Why cloud-based technology is on the up in manufacturing and retail
August 3, 2022
Cloud-based technology is more and more appealing to KBB retailers and manufacturers.
According to a 2021 report by technology research analysts Gartner, by 2025, 85% of enterprises will exist primarily in the cloud. Digital transformation pressure and pandemic-driven changes have driven this shift because of the benefits it offers. In brief, the cloud is cost-effective – there is no need for a business to have expensive, high-powered computer infrastructure to hold immense amounts of data when that data can be held in the cloud. It’s also possible to work from anywhere – Because the cloud is accessible from anywhere and is very secure.
Cloud-based technology is a cost saver for your business
The cost of maintaining, upgrading, and purchasing hardware and software for on-premises infrastructure is the company’s responsibility. Cloud-based solutions spread out these costs over time and often provide features like automatic updates that would require additional expenditures with on-premises solutions. Additionally, cloud service providers handle complex systems, so businesses do not need to employ in-house IT teams.
Business scalability
Cloud-based technology is becoming increasingly popular because of its scalability. In contrast to on-premises systems, businesses can forecast future needs and make large upfront investments to accommodate them. As a result, businesses often end up with more capacity than they need. With cloud-based solutions, companies only pay for the resource they use, making scaling up and down a lot easier.
Information that is more accessible and up-to-date
As long as users have access to the internet, cloud-based solutions make it easy for them to access information and products. In contrast to on-premises solutions, where information is often outdated and difficult to update, cloud solutions enable manufacturers and retailers to update product information instantly. As a result, anyone wanting to purchase will have access to accurate pricing and specifications.
Security enhancements
Cloud-based systems are often more secure than on-premises systems, despite popular belief. Data security is a top priority for cloud service providers since they invest heavily in security and have teams of experts dedicated to safeguarding data. Businesses can also be confident their data is always well-protected with cloud-based systems, which are regularly updated with the latest security features.
Enhanced flexibility
Finally, businesses using cloud-based solutions have more flexibility than those relying on on-premises systems. In the cloud, companies can quickly add or remove users and scale up or down as needed. The flexibility of cloud-based systems is one of the main reasons businesses choose them.
Compusoft recognised the benefits of cloud-based technology before the pandemic and launched Winner Flex, an updated version of our Winner CAD software, which is entirely cloud-based. We made these changes to recognise the changing needs of our customers who were increasingly working from home and needed the flexibility to work from anywhere.
Click here to see how Winner Flex can help you expand your business.
