If you’re a business owner, you probably know the struggles of always trying to get more for your money, optimizing your processes or just trying to be more efficient.
When you’re buying tech or digital assets, it can be tricky to ensure an ROI or use it in a way to increase efficiency. In fact, it could be argued that some tech buys decrease your efficiency at first because no one seems to know how to use it.
But there are ways to make the tech and digital assets you buy work for you, Cloud Computing being one of them:
1) Lower Capital Expenditure
Provisioning Servers
With Cloud Computing, no big investments need to be made in purchasing physical servers, even when new software updates come out. You simply provision servers when you need them, meaning all you Financial Directors out there can breathe a sigh of relief.
Moreover, cloud providers achieve massive economies of scale due to the huge numbers of servers they have. These cost savings are then passed on to you as the customer in the form of higher computing power for less money.
This also allows you to make more efficient use of your budget elsewhere in your organization, reducing waste.
Reduced Infrastructure Costs
Expenditure on infrastructure can be very costly, especially as an organization grows.
In particular, investments need to be made in hardware to ensure that the IT department is able to handle an increased demand. Yet you may not always have the physical space to accommodate more hardware.
Or it may even be the case that your business experiences periodical spikes in server usage i.e. you’ve just started a new project, and so you don’t always need large numbers of servers to be running.
This is where Cloud Computing comes to hand, allowing you to scale up or down the number of servers you use in response to the demands of your business.
This ensures that you only pay for the server capacity you need, reducing waste and saving you a considerable amount of money.
2) Increased Flexibility/Agility
Quick Server Configuration
As the saying goes, time is money and the fact is no one has time. And of course, ordering and setting up servers can be a big waste of time and money, and also reduces productivity.
Using Cloud Services offers the significant advantage of the quick provisioning of servers. This is important when it comes to development and testing, as you need to be able to react to shifts in market demands and the activities of competitors.
This might include bringing your own products to market at a faster pace, and so more virtual servers may be needed to accommodate greater app development and testing.
This can take weeks to do when ordering new servers for delivery to your IT department, but only hours when provisioning virtual servers from your cloud provider.
So remember; Cloud Computing services can help increase the efficiency of your business through:
- Low Capital Expenditure – no major investments in hardware, simply provision servers when you need them. Can even scale up/down the number of servers your need in response to your businesses demands.
- Increased Flexibility/Agility – compared to the months taken in-house, provisioning servers through the cloud takes only hours to do.
