Why SMEs Companies Adopt Cloud Technologies?
Revolution and Innovation in the Cloud Technology have given an opportunity to Small and Medium Businesses to climb the top. There is no doubt that the adoption levels of the cloud have significantly risen over the years. Not only SMEs are getting opportunities to grow, but also they are taking their business operations to new levels.
Cloud Technology has opened a door for small companies, where a few years back larger organizations were governing. As everything became on-demand and need-based, it gave SMEs significant competitive advantages and enabling them to compete in a much larger business space.
Cloud is a centralized location on the internet where we can store data and can access that anytime, anywhere, and any device. Business often uses the cloud technology to store and manage their business data which is popularly known as Software-as-a-Service (SaaS).
Only 25% of small businesses are using cloud technology and 30% are not familiar with cloud technology. This data shows that still there are many SMEs companies that don’t know much about cloud technology and they are familiar with the latest technology that why they are facing a lot of issues in managing the business.
6 Reasons why SMEs choose cloud Technology
- Mobility
With Cloud Technology you can work from anywhere, any time and any devices but you must have an internet connection. Remote working is a very popular incentive for many employees, especially when you are working for SMEs or start-ups. The new resource can be easily added and you can customize the access in various locations.
You can easily add new resources and customize access in various locations so that the entire team can access the latest business data from anywhere. Mostly this will help the sales teams, as they used to travel a lot around the year for business deals, they can use the latest resources, collaterals, presentations as well as product demos. All the resources may be optimized on-demand at very minimum pricing.
- Flexibility
Cloud Technologies is ideal for the organization that is growing or have a future expansion plan. Use as per your current requirement, if your business needs will increase in the future, then you can scale up. Various cloud service providers have pay per subscription-based model, and they initially allow you to use it for free for few days, you can access all the modules, and later choose which one is beneficial for your business.
You can subscribe to use modules and can unsubscribe others. Pay only for what you use. This level of agility gives SMEs a real competitive advantage. No need for any software or hardware installation. Flexibility is one of the core reasons why many companies are preferring cloud solutions for their business.
- Security
Data breaks are affecting companies a lot. Sony was the biggest example. You must be thinking if such big companies are getting affected by data hackers, how you can preserve your small business which can be an easy target for online hackers.
Cloud solution providers can secure your data in an efficient and more robust way. Data storage in the cloud will ensure that experts are there to take care of your data and they can take necessary precautions to keep safe and protect it from hackers.
The cloud not only protects your data but also back up your data from any possible data disaster. So no worry about a crashed server or a broken system. Data security and disaster management can assure you and you can focus on your core work, while your service provider can take care of the safety of your business information.
- Scalability and Reliability
When a company expands to other locations or even as a team, you can scale up to the next level of services, can add users and servers immediately. No requirement of purchasing any other software. Cloud services are extremely scalable and reliable.
One of the most prominent features which makes cloud systems more reliable than automatic software updates. There is no fear of staying one step back from the latest technologies, as the solution will take all the updates automatically.
- Cost Optimization
A subscription-based model is extremely affordable. You have to pay as per your use. Just like a post-paid network connection. A reasonable setup cost will be there, but most importantly there is a very less maintenance cost.
In the case of traditional software, you need to spend a lot of cost on maintenance. There won’t be many expenses for power, cooling, upgraduation expenses, no software license expenses, and much more. No fear of obsolete hardware and software are very much flexible.
- Control
The more the number of users, the more is the need to control. The cloud technology has allowed users to send, share all the documents through cloud space. Less physical space required, neither more file content. All files are stored centrally and users who have access can use the same file.
Auto Report generation is the best control features you can get. Whichever report you need, you can get it immediately. The decision-making time will reduce and you can focus on different core activities.
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