Technology has evolved tremendously over the past years. In recent times, cloud computing has taken the startup world by a storm. Cloud computing is the practice of using a network of remote servers which are hosted on the Internet to store, manage and process data, rather than using a personal computer. With cloud computing, you can reduce those problems that come with storing your own data because you are not managing hardware and software. Rather, it becomes the responsibility of an experienced vendor such as salesforce.com. The allotted infrastructure means, you only need to pay for what you require, upgrades are automatic and scaling up or down is easy. Here are a few reasons how cloud computing will help startups grow.
Evolution:
Startups can also accomplish broad business goals such as driving revenue growth, target new markets and improve customer service using cloud data services. Cloud services will also help in reducing the burden of the Chief Information Officer (CIO) of the company along with the IT team as loads of data used by the company can be stored in one place.
With the adoption of cloud, IT teams can emerge from their windowless data centers to become more relevant to the broader businesses. They can provide business units with the applications they need to be more productive. As such, cloud computing will improve business processes and help all employees be more productive.
Department View is Shattered:
More than ever cloud computing will connect services across the lines of business. Take employee on boarding, for example. You need the involvement of HR, finance, legal and IT to ensure the employees can do their job properly, like logging into online portals. It also guarantees the employee will receive a paycheck at the end of the month along with benefits. With the right tech, these services can be defined, structured and automated.
Today the marketing and sales teams must work together for moving a customer through the sales funnel. This way when the marketing team hands over a lead to the sales department, they will have all the relevant information needed to close the sale.
Small Data Gets Big:
While Chief information officer ( CIO ) are examining the universe of Big Data, organizations can gain additional benefits faster by leveraging the “Small Data” right in front of them. Small Data or the data of their operations, provides managers with insights into what projects consume the majority of their teams’ time and efforts and how productivity levels can be improved.
The key is to capture the work in a record keeping system with performance analytics to see what is going on and determine what needs to be done. For example, how quickly does a HR team respond to inquiries? What type of work on which does the HR focus its attention? Transparency empowers managers to do their jobs.
With the insight of Small Data, IT can lead the creation and roll out of an automated system or online portals for employees to do everything from submitting IT service desk requests to select healthcare benefits.
Greater Business Competitiveness:
It is said 74% of businesses believe cloud computing has given them a competitive advantage. The cloud allows them to capitalize on opportunities more quickly than their competitors. It is because with the cloud you can adjust your strategy, respond to the changing tastes of your customers and stay on top of current industry trends.
