There’s no surprise that with a rise in the use of cloud technology, that same innovation would make its way to the world of enterprise resource planning. Keeping up with production demands, meeting regulatory compliance, and exceeding customer expectations is what drives process innovation for most businesses in the 21st century and the big question remains present, how to take established success and modernize it for future success?
Making technological changes in enterprise businesses can seem expensive and there are always a series of concerns. As you’re scaling your business you have to make sure that high-level decisions are profitable from top to bottom. But, businesses that are finding their way to the cloud are seeing past those concerns and experiencing the vast benefits of cloud computing.
1. Reduced IT Cost
Rather than purchasing expensive systems and equipment for your business, you can reduce your costs by using the resources of your cloud computing service provider, often on a subscription or pay-as-you-go service.
Security risks are almost all but eliminated if your valuable data is stored in the cloud, the chance of your information getting lost is much less. As an added security measure, with most cloud-based providers, different security settings can be set based on the user.
Cloud infrastructures support environmental proactivity, pushing virtual services rather than physical hardware, and cutting down on paper waste, improving energy efficiency, and reducing your carbon footprint.
4. Data Quality
With everyone accessing the same information, you can maintain consistency in data, avoid human error, and have a clear record of updates.
5. Increased Collaboration
Collaboration in a cloud environment gives your business the ability to communicate and share more easily outside of the traditional methods. If you are working on a project across different locations, you could use cloud computing to give employees, contractors and third parties access to the same files.
6. Leveraging the Technology Your Workers Know
Your Employees probably have smartphone experience and considering there are over 3.8 billion smartphones are being used globally today, is a great way to ensure that no one is ever left out of the loop and is comfortable with the device already.
7. Disaster Recovery
Even a small amount of unproductive downtime can have a resoundingly negative effect. Downtime in your services leads to lost productivity, revenue, and reputation. Cloud-based services provide swift data recovery for all emergency scenarios, from natural disasters to power outages.
8. Insights & Analytics
Many cloud-based storage solutions offer integrated cloud analytics for a bird’s-eye view of your data. With your information stored in the cloud, you can easily implement tracking mechanisms and build customized reports to analyze information organization-wide.
In order to remain competitive, enterprise businesses will inevitably enter the world of cloud computing. Whether you’re already running your operations on the cloud or are looking to get started, here at Ventureforth we provide businesses a path to the cloud through mobility products. Offering a foundational balance between ease-of-use and rich functionality gives businesses improved user productivity to run day-to-day operations. Contact us today and learn more about mobilizing your workforce in the Oracle cloud!