comes with agility and control; something that was not present in older outsourcing partnerships.
  • Better awareness of Web 2.0 and Internet technologies – companies will be better able to leverage these technologies to create powerful solutions well within their financial capabilities. Cloud computing allows companies to compete evenly in the international market using online services. By acquiring such skills and perspectives, companies taking advantage of Cloud computing will remain competitive far beyond the 21st
  • Reconciling emerging and traditional I.T. models – changes and improvements in the way that companies do business can be implemented with Web-Oriented Architecture fitting exactly into the scope of Cloud technology. This can result in Web-based solution that are lightweight and natural to meet the technical requirements for emerging business conditions.
  • New leaders and vendors – many of the players at the top of the industry are certainly becoming stronger. However, due to their successes, Cloud computing can give rise to new industry leaders including I.T. vendors that may have not have the ability to compete in even footing with bigger and more established players. These new leaders and vendors may not do business exactly the same way as more traditional companies, but, they will surely make an impact that will change the landscape of business computing in the coming years.
  • Increased self-service I.T. solutions – the emergence of these Cloud solutions will be coming mostly from the business-side, more particularly in reference to SaaS. This will allow businesses to adopt future solutions through self-service deployment. The result is a scenario where there will be more number of smaller companies tapping into the power of the I.T. demand.
  • Innovation and experimentation – whereas traditionally, businesses were very careful in the way that they developed products and services, Cloud computing will encourage them to become more innovative and experiment with more relevant solutions. This is because of the less technical and economic barriers that they will have to face. It is possible that branding, legal, and compliance may find it difficult to keep up with the fast paced changes, it will not be long before more possibilities are opened up by the Cloud. The accessibility of Cloud computing can give birth to the creation of new solutions.
  • Slow demise – if Cloud computing does take over industries as predicted, it may not be long that many of the traditionalist companies will be facing a slow demise. This will be primarily because of the difficulty of keeping up with a technologically driven market and industries. Bottom line is that if companies are too slow in adopting the benefits of the technology, they will face tremendous disadvantages economically.

It is understandable that some organizations will not believe such changes can take place. This will prevent them from transitioning into the Cloud. In fact, major players in the computer industry have not even completely arrived in the Cloud. For companies that build skills and conduct pilots will find that these investments will pay off significantly in improving their market position in the long term.

If you want to take full advantage of the impending changes that Cloud computing brings, contact NexStep immediately, you will increase and maximize your business efficiency

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