The Impact of the Cloud

As technology evolves, business processes improve. That’s why technology is so closely linked to commercial success; if you’re not investing a technology, it’s likely that your competitor is.

Has your company started using cloud services? The cloud has continued to evolve in recent years, and more companies than ever are relying on this versatile solution. Recent estimates suggest that the cloud market will reach $191 billion by 2020, and was already boasting a $58 billion market share in 2013. What will the impacts be of this enormous shift toward cloud computing? And how can your business take advantage?

Cloud Computing and You

A recent survey of business executives from the world over sheds some light on just how much of an impact cloud computing has had already on the global business landscape. The survey asked these executives to describe the ways they use the cloud to further their business goals, and the results are enlightening.

Businesses reported using the cloud to “drive business transformation” in the following ways:

  • 49% reported driving cost efficiencies
  • 42% reported facilitating mobile workers
  • 37% reported better alignment with partners and customers

The remaining responses included faster time market, better data leveraging, and new product development. It’s not surprising that many business executives reported using the cloud to enable mobile workers to do their jobs well; today’s workforce is increasingly splintered across the globe, often working from home or on the road. This mobile trend is well supported by the cloud.

Business executives reported the following areas of business improvement after cloud implementation:

  • 73% reported better business performance
  • 72% reported better automation of service
  • 70% reported reduced costs

These responses show the top reasons businesses are flocking to using cloud services. With better performance, lower costs, and enhanced automation, your company can rise above the competition. To learn more about cloud services or our managed IT servicescontact us.

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