Still not fully convinced a move to the cloud is right for your business? With 2017 expected to be the year of moving to the cloud, it’s time to learn what smart CFOs know about the cloud that is making now the time to make the big move.
Proactive movement to the cloud is necessary for companies that rely on applications that may soon only be available in the cloud. Letting technology vital to your business lapse can cause a number of headaches and problems down the line. Companies that realize the importance of staying up-to-date not only give themselves the best opportunity for a smooth transition, but avoid hardships due to technical issues. A hybrid approach allows businesses to take advantage of the cloud sooner, allowing them to migrate certain applications to the cloud, while simultaneously winding down other legacy systems.
In an earlier blog post, we discussed some of the differences between on-premise and cloud deployment, one of those points being payment differentiation. Cloud software does not require large upfront investments and hardware replacements. Costs are dispersed through annual or monthly subscription-based pricing, making it a much more budget friendly option. In 2016, more than half of companies deploying cloud technology reported implementation cost savings of at least 20 percent.
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Working with a managed service partner can also help with savings and optimizing your Infor investment. In working with a managed service partner, internal IT resources can focus on strategic tasks to benefit the company, without needing to divide their time or hire more help. These resources also do not have to be trained on the systems, especially when working with consultants with an experienced managed services team.
CFOs are finding that it is easier to consume innovation with cloud services. The cloud allows all users to take advantage of new functions and capabilities as soon as they become available, without resorting to individual upgrades and migrations as has historically been the case.
Your company may not be ready for a full uprooting to the cloud just yet. The hybrid approach, which entails selecting new applications in the cloud while maintaining some legacy systems on-premise may be a good choice for large companies looking to make strategic movements. Nearly half of large enterprises expect to have hybrid cloud deployments by the end of this year. A hybrid approach allows businesses to take advantage of the cloud sooner while simultaneously winding down other legacy systems.
Cloud systems allow for rapid deployment of cloud applications and the ability to scale them up or down accordingly. These cloud-based applications help businesses standardize transaction processing and reporting much more quickly where traditional solutions based on-premise would have taken months to bring to fruition.
Ready to learn more about the cloud? Contact Avaap to begin your journey to the cloud!