Businesses are starting to understand the significance of cloud services. According to some recent statistics, 94% of enterprises already use a cloud service. Moreover, 30% of all IT budgets are allocated to cloud adoption. So, how can your business benefit from the cloud? Let’s find out.
Business Automation
Instead of wasting time on numerous repetitive tasks that may slow your teams down, startups should automate their business processes.
There are many aspects of your business you could automate by switching to the cloud, including your:
Finances: Hiring an accounting agency can be expensive. On the other hand, managing mountains of bills, bank statements, and invoices for business owners with no accounting experience. That is where cloud-based software like QuickBooks or Xero inventory management software can help, letting you pay bills fast, send invoices automatically, and track your cash flow from multiple devices.
SaaS product development: IT startups find it difficult to bring their development and technology operations teams together. This is why they often decide to consult DevOps as a service provider. Relying on end-to-end automation, orchestration, and continuous delivery, DevOps services will create cross-functional teams. This way, they will help you improve their productivity, drive innovation, minimize costs, and launch SaaS products faster.
Human resources: HR teams need to handle lots of paperwork and manual tasks that require significant time investments when done manually. Fortunately, with the help of cloud-based software, they can now automate many aspects of their jobs, from leave requests and offboarding to candidate screening to payroll processes.
Employee Communication and Connectivity
In the past, maintaining and improving employees’ communication was difficult. Conventional phone systems for businesses require the installation of expensive hardware components and their continuous maintenance. The costs of international calls via traditional landline phone systems are exorbitant.
Luckily, the adoption of the cloud has led to the growth of voice-over Internet Protocol (VoIP) services that are affordable, flexible, and mobile. Most importantly, by using an online phone system, your employees do not need to work side-by-side anymore to communicate effectively. Virtual phone services usually include team collaboration suites, allowing your employees to share files and screens in real time, as well as host online meetings and conferences with up to 250 people.
This changes the mere concept of hiring, allowing you to cast your net wide and start hiring international talent. Learn more about omnichannel employee experience by clicking this link: https://www.paldesk.com/everything-you-need-to-know-about-orchestration-in-omnichannel-experience/
Efficient Project Management
No matter if your employees work remotely or side-by-side, managing them may be tedious. Instead of handing out tasks to each employee and monitoring their performance manually, many companies are investing in cloud-based project management tools.
Project management tools like Basecamp and Trello are ridiculously easy to use, as they are built on drag-and-drop features. With them, project managers can create multiple projects and tasks, communicating deadlines and instructions to employees easier than ever.
Your employees will track their to-dos and deadlines on a single page, meaning they will be able to prioritize tasks more efficiently.
Cost-Efficiency
From the implementation of costly hardware and software components to their continuous management, the costs of storing data on-premise are high. You should also remember that your current on-premise infrastructure does not support your business’ growth. As your data volumes increase, you will need to invest in additional hardware, which may seriously affect your bottom line.
On the other hand, cloud platforms keep pace with the ebb and flow of your business’ growth. Based on monthly subscriptions, they allow you to choose the plan that meets your needs and pay only for the services you use. Depending on your current business’ needs, you can easily scale your services up or down, without having to invest in additional hardware.
Reliable Data Recovery
From natural disasters and thefts to hardware damages, outages, and cyberattacks, the risks of storing sensitive data on-premise are multiple. In such scenarios, you may lose your data forever.
Data loss harms your business in many ways, from compromising the quality of customer support to decreasing your employees’ productivity. Above all, data loss affects your brand image, as it indicates that customer data is not safe with you. This may impact your conversions in the long run, causing substantial financial losses.
With the cloud, you will minimize the data loss risk. Data recovery providers conduct continuous data backups, scattering your data across multiple safe locations. Even if your on-premise data is lost forever, you can quickly access its copy via your cloud platform. The abovementioned study by RapidScale found that 20% of cloud users managed to recover data in less than 4 hours, as opposed to only 9% of non-cloud users.
Ready to migrate to the cloud?
Migrating to the cloud may be challenging, but the multiple benefits of these technologies make the effort worthwhile. With the help of the cloud, you can finally minimize business expenses, manage employees more effectively, streamline most of your business operations, and, above all, keep your key data safe.
