Simple Ways For Businesses To Leverage The Cloud For A Competitive Advantage

Simple Ways For Businesses To Leverage The Cloud For A Competitive Advantage

Cloud computing is one of the best technologies of the century. It allows companies to leverage their computing functions on other company’s servers. When corporations, small businesses, or nonprofit organizations adopt this technology, they get many benefits. The common ones are streamlined costs, efficiency, and security. This article looks at ways businesses can boost their competitive advantage by adopting cloud computing services.

Cutting costs with cloud computing

Cloud computing allows a business to use other company’s hosted software and hardware at a lower price than the one for buying physical hardware and software. The maintenance costs are catered for by the hosting company. In the end, a business is able to benefit from optimized services at low costs, allowing it to increase its revenues. The extra revenues could be used to motivate its workers, finance expansions, and invest in marketing or other activities to boost their advantage in a competitive business environment.

Improving workflows and project management

Cloud computing can be used for project management. Most companies lack a synchronized project management system, in the detriment of their competitive advantage. This is because poor project management results in delays, rework, and higher costs. With a good project management system—provided by cloud computing—businesses can manage projects effectively. They can also communicate changes, monitor performance, and update schedules faster. All these will improve productivity and result in more revenues.

Fostering healthy working relationships and communication

Different expert reports have indicated that telecommuters are more efficient than office workers. Naturally, these workers spend less time in traffic, work at their own pace, and in an environment that motivates them. Cloud computing functions can be adapted to allow workers to telecommute. The revenues of the company will increase because they will spend less on electricity and office space and because its workers will improve their productivity. These will boost the competitive advantage of the business.

Saving valuable business time

Cloud computing can save businesses a lot of the time wasted in meetings because it offers e-mail solutions, online video conferences, voice and video calls. All these can be used instead of physical interactions to save business time. This means employees will spend more time in the work zones, which, in turn, results in better time management and productivity.

By Walter Bailey

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!
FacebookTwitterLinkedInGoogle+Share

Sorry, comments are closed for this post.

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Popular

Top Viral Impact

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts It’s no secret that Cloud Computing is more than just a buzz term as that ship has sailed off a long time ago. More and more companies are adopting the uses and benefits of cloud computing while aggressively factoring cloud services spending into their budget. Included is an excellent

Cloud Infographic: Cloud Public, Private & Hybrid Differences

Cloud Infographic: Cloud Public, Private & Hybrid Differences

Many people have heard of cloud computing. There is however a tremendous number of people who still cannot differentiate between Public, Private & Hybrid cloud offerings.  Here is an excellent infographic provided by the group at iWeb which goes into greater detail on this subject. Infographic source: iWeb About Latest Posts Follow Us!CloudTweaksEstablished in 2009,

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow  Online Education is a very exciting topic for many as it opens up many new doors and opportunities. We’ve touched on areas such as Massive Open Online Sources (MOOC) which provides tremendous levels of cloud based interconnectivity. We’ve taken a look into higher education,  the increased demand for online courses as well as

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.

Whitepapers

Top Research Assets

HP OpenStack® Technology Breaking the Enterprise Barrier

HP OpenStack® Technology Breaking the Enterprise Barrier

Explore how cloud computing is a solution to the problems facing data centers today and highlights the cutting-edge technology (including OpenStack cloud computing) that HP is bringing to the current stage. If you are a CTO, data center administrator, systems architect, or an IT professional looking for an enterprise-grade, hybrid delivery cloud computing solution that’s open,

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security Cloud applications are a priority for every business – the technology is flexible, easy-to-use, and offers compelling economic benefits to the enterprise. The challenge is that cloud applications increase the potential for corporate data to leak, raising compliance and security concerns for IT. A primary security concern facing organizations moving

Hewlett-Packard Company On-Demand Webinar

Hewlett-Packard Company On-Demand Webinar

Shifting Workloads and the Server Evolution Learn more about the latest industry trends and the challenges customers are talking about. Every ten to fifteen years, the types of workloads servers host swiftly shift. This happened with the first single-mission mainframes and today, as disruptive technologies appear in the form of big data, cloud, mobility and