According to recent market research (Goldman Sachs), expenditure on cloud computing is growing at 30% (CAGR).
Businesses are adopting a range of cloud-based solutions such as, Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), or Platform-as-a-Service (PaaS). The trend is increased IT services going to the cloud and a significant increase in cloud-based digital solutions offerings. The main benefits realised by businesses include:
- Variety of Software Available
- There are so many SaaS solutions available targeting all business sizes, industries, functions etc. You can deploy a full ERP solution based on the cloud or a software small solution to meet a specific requirement. There is also no headache of maintenance and upgrades.
- Reduce Infrastructure Footprint
- With cloud computing, businesses can reduce the size of their own server hosting facilities (data centres) or eliminate them completely. The reduction of the numbers of servers, the software and the support staff can significantly reduce IT costs.
- Cost Flexibility
- The costs of cloud computing are much more flexible than traditional methods. Businesses only commission what they need and have the flexibility to increase or decrease capacity (instantly) to meet their demands. Businesses don’t need to worry about having too much or too little capacity – both have financial repercussions.
- High Availability & Mobility
- Cloud service providers are usually very reliable, with many maintaining 99.99% uptime. The connection is always on and if businesses have a good internet connection, they can access their applications and services from any device and practically anywhere in the world at any time.
- Cost Effectiveness
- As businesses don’t have to buy equipment and build out and run a data centre, they don’t have to spend significant money on hardware, facilities, utilities, backups, security, and other aspects of operating the hardware.
- Accelerate M&A activities
- Cloud computing accommodates faster changes so that two businesses can become one much faster and more efficiently. Traditional computing might require migration and integration of applications and decommissioning servers before the two businesses are running on the same IT platform.
- Reduced Risks
- Cloud computing service providers offer a range of back up, fail over and recovery services, ensuring your mission critical systems have robust continuity. They also offer advanced physical and cybersecurity services to ensure data is protected against a myriad of cyber threats.
Our team has vast experience in cloud-based digital solutions and we can work with our clients to ensure the best solutions are deployed in the most cost-effective manner. We have strong partnerships with excellent cloud services and hosting partners to deliver the best services and solutions.