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Here are the top reasons why cloud computing works for SMEs:<\/p>\nThe cloud is growing in popularity everyday, especially among SMEs. In fact, experts predict that by 2015, small business owners will spend more than $100 billion tapping into cloud-based technology.<\/p>\n
Countless small businesses are moving to the cloud, but why exactly? What can the cloud do for them? For starters, it\u2019s because the cloud greatly improves cash flow and increases overall efficiency.<\/p>\n
Here are the top reasons why cloud computing works for SMEs:<\/p>\n
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The cloud lets employees collaborate from virtually anywhere. They can work on shared apps, documents, and various other tasks simultaneously while following their colleagues and important records in order to receive real time critical updates. Studies show that companies that use collaboration technology have an average 400% ROI overall.<\/p>\n
Return On Investment – ROI<\/span><\/strong><\/p>\n A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio.<\/span><\/p>\n The return on investment formula:<\/span><\/p>\n ROI = (gain from investment \u2013 cost of investment) \/ cost of investment<\/span><\/strong><\/p>\n Source: www.investopedia.com<\/span><\/a><\/span><\/p>\n If a business suddenly requires a bit more bandwidth than normal, a cloud service can immediately supply their demand due to the enormous capacity of the remoter servers they employ. In fact, many small businesses claim that this feature alone is the number one reason<\/strong> they chose to switch and begin using cloud-based services.<\/p>\n As long as there\u2019s available access to the Internet, employees can work from anywhere whether they\u2019re in the office, at home, or across the globe in another country. This flexibility greatly enhances productivity. Incidentally, a recent study revealed that more than 40% of employees would gladly surrender part of their salary<\/strong> if they could work from home, taking a 6% pay cut on average.<\/p>\n Once businesses start using and depending on the cloud, there\u2019s no longer a need<\/strong> to put a disaster recovery plan in place. Cloud-based service providers take care of the majority of problems<\/span> and also much faster as well. Studies show that businesses using cloud services are able to efficiently resolve key issues in about 2 hours on average<\/strong>, which is almost<\/strong> four times quicker<\/strong> than businesses that aren\u2019t using the cloud.<\/p>\n Small businesses that use cloud services only use as much server space as they require, which greatly reduces their carbon footprint<\/strong>. By using the cloud, it can result in as much as 30% less carbon emissions and energy consumption<\/strong> than using standard on-site servers. Small businesses benefit the most since they are able to cut their energy use by at least 90%.<\/p>\n On average, businesses spent 16 days<\/span> a month trying to manage on-site security. However, the cloud does all the server maintenance for businesses including automatic security updates, giving their clients more resources and time to tend to other business-related tasks.<\/p>\n According to recent studies, nearly 74% of employees need to collaborate with other colleagues in different regions and time zones throughout the month. Companies who do not use the cloud, are forced to send important files and documents back and forth through email, which means that only one worker can work on a particular file at a time resulting in lost time to perform other key tasks for the company. On the other hand, by using cloud-based technology, all the files are kept in one central location, letting everyone work off of the same copy. This key feature saves an incredible amount of time while making the entire collaboration process much stronger, increasing the bottom line of the business, and greatly enhancing overall efficiency as well.<\/p>\n Each year, nearly 800,000 computer laptops are lost<\/strong> in airports all over the world, which can have some serious ramifications in the wrong hands. But, if businesses store all their sensitive data in the cloud, the information is never lost regardless of what happens to a laptop.<\/p>\n Very few businesses today can function without using today\u2019s technology, and for good reason. It\u2019s literally the primary driver behind competing on a commercial level. And so, that\u2019s where the cloud comes in; making the competitive aspect of business flexible, simple, and easy.<\/p>\n Source: www.cbrdigital.com<\/span><\/a><\/p>\n The cloud is growing in popularity everyday, especially among SMEs. In fact, experts predict that by 2015, small business owners will spend more than $100 billion tapping into cloud-based technology. Countless small businesses are moving to the cloud, but why … Continue reading
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