We don’t need a crystal ball to make this tech prediction: most firms will migrate the majority of their IT to the Cloud sooner rather than later! These days, the business cloud services is a hot topic. Because operating on premise is no longer enough in today’s dynamic business climate, where customers need faster, more streamlined services, the great majority of software manufacturers are transitioning away from server-based products and toward software-as-a-service providers. Businesses are moving to cloud-based models every day, everywhere, because they provide a totally new method of delivering, consuming, and adopting IT services that is significantly more nimble, efficient, and cost-effective. Developing a cloud adoption strategy used to be a matter of choice for the small company community, but that is no longer the case.
Here are a few reasons why cloud solutions are expected to gain popularity in the coming year, and why small firms should consider cloud as a new approach to acquire a competitive advantage rather than just another utility:
When it comes to making an investment decision, many small firms prioritize cost-cutting. Forward-thinking business owners are turning to cloud technology to save money by reducing expenditure on equipment, infrastructure, maintenance, and software as cloud technology matures. With subscription costs falling by the day, 65 percent of company leaders cite cost savings as the primary driver for their companies’ cloud adoption.
Companies have been able to spare IT workers from routine maintenance in order to focus on more important projects by moving to the cloud. IT resources such as software, storage, networking, virtual machinery, and apps are offered as utilities in the cloud, with businesses only paying for what they use.
Any firm’s goal is to enhance Period to Value (TtV) – the time between a business request and its initial delivery – in order to generate some level of business value as soon as feasible. The cloud provides the quickest option to fulfill business needs, allowing clients to achieve a substantially faster Time to Value.
Going Capex-free implies companies can use new equipment, capabilities, and software as an operational expense (OpEx) instead of investing money to acquire and maintain assets. This method allows firms to put more money into their core assets for business growth while still being able to scale business cloud services to meet that demand.
The customer is still king, even in the Cloud. Customers today expect services to be available everywhere, at any time they need them, more than ever before, which explains why they choose the cloud’s agility and flexibility over traditional technology ownership models. The cloud has changed the customer experience, according to up to 71 percent of the over 1000 corporate leaders surveyed by IBM internationally. The cloud allows businesses to swiftly develop, implement, and update new products and services according to their customers’ interests, in addition to providing frictionless customer experiences.
We can assist you in selecting the best cloud provider for data storage, backup, and line-of-business apps at The Universal IT Services. For additional information or to arrange a complimentary consultation, please contact us.