7 Ways the Cloud Saves You Money
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Transcript of 7 Ways the Cloud Saves You Money
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7Ways the Cloud Saves You Money
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We’ve all heard it before: cloud computing can save you so much money!
But the question is where are these savings occurring? When businesses work with a cloud provider, they will see many existing costs transfer over. While some of the savings are pretty obvious, others might surprise you. Thanks to the cloud, organizations can focus on developing their business while also cutting major costs. It’s the basic concept of getting more for less.
Let’s take a look at how the cloud saves you money.
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1Fully Utilized Hardware
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Top-tier equipment is expensive. It’s costly to pay for the technology needed for your employees and business to work successfully.
Often, businesses purchase more hardware than they need in case a failure occurs.
That’s not the way to do it.
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Phase out what you don’t need. Instead of purchasing all the equipment and
resources yourself, the provider deals with these costs and offers the resources as a service.
This lowers the cost of installation
maintenancehardwareupgradessupport
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2Unique Payment Model
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Use the pay-as-you-go model. Businesses are charged based on what they use, just like paying your water or electricity bill.
This keeps costs low by eliminating unused resources, postponing unnecessary purchases and allowing you to test solutions without fully commiting first.
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3Reduced Capital Costs
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From CapEx to Opex. You don’t need to invest in costly infrastructure anymore, so you don’t see huge upfront costs.
The capital investment of servers, power, software and more becomes the provider’s problem, not yours.
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What you need, when you need it. You don’t have to invest in resources used minimally. Instead, acquire resources quickly and easily, with the
ability to scale as necessary.
This means you cankeep your budget in check
have what you need to operateincrease or decrease usage as necessary
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4Software Savings
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Don’t wait weeks or months. Get immediate access to the programs you need with the fastest software deployment.
When your employees spend less time waiting for new tools, they can spend more time working productively.
That will definitely show in your profits.
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Software pricing will change. The upfront costs of licensing and price of constant upgrades can be eliminated. Experience per-user
costs and automatic upgrades instead.
This reduces the financial risk of software that might not work for your business after all.
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5Decreased Power and Space
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Idle equipment wastes energy and money. Thanks to better hardware utilization, excessive power usage is cut.
It’s easy to consolidate servers, saving space and power costs for everyone involved.
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Two benefits in one.Decreasing power usage and space needed saves
money on office real estate, equipment and electricity.
Providers will also create a smaller footprint on the environment.
This is a money-saving and Earth-saving benefit.
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6Reduced Labor Costs
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It’s not your responsibility.As equipment and support is moved to the provider, the responsibilities of managing, repairing and replacing infrastructure move along too.
Additionally, many services and tasks can be automated with the cloud.
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Re-focus your team.You can free up your IT staff to focus on business
development and strategy. These areas will ultimately make more money for your company.
This is especially beneficial for small start ups, as they can keep their workforce light.
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7Flexibility and Mobility
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Anywhere, anytime.While this type of access obviously creates new ways for businesses to operate, it also helps with cost savings.
Your business data is stored virtually in the cloud instead of on physical devices. This means you don’t need the fanciest, most expensive computers to work efficiently. All you need are Internet-capable devices.
Even a smartphone would work.
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Keep things simple and easy.Mobility simplifies and lowers your costs.
Users can use devices they already own, liketablets
smartphoneslaptops
This is called BYOD and it helps your employees remain productive, even away from the office. Better yet, you don’t have to purchase as much hardware.
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