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Your Business Can Cut Costs With Cloud Computing

Posted on June 17, 2014 by Daniel at 10:14 am

While the decision faced by many businesses to move either some or all of their IT capabilities into a Cloud can be difficult, the obvious cost-efficiencies involved make it a little easier. One study of UK and US companies found almost 90% of those using Cloud based services reporting savings, and over half agreeing that the Cloud had boosted their profit margins. Further, more than 60% had then been able to take those savings and reinvest them into the business, driving product innovation and giving employee wages a boost. Where do these efficiencies come from?

Scalability

One of the advantages of outsourcing IT services is that Cloud solutions can be tailored to meet the exact requirements of the individual business, from small to large, and can be adapted at short notice. That means a company is only paying for the software it actually needs in a certain period rather than having to invest in packages that may be redundant a lot of the time. If business needs change requiring more or less capability, it’s very easy to arrange. If you are looking for managed IT services in Idaho, you may wish to look here for more info on the best IT management service in Sun Valley, and get started with a Cloud solution that is just right for your business.

No Capital Investment

The cost of buying new software or developing it in-house can be dramatically expensive, especially for new start-ups, but since Cloud services run on a subscription basis there is little to no upfront investment needed. All processes are operated through a browser so installation and maintenance requirements are minimal, and there is a predictable monthly cost which helps significantly with budgeting. More than this though, because Cloud providers need to remain competitive, they will automatically upgrade to the latest versions of software as they are released meaning businesses are always using the latest specs.

Fewer Infrastructure Requirements

Since large volumes of data and various platforms are hosted off-site, there is less need for bulky servers, and IT resources can be diverted elsewhere. A reliable internet connection gives employees all the access they need to their essential business functions.

Mobility

Today it’s vital for companies to be connected to their employees, partners and clients 24/7. Cloud packages enable this, for instance by making it easy for video-conferencing over multiple sites, or for staff to connect to CRM systems through their mobile devices. No matter where an employee is, if they have an internet connection they can collaborate on projects in real-time, or communicate with colleagues. Outsourcing of IT services in this way leads to far greater flexibility, productivity and efficiency.

 

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Insights on money, career and trading