Isn’t it amazing to hear for the first time! No more need to own physical property, build facilities, obtain consistent power, and develop communication – As cloud computing offers an agile, green solution to minimize expenses beyond your imagination.
Ever since the evolution of cloud computing, the way businesses used to run their operations has changed drastically. In the current scenario businesses that are running their daily operations in the cloud environment have gained tremendous benefits.
It not just grant access to enterprise-class tools and applications more expensive than most medium sized would able to acquire but also enable businesses to utilize large computing resources that require tons of capital to purchase.
The fact that cloud model would be beneficial for the business during recession is a matter of concern. Essential highlights on the significance of cloud computing services for businesses during recession can help you better understand the point to some extent.
Things that can affect a Business Environment during Recession
Many experts feel that recession is good for cloud computing to flourish more. Why? The foremost reason why most of the IT professionals think so is the fact that;
- During recession, prime focus and motive of organizations is to reduce the budget of their ongoing operations and activities so that they don’t have to suffer monetary losses from their counterparts.
- As cloud computing focuses on promoting cost-effective business solutions, recession is the perfect time for such a kind of technology to flourish as much as possible.
- First thing that suffers the most during recession is work. No business is generated and thus, less or no revenues occur. When such a kind of situation happens, organizations either go bankrupt or start reducing and minimizing their employee strength in order to sustain recession and survive in the industry.
- Moreover, they do so because their up-front costs, which includes costs involved in maintaining the infrastructure of the most companies is more than their total revenue gained during recession. Even the recruitments are stopped so that no extra money is spent. This is how the scenario of companies looks like when recession comes.
Question: So, is it right to choose cloud computing model during recession? How far will it be helpful? Let us find out.
Facts Related to the Benefits of Cloud Model during Recession
Aforementioned questions might arouse curiosity in your minds, but one simple answer to all of them is yes, cloud computing model can transform the business world into profit making commodity during recession.
The fundamental reason behind this fact is that cloud model promotes virtual world of computer systems, meaning you don’t have to face the hassle of purchasing expensive software and hardware applications.
According to Pierre Nanterme, CEO of Accenture “We continue to extend our cloud capabilities, and are seeing increased demand for software-as-a-service.” The CEO of the big techno giant company made these statements at a conference held last year in September.
Second most important advantage is that cloud providers get a lot of scope for promoting cloud model and their platforms including IaaS, SaaS and PaaS.
Nevertheless, with cloud architecture being deployed in any company’s infrastructure during recession time, they can scale-up their productions without spending more on purchasing, maintaining other hardware and software applications. All the daily tasks will be handled using virtual cloud applications.
Other major advantage is improved coordination amongst employees by using collaboration tools – work environment gets flexible as businesses can share and access information or data related to any project from anywhere and at any point of the hour.
With all the aforementioned points, it is clear that the future of cloud computing and its managed cloud services have a bright future for businesses from all walks of life. Recession would simply act like an ember that will make cloud computing technology highly accessible for the racing and competitive business environment.
It is obvious that value can be added to business via developing a strategic road map. Innovative and equally powerful solution like Cloud Technology in your plans would ensure organizations to escalate towards next level.