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

CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in cloud connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as technology related infographics and comics.

NEWS

Treacherous 12: Top Threats to Cloud Computing + Industry Insights

Treacherous 12: Top Threats to Cloud Computing + Industry Insights

Top Threats to Cloud Computing SEATTLE, Oct. 20, 2017 /PRNewswire/ -- The Cloud Security Alliance (CSA), the world's leading organization dedicated to defining ...
IBM’s cloud, cybersecurity and data analytics business rose 11 percent to $8.8 billion in the quarter

IBM’s cloud, cybersecurity and data analytics business rose 11 percent to $8.8 billion in the quarter

Big Blue back on the attack, analysts cautious (Reuters) - IBM shares surged 5 percent on Wednesday after the world’s ...
CIOs Cutting Through the Hype and Delivering Real Value from Machine Learning, Survey Shows 

CIOs Cutting Through the Hype and Delivering Real Value from Machine Learning, Survey Shows 

New survey reveals progressive CIOs tap machine learning to solve everyday work problems SANTA CLARA, Calif. – October 17, 2017– A ...

CONTRIBUTORS

Scale Matters in the Enterprise Cloud

Scale Matters in the Enterprise Cloud

The Enterprise Cloud What used to be an unknown and mysterious term, “the cloud” is now a common and mostly ...
Cloud Migration and Cyberwar

Cloud Migration and Cyberwar

Cyberwar Concerns This last week the Washington Post published a bombshell story on the recent attacks on the US election infrastructure ironically ...
How B2B Ecosystems & (Big) Data Can Transform Sales and Marketing Practices

How B2B Ecosystems & (Big) Data Can Transform Sales and Marketing Practices

B2B Ecosystems & (Big) Data Managing your relationships with customers, suppliers, and partners and constantly improving their experience is a ...
The Most Innovative Companies in the $24 Trillion Cyber War

The Most Innovative Companies in the $24 Trillion Cyber War

LONDON, July 11, 2017 /PRNewswire/ -- Business is under attack to the point of all out cyber war, and there is ...
Data Breaches: Incident Response Planning - Part 2

Data Breaches: Incident Response Planning – Part 2

Incident Response Planning - Part 2 Continued from Part 1... As an estimated 50 million consumers were yet to be ...
Steps To Ensure A Successful Cloud IAM Environment

Steps To Ensure A Successful Cloud IAM Environment

Cloud IAM Environment Sales and implementations of identity and access management (IAM) solutions have drastically increased over the last couple ...
Three Ways To Secure The Enterprise Cloud

Three Ways To Secure The Enterprise Cloud

Secure The Enterprise Cloud Data is moving to the cloud. It is moving quickly and in enormous volumes. As this trend ...
Target of the Next Big Breach

With Big Data Comes Big Responsibility: How to Avoid Becoming a Target of the Next Big Breach

Avoid Becoming a Target of the Next Big Breach Practically every industry relies on Big Data, from education, government, and ...

SPONSORS

What Is Really Driving Cloud Adoption?

What Is Really Driving Cloud Adoption?

Driving Cloud Adoption Cloud adoption is growing at an astounding rate, with companies big and small undergoing digital transformation towards ...
Internet Performance Management In Today’s Volatile Online Environment

Internet Performance Management In Today’s Volatile Online Environment

Internet Performance Management It’s no exaggeration to say that the Internet is now the heart of the global economy. Competition ...
Security: The Goodwill Virus That Keeps On Giving

Security: The Goodwill Virus That Keeps On Giving

The Goodwill Virus When Caitlyn Jenner officially introduced herself to the world by way of a Vanity Fair cover story ...

GET READY FOR CLOUD MICROSERVICES

So, is microservices the answer? What are the pitfalls? Is this the path you really want to lead your company down?

On November 8 at 2:30 p.m. ET, join hosts JP Morgenthal, Steve Prentice and Kalyan Ramanathan for a vibrant and interactive online discussion specifically about the pitfalls of microservices, including management, sprawl, and decomposition – and how to avoid them.

JP