The ROI of Cloud Computing
When an average business invests a dollar, they hope to make back two. When a stellar business invests a dollar, they hope to make back ten. Yet with all the things to invest in, the trends to follow, and the coattails to cling to, many businesses cross their fingers in the thin hope their investment breaks even.
If you’ve tried the list of software gimmicks, market predictors, and data miners maybe another investment rolls your stomach. It’s said that a fool and his money easily part, but when you invest in cloud computing, your money has kids.
The good folks at Frost & Sullivan found that companies which invested in collaboration technology had a 400% return on investment. With a percentage like that you can bet your odds cloud computing does a darn good job.
When you and your business work with the cloud, collaboration spikes tenfold. All your employees – wherever they are on the globe – can sync up, log in, and work together on documents, reports, and critical issues all updated in real-time.
If your business knows the value of agility and speed, good old-fashioned emails aren’t up to specs. Traditionally, documents were passed back and forth like a hot potato between colleagues, as each took their turn working on files and giving them hundreds of new names.
Cloud computing does better by keeping all your business files stored in one central location, accessible anywhere, anytime, and from nearly every media device. Employees can chat together, make revisions, and collaborate in harmony working from one central copy.
According to one study, “73% of knowledge workers collaborate with people in different time zones and regions at least monthly.”
When everyone is on the same page, it strengthens collective efforts and productivity, improving nearly every aspect of your company.
Now while though cloud is a way to give every member of your business access to company data, it’s the teamwork made possible that boomerangs your investment back into a huge ROI.
Take GE Aviation. Everyone knows their mother company, General Electric – the brainchild of Thomas Edison. They wanted a way to connect their sales force while also building closer connections with customers. Turns out, the cloud suited their needs.
Their reps used cloud computing to share documents, ping-pong ideas, answer questions, and share instant feedback. In short, the project was a success.
“What might’ve taken a team—in the best case—a week, can now be done in minutes,” says GE.
Smaller businesses should follow their footsteps. As our globe connects, tunes in, and shares, you and your employees must combine your brains to keep pace with the times.
If you’re ready to make a successful investment that will enhance your productivity, efficiency, teamwork, and ROI contact us today and arm your business with the tools of the future.