Relevance and future of Cloud Computing for companies
Why cloud computing is the future
The cloud offers an enormous ecosystem of highly industrialised, professional services ‘off the shelf’. Used properly, cloud services are cost-effective and give companies more business agility and innovation capacity. This is particularly important today, when time-to-market is crucial to success. In just a few years, IT resources will be obtained like electricity from a socket – fully automated and without actually owning any equipment. These days, there’s practically no reason whatsoever to still run server installations yourself.
Will cloud computing continue to grow?
In the future, only very few companies will still have their own infrastructure on site. All predictions suggest that the cloud computing market will continue to grow and the range of services will steadily increase. In the future, hardware and software services will be sourced like electricity from a socket – in an easy, flexible and affordable way. Companies also benefit from additional services that are offered in the cloud, such as data analytics and cybersecurity measures.
Why cloud computing is important for business
Cloud computing is important for businesses because time-to-market and the ability to adapt quickly to changing customer requirements have become critical success factors in today’s market environment. Cloud services are becoming indispensable to avoid lagging behind the competition. At the same time, the importance of online channels is also growing, especially in light of the COVID-19 pandemic.
How cloud computing benefits a business
Cloud computing offers a range of different benefits for businesses. Common advantages include greater business agility, quick time-to-market, cost efficiency, and the possibility of using mature services off-the-shelf (not just infrastructure, but also analytics tools, etc.). At the same time, cloud computing allows businesses to focus on innovation and gives them access to unlimited resources.
What cloud computing is not / what cloud computing can't replace
Cloud computing isn’t a cure-all that will always lead to the promised benefits. It all boils down to how it is put into practice and whether the company has been reorganised accordingly, such as by breaking down old structures and silos. Once this has been done, there’s nothing stopping you from enjoying the advantages of the cloud. Due to their sensitive nature, environments with very strict data security, IT security and compliance requirements have not fully transitioned to the cloud yet.
Can cloud computing manage inventory and shipping?
Yes, cloud computing can make managing inventory and shipping easy. A cloud-based inventory management system provides customer service departments with timely and up-to-date information about customer enquiries and helps them to identify loyal customers. It can also highlight potential issues with shipping options and premises, as well as facilitating centralised inventory.