Cloud Computing and Small Businesses
Cloud computing and its various functions have been a hot issue for all organizations, no matter its size. For small businesses, particularly, cloud computing has revolutionized the way that they conduct their operations and functions. Cloud computing has not only led to a boost in productivity, it has also resulted in increased worker engagement and reduced costs associated with time and resources. In fact, news articles point out how startups today are able to set up their IT infrastructure for a mere pittance of what it used to cost just a few years ago.
Cloud computing has ushered in a digital era that allows companies to connect with its suppliers, its peers, and its consumers worldwide because of the ability to conduct business anywhere, and anytime in the world. It is true that the companies that rely completely on cloud computing technology are relatively still small, however, they are definitely growing in number. Experts predict that, in the near future, their release on cloud computing technology will allow them to operate faster and more efficiently than many traditional companies. Here are some of the most important areas where cloud computing has affected small businesses.
Boosting Employee Productivity and General Well-Being
Communication is a huge factor when it comes to employee satisfaction. Cloud-based technology today has easily created solutions which can fill the communication gap between manager and his staff members. For example, in most small business settings, managers are often asked to conduct performance reviews of the staff members to determine their productivity and efficiency at work. Instead of waiting for the much-dreaded annual review, the manager can implement a cloud-based solution which makes possible the continuous assessment of employee performance.
From remuneration to training and performance metrics, cloud computing offers an effective solution to centralize all aspects of employee management.
One of the most important ways that cloud computing technology impact small businesses is in the provision and integration of technologies that they could not implement or afford on their own. In certain cases, businesses do not possess the resources to purchase hardware and software systems that are necessary to streamline their internal operations. Instead of doing this, small businesses can simply seek the services of cloud computing providers.
With the use of modern systems such as multi-tenant infrastructure, cloud computing providers are able to provide flexibility for their services. Small businesses can essentially pick out what they want from a list of services and disregard any service that they do not currently need or require. If, in the future, they find themselves needing more services or having to scale up their existing ones, it would be easy for the provider to adjust to their needs. This kind of system translates to a multitude of benefits and considerable cost savings for small businesses from all types of industries.
Automation and Innovation
Cloud computing also has a significant impact in how small businesses innovated or automate certain parts of their business processes. Some of these relate to the data capture and aggregation process, while others are involved in the process of knowing the target customer better. Still others may apply to a manufacturing or product development design, or to a specific service delivery model. While every small business scenario varies from one to the other, the benefits of cloud computing are widely recognized. As a matter of fact, experts believe that this type of model will result in immense changes in the business world in the next few years.