What is a cloud solution? And why should you move your business to cloud? This is an important question in the face of recent developments in technology. A cloud, in computing parlance, is a host which you can connect via the internet, and the host can provide you services that were previously present locally such as storage of data, editing and saving of documents, etc.

Now businesses believe in the significance and benefits of cloud and how to stay ahead of the competition. Seven of the reasons why businesses feel they moved to cloud are given below.

Clouds are hassle free

In a world short of time and increasingly fast, it is important that they focus on their core component (serving customers) rather than worry about storage and safe keeping. This leads businesses to adopt cloud so as to transfer these responsibilities to the cloud provider.

 

Get insights into business

More than 50% of businesses now use analytics to get insights from the data they produce. They consider cloud systems to be better at providing insights. This helps them reduce time in finding customer drop-offs and make service more effective for their customers. (Read more here: know how insights generate revenue)

Collaborate more easily

No wonder companies such as quip, trello, etc. are doing well. They are mainly providing collaboration service. Imagine being able to communicate with the team and getting notified of any message while you are doing some work. Not only this, they provide facility to share and edit documents in parallel by allowing access to the entire team. They document the changes too that makes much easier to collaborate.

Engage customers better

The focus is increasing to complex and non-linear engagements with customers. Cloud enables better engagement with customers due to which businesses prefer using the cloud. They consider it as more effective at bonding with customers than conventional systems.

Rapid innovation

Cloud also adds to the speed of business execution. In cloud systems, infrastructure may be shared by multiple companies. This prevents situations like slow systems during peak demand. Businesses consider cloud because they realised it drives speedier innovation eventually. Not only this, it enables complex and rapidly updating services, such as making use of most recent tweets-data.

Measurable benefits

Businesses also prefer cloud because they are able to get measurable benefits. They get quantified data at every stage of processes and  identify value achieved from different courses of actions.

It pays back

Business achieves efficiency gains, sharing and transfer of workload, and increased overall profitability. This pays back for cloud’s expenses. Cloud also enables to scale businesses easily, just by subscribing more of cloud provider’s service. This prevents big initial investment as well as prevent wastage as in conventional ways upgrading means the older system is generally wasted.

 

(Also read: why you should move to cloud based pos)