Why Are Cloud-Based Platforms So Popular?

Today, one can find more than a hundred IT Services providers offering cloud-based applications. What are the reasons behind the increasing popularity of cloud-based solutions? The most prominent reason behind the popularity of these services is the decrease in investment required for software and hardware maintenance, which ultimately lead to increased efficiency and operational productivity. As a result of these factors, the productivity of an organization automatically increases.

What are the benefits of cloud-based platforms for your business?

In this article, I would like to discuss some of the key reasons why these cloud-based platforms are so popular today. At the outset, let us look at the functions of cloud-based solutions. As already mentioned above, cloud-based services offer numerous benefits, including cost reduction and reduced infrastructure requirements along with improved deployment options. These benefits lead to:

Reduced Operational Cost

With the help of these services, a company does not need to purchase expensive servers or software. It also reduces the need for hiring more staff which results in increased efficiency and salary utilization. A provider of such a platform will provide the software on a pay-as-you-go basis, and hence there is no requirement for them to procure specific hardware components. Also, they don’t have to pay for the management and support services separately. All these functions are managed by the provider, and hence all these costs are managed on a pay-as-you-go basis.

Scalable Solutions

This is another key reason why cloud-based software is so popular. Today, almost every organization across industries is moving towards a cloud-based environment for their business because it enables them to easily scale up their requirements. These solutions are scalable, meaning that organizations can easily add or remove resources as and when necessary. For example, if your organization requires more staff and more resources but the geographical location is shrinking, then moving your applications to a cloud-based platform will be a good decision rather than hiring more employees and purchasing new equipment.

Flexibility

This is another reason why a majority of business organizations today are moving towards cloud-based solutions. These applications can easily be customized according to the exact requirement of an organization. The flexibility aspect of these solutions also offers businesses a lot of opportunities that they can exploit. For instance, if an organization requires specialized tools for its online marketing efforts, then they can easily acquire the required tools from the market and use them on their own website without any hassle.

Metering of Efficiency

Another reason why most businesses are turning to a cloud-based platform is that it provides metering of efficiency. As mentioned earlier, a cloud-based platform offers businesses the ability to easily manage their resources on a pay as you go basis. Hence, you don’t have to pay for additional hardware and software installations. The solution also allows you to make use of a very efficient metering system which further increases your return on investment (ROI) over a short period of time. To ensure that you get maximum returns in a short duration, you need to constantly monitor the efficiency of your employees and the overall efficiency of your organization.

Scalability

A Cloud platform comes with a great scalability factor. No matter how big or small your business is currently, it can grow without any difficulty. Scalability is one of the most important benefits offered by a Cloud platform and this is why most organizations today are opting for this solution. You can easily adjust the resources of your website and increase or decrease them according to the current demand of users.

In a nutshell, a Cloud-based platform offers you many advantages over your present applications. If you want to know more about these advantages, I would suggest that you should read a white paper about cloud-based platforms written by experts. After reading the white paper, you will understand why a majority of the companies today are moving towards these solutions. So, what are you waiting for? Visit https://es.clariba.com/sap-analytics-cloud now to find out how you will incorporate cloud base platforms into your business.