What to Consider When Adopting Cloud Technologies For Business

Thu, Jun 10, 2021 5:38 PM

Cloud technologies were critical in addressing the COVID-19 pandemic's disruptions, instantly mobilizing digital workforces, and supplying the business tools and services required for on-demand working.

Nevertheless, hasty cloud installations may result in firms neglecting critical aspects that could have a negative influence on their bottom line. Many SMBs are making wise investments in cloud technology that will enable their firms to work from anywhere as remote work survives and a hybrid model becomes the standard in our post-pandemic era.

Whereas the numerous benefits of cloud to SMBs are obvious, it is less evident how SMBs should prioritize in order to achieve long-term success. Every company's cloud journey is unique, but there are three primary areas where SMBs should concentrate their efforts this year. In order to achieve this cloud technology, you need good internet for business.

Create a technological stack that boosts your business

Although the cloud is less expensive than on-premises computing, businesses may not be taking advantage of its full potential. In fact, 80 percent of CIOs say their digital transformation efforts have yet to yield the expected level of agility and business benefits.

SMBs are most likely employing a number of different solutions that have overlapping capabilities. SMBs should examine their IT stack carefully to decide which solutions are critical to their operations and which should be eliminated. The ultimate goal is to have a cost-effective technology stack that enhances operational efficiencies and the bottom line of the company.

Give the merchant a call if there's anything you're not sure about. They'll be able to schedule a demo or discuss how the product can best serve you. If the capabilities don't meet your requirements, have a look at what the competition has to offer.

Cloud technologies considerable benefits to small and medium-sized businesses. SMBs who use cloud technology, according to Deloitte, can overcome growth obstacles 26 percent faster and generate 21 percent higher gross profits than those who don't. SMBs must invest in cloud solutions that allow them to extract more value from their data, which will enable their organization to survive for many more years to come, despite the fact that it can be difficult to know where to begin or what to prioritize.

The demand for accessing data anytime, anywhere, and without interruption is at all timely high

Data access is comparable to internet access that is something that businesses often take for granted and don't fully appreciate until it is no longer available. On the other hand, cloud-based on-demand data access boosts productivity, allows teams to innovate, boosts operational efficiencies, and fosters smarter, data-driven business decisions.

As per a recent Druva poll, 70% of IT decision-makers in the United States and the United Kingdom feel confident in their capacity to maximize the value of data; nevertheless, access is a problem for 41% of firms, with data not easily available when needed for decision making.

Breaking down data silos is the key to making data more accessible, whether you're using individual SaaS services or a broader platform. SMBs should examine solutions that integrate data and provide visibility across multiple environments, including SaaS apps, to address this issue. This strategy, as well as the use of a single interface, improves data availability and accessibility at any time, from any location.

Also, Read: Why Data Backup is Important for Growing Business

Getting additional value from your data

Businesses that do not have access to data make uninformed decisions, which can be a company's biggest downfall. Thankfully, the majority of today's business executives recognize the value of data-driven decision-making. In fact, since the COVID-19 outbreak began, 73 percent of IT decision-makers say their company is depending on data more to make business choices, and the use, value, and volume of data has increased as well.

SMBs discover new business opportunities, make more money, and fulfill their objectives when they extract more value from their data. By streamlining operations and predicting future trends, data-driven SMBs can stay ahead of the competition.

Luckily, in-depth technical knowledge is not required to adequately evaluate or extract insights from cloud data. In fact, SMBs no longer have to rely on a team of IT specialists to generate useful reports for decision-making. SaaS apps are more open and accessible for these processes due to their nature and architecture, as well as the features they provide. As a result, SMBs using cloud-based solutions have a greater ability to innovate than those with on-premises solutions.

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