Cloud technology helping small businesses compete

Cloud technology helping small businesses compete

The development of cloud computing has led to the unlocking of what would previously have been considered a completely different world for many small and medium-sized businesses (SMBs).

The ability to both manage and access vital information, means that SMBs are not only able to conduct themselves with greater freedom and flexibility, but are also more able to compete on a global scale with larger organisations.

Cloud computing allows a small firm the necessary resources to respond to demand from both customers and the industry as a whole, at any time and from almost anywhere.

The fact that the cloud fits in with the rising use of bring your own device (BYOD) strategies has only served as a way of adding to its popularity.

One of the greatest benefits for SMBs embracing the cloud is the positive impact of enterprise resource planning (ERP) solutions.

Traditional ERP solutions were once considered too costly for many small firms, and were often restricted to larger, more advanced organisations.  

Rather than seek the installation of costly IT infrastructure, all that is needed for the sames services on the cloud is a monthly subscription, and occasionally a small upfront fee.

Despite not utilising large pieces of expensive and costly hardware, small companies employing the cloud still enjoy the same levels of convenience and productivity.

It all combines to mean that SMBs can enjoy all of the positive aspects of a global business tool without breaking the bank, while the level of flexibility on offer means that organisations can quickly develop to any changes within their industry.

A report published by Spiceworks in June showed that more SMBs are taking advantage of cloud-based file-sharing services to help balance the IT needs with the demands of workers, wanting to access important information from anywhere.

Another significant finding of the study suggested that many employees are also having a greater say in which services are chosen by their employers, which could turn out to be a crucial development