Enabling new business Models through Cloud Computing

Cloud computing is clearly the future of computing and ten years ago it would be hard to envisage a place where work could take place remotely from anywhere on the planet, but cloud computing has made this all possible.  Cloud computing allows companies to access processing and data storage through the internet making this entirely possible.

The gap between small and large companies have been closed because small companies no longer must spend money on considerable expanse on infrastructure.  Cloud computing companies such as Amazon Web Services and Microsoft Azure sell computing power in increments.

Cloud computing has caught in quickly and companies are quickly incorporating cloud solutions.  In 2016 Amazon Web Service made over $2.5 billion. These services are distributed among a massive amount of companies.  This enables smaller companies access to a massive cloud computing infrastructure and only use the services it requires.  Technology startup’s, like Zapier, are using this capability to create a 100% remote workforce and enable new business processes.

Remote Workforce

“Were a 100% distributed team living and working all over the world….” reads the Zapier about page.  A quick look at their map shows employees scattered across the United States, Europe, Asia and Australia.  All the employees come together to work digitally.  Employees can meet up via Skype, email or another platform.  99% of the time Zapier employees communicate through the cloud.

Although remote work is a great advantage for employers and employees it is also an advantage for customers.  Customer services can be present in most time zones enabling customers access to someone available local to them to help at any time.

This also enables the business to save money through a totally distributed work force and pass these savings onto the customer.  Although a company might purchase IT equipment for their employee’s they no longer have to have a physical address which costs money in renting and maintaining.  Now when taking on more employee’s instead of looking for bigger premises a business can just contact their cloud hosting provider and upgrade their service.

Lightning Fast Processing

Many small engineering companies are exploring the advantages of cloud computing to increase the speed of their simulations.  Simulations can be processed by thousands of computers at once by harnessing the power of cloud computing dramatically reducing compute time.  Something that might have once taken 3 weeks to process can become a two-day simulation by using cloud computing services to purchase ten times more processing power.  Thus enabling smaller engineering companies to deliver solutions as fast as the larger engineering companies.

Better Use of IT Staff

As I have worked in the IT industry for many years it has always been a cycle of buying the right computer at the right time for the right budget.  This budget could quickly become swallowed up through the costs of implementing and maintaining IT infrastructure.  Now with cloud computing any amount of processing power can be purchased and run from a device like a mobile phone, or tablet.  This business model allows IT staff to focus their efforts on tasks other than monitoring the computers in an office.  An IBM executive explains “…it’s taking the previous dollars you spent on having IT staff and making sure you get those folks working on the things that are most differentiating to your company.”

Integrated SaaS

Using SaaS as explained in my get your head out of the clouds article all your software can be hosted in the cloud and accessed from anywhere.  The accounting software can be linked linked to the customer relationship management (CRM) software through APIs.  Cloud solutions like QuickBooks can integrate with a CRM, like Salesforce.  These cloud services are available at all times to employee.

Automated Processes

When cloud services can integrate with one another through the cloud, more automation is possible.  Different branches of the business are no longer siloed.    An accounting transaction in QuickBooks can be automatically logged in a CRM software to track purchases on behalf of the marketing department.  These actions used to be tedious task for a human to complete.  Instead, these cloud services can be integrated into a seamless process.

Cloud technology provides a simple solution to complicated processes.  Access to more processing power and data storage with simple clicks.  It is also up to you as a business how you implement your cloud services.  A central hub for software as a service can be created in cloud.  This allows businesses to integrate their software more simply and automate processes with access anywhere.

As you can see cloud computing has opened a whole new way to create business models.

 

Check out the full article at Tenfold.com

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