6 best examples to show the benefit of public cloud services
Public cloud solutions have commonly been seen in a sea of distrust because of their inability to overcome enterprise governance and reliability concerns. Despite of these, cloud solutions have managed to find inroads into large and small enterprises. Wondering how and why?
Read further as we discuss 5+1 best examples where public cloud services have helped organizations benefit at an exponential rate.
1. Application testing and staging
Public cloud IaaS has enabled enterprises forego building new data centers or expanding existing ones. Thanks to cloud technology, enterprises now simply offload their application development, testing and staging to the third-party cloud provider. With the facility of paying on a baseline subscription (that increments or decrements on a pay-as-you-go basis), enterprises are saved from –
· Additional capital expenses
· Risk of resources sitting idle during low phase.
Experts speak – Every organization is bound to benefit from cloud outsourcing option. As long as a public cloud provider has governance and data protection policies that meets the required standards, enterprises need not worry about anything else.
2. Sales management
Field-based operations are difficult to address for traditional enterprise systems. As a result, many large enterprises are now using cloud-based applications that provide real time access to sales management and customer relationship management systems. Following the herd, small and medium-sized enterprises too are opting for cloud based CRM application development that provides them 360-degree visibility of the marketing, sales and customer service activities.
3. Supplier Management
Many businesses have faced the difficulty of managing their thousands of suppliers worldwide through business processes and data exchanges that their internal systems are not suited for. Cloud technology has eradicated this problem. Several cloud providers have ventured in the supply chain area. They offer integrated networks of suppliers and companies with a highly secure access to a uniform data repository.
4. Project management and collaboration
Enterprises have struggled to execute project management activities due to the inefficient and monolithic project management systems. The accuracy of the project status has suffered because of the orthodox project management system that has depended on central project administrator for task updating. Inevitably, project deadlines and deliverables have gone for a toss.
Cloud solutions have brought better project management and collaboration by linking every project participant and stakeholder. Consequently, real time updates have occurred, benefiting the project managers like never before.
5. Temporary processing and storage needs
Handling the peak processing times is the most challenging part for all enterprises. Using the public cloud services, enterprises can increase the processing and storage by “renting” the resources from the cloud provider.
6. Back-office optimization
Even today, enterprises lose on profit margins because of an inefficient back-office operation that eats up revenue. Cloud solutions have helped several industries fix up this problem. Financial institutions and brokerage firms now use cloud-based analytics solutions that track where back-office “profit bleed” is occurring.
Considering the above-mentioned instances of cloud benefits, it won’t be wrong to state that the present and future scenario is promising for public cloud providers. However, there is a small fraction of public cloud providers that are still struggling to attain the market share. This could be because of the skepticism over the strength of their governance or the ability to deliver better solutions than on-premise.
Experts advise that while these perceptions will continue to haunt, it is the job of the public cloud service providers to fill a need that enterprises can’t meet—or to deliver a cost savings scheme that enterprises can’t ignore.