Drive Business Growth with Cloud Solutions
13/05/2021 | Blog
In a fast-paced business landscape, adopting accessible and agile cloud services will ensure growth in a competitive digital world. While the coronavirus pandemic slowed spending for many industries, several CIOs saw the event as an opportunity to accelerate their adoption of cloud solutions. That’s why Gartner predicts that 2021 will see a 6.2% increase in worldwide IT spending, reaching a projected total of US$3.9 trillion.
John-David Lovelock, Gartner’s Research Vice President, says CIOs are burdened with the task of expanding their IT coverage while saving cash. “With the economy returning to a level of certainty, companies are investing in IT in a manner consistent with their expectations for growth, not their current revenue levels. Digital business, led by projects with a short Time to Value, will get more money and board level attention going into 2021.”
It is safe to say that companies leveraging the cloud can bounce back faster from the unprecedented slump from last year.
8 Reasons Leveraging the Cloud Accelerates Business Growth
Here are some advantages to switching to the cloud:
- Higher Cost Savings
Cloud solutions like Microsoft Cloud Services allow organizations to convert hefty upfront expenditures to manageable, revolving operational costs by avoiding investment in new infrastructure. Additionally, services can be customized on an on-demand basis.
- Automation of Tasks
Automation streamlines processes while reducing the possibility of human error. With cloud technology, businesses can easily manage multiple transactions without costly expenses. Cloud applications allow employees to automate routine tasks, giving them more time to focus on higher-value tasks that actually bring more value.
- Managed Security
During the early days of cloud adoption, many companies were plagued by security loopholes, but a lot has changed since then. The cloud has been found to be much safer now because leading Microsoft CSPs have more sophisticated resources to secure their infrastructure and protect sensitive data. Since these cloud providers have round-the-clock monitoring, they provide better risk management than most in-house IT teams.
- Real-Time Collaboration
With remote work becoming part of the new normal, business success depends on how companies collaborate. Cloud solutions make it possible for teams to collaborate on any project seamlessly wherever they may be, significantly improving productivity. In a survey conducted by Microsoft, 79% of businesses reported an increase in productivity when they moved to the cloud.
- Faster Time to Market
Cloud services boost business growth, particularly for startups, because it enables them to develop and launch products and services faster. There is no need to build an IT infrastructure (which can take weeks), and with virtual collaboration, different teams can work more efficiently and strategically, facilitating a faster time to market.
- Easier Expansion
For companies looking to expand their operations, cloud solutions offer the convenience of saving on costs by hiring remote workers and running the business using their cloud infrastructure. Resources can be better spent on paying valuable employees and strategic initiatives that will increase capabilities and the bottom line.
Cloud solutions offer scalability and flexibility for companies. Need to downgrade? Simply change to a smaller plan. This agility means operations can be scaled up or down, depending on market trends and customer demand.
- More Environment-Friendly
With climate change becoming an urgent issue, socially responsible companies are adopting environment-friendly measures. Compared to on-site servers, cloud data centers take up less space and sometimes use renewable energy to reduce the impact on the environment.
How interworks.cloud Can Help
interworks.cloud offers its customers the opportunity to leverage cloud services through various offerings:
Within days, Microsoft Cloud Services can be centralized in the marketplace where companies can manage their own billing relationship with customers, allowing them to fulfill their workflow continuously.
When businesses are migrating to the cloud, interworks.cloud offers seamless integrations of existing infrastructure using our Integration Framework and open API, avoiding downtime during data migration.
Real-Time Cloud Reporting
Business decisions should be based on real-time business analytics. With an integrated business reporting tool, organizations gain visibility of their operations to inform decision making.
Digital transformation will continue to evolve and leveraging cloud solutions now can ensure that businesses will remain competitive in the digital world. Using cloud service providers provides significant cost reductions, managed security, automation, scalability, and flexibility that boost business growth.
Learn how the interworks.cloud automation platform can drive growth, request a live demo here.
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