Cloud computing, also known as “software-as-a-service” or SaaS, offers a number of benefits to companies of all sizes. The following table provides a high-level summary of just a few of these advantages.
|Financial value||Time to Value||Quick installation and implementation, “try before you buy” opportunities, fast time to value, better ROI than traditional on-premise software|
|Affordability||No large up-front investment, predictable monthly subscription, lower TCO|
|New technology||Continuous Innovation||Improvements provided on a regular and almost continuous basis; upgrades and new releases will not break an existing system|
|Improved operations||Fewer technical resources||Reduce strain on IT organizations, take advantage of the latest in leading-edge technologies, utilize next-generation technology without having to purchase and manage it|
|Focus||Focus on core competencies, minimize the distraction of managing the IT function, outsource the onerous aspects of IT, proactively manage the challenges of growth, regulation and competition|
|Customization||Configure business processes and / or user interface without special programming|
|Integration||Integrate with other applications or data sources using tools such as web services APIs, service oriented architecture (SOA), or a solution developer kit (SDK)
Source: SaaS Realities: Business Benefits for Small and Mid-Sized Enterprises (Research report by Saugatuck Technologies)
Sound good? As you can see, the list of benefits is pretty compelling. But cloud computing may not be right for every single company. Consider how cloud computing compares to locally hosted business management applications.