This format provides savings and flexibility in several ways. Capital Investment - Typically, cloud solutions are available in a pay-as-you-go pricing model.Participants just sign up for the service and access the program over the Internet, without downloading or installing program software. Using Cloud-based software, teams in different locations can collaborate on documents without needing to e-mail attachments and share calendars and task lists from wherever they are.I will be right to say that cloud technology aid in business agility.Ĭ. Talk of cutting costs, increase in control of data, low operating costs (which I will mention in part C below), business intelligence tools and many more. But now look at the massive benefits that have come with it. Cloud technology, as I have mentioned before was not well received when it started. The best gift a business can give itself is being able to be flexible and apply technology that suits it. And one thing is for sure: the more technology advances, the easier work becomes and the more one is able to cope with the competition at hand. There is no doubt that this trend will be seen even in the years to come. We all know how technology has evolved over time. One of the most important qualities of a business is to adapt to the changes in the external environment. Adaptability, flexibility and balance are three qualities essential to long-term business agility. The makeup of the business’s workforce will continue to become more and more mobile.īusiness agility refers to distinct qualities that allow organizations to respond rapidly to changes in the internal and external environment without losing momentum or vision. Technological analysts say that cloud computing is here for the long haul. The word “Cloud computing” has been used since 1996 by Amazon and Google to describe the new paradigm in which people are increasingly accessing software, computer power and files over the Web instead of their desktops. It relies on sharing computing resources rather than having local servers or personal devices to handle applications. What is Cloud computing and how has it grown over the years?Ĭloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer. Now, with that in mind, let us look at more information about cloud computing.Ī. Did you know that 75% of businesses report that service availability improved since moving to the cloud?.47% of companies said they witness lower operating costs after cloud adoptions.80% of cloud adopters believe that it helps their organizations reduce IT costs.56% of organizations are seeking to hire staff with cloud expertise.By 2016, all data is expected to be stored in the cloud.I will first start by giving 5 powerful statistics and facts about cloud technology.
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