Business Spending on IT Services is on the Rise
More businesses are upgrading technology services. Given the complexities of how business transactions occur today through computer hardware, mobile devices, and cloud-based services, businesses are sourcing firms with heightened IT capabilities. The primary reason why companies increase their IT budgets is simple: They want to remain competitive with new and existing firms. Hiring small independent contractors is no longer effective. Businesses are calling in the big guys to solve complex IT and technology problems. These firms see the light at the end of the tunnel. As technology continues to become more innovative, it is more affordable. The forecast below projects spending for IT Services at close to $700 billion for 2017.
Business owners live in constant fear of IT disruption. It is no secret that fear of IT disruption in technology is a huge factor in spending decisions. A disruptive technology is described as one that displaces an existing technology and creates ground-breaking change in a way that may create a new industry altogether.
Perhaps the best example of disruptive technology would be smartphones. When they arrived, they disrupted a multibillion-dollar cell phone and Personal Digital Assistant (PDA) industry, while introducing new technologies to the mainstream market. With cloud-based solutions in place, disruptive technology will only impact small businesses that are not prepared for change. In fact, without the cloud-based services that newer more popular laptops connect to, they are essentially useless. Disruptive technology does not really affect them because they are connected to the cloud, which is constantly changing. McKinsey Global Institute has listed a dozen disruptive technologies in the chart below. The forecasted global output aligned with these disruptive technologies is approximately $100 trillion when projecting to 2025.
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Cloud Computing Services are Enhancing Small Businesses
Cloud computing is arguably one of the most innovative technologies of the century. Forward-thinking businesses continue to ride the cloud computing wave as their businesses evolve. Cloud computing provides access to data wherever there is an internet connection. In today’s expanding business environment, it is critical that business owners get their cloud services mix right the first time.
Being armed with the right answers concerning what type of cloud computing the business needs, the appropriate budget for cloud computing services, and the threshold for security risks, are all required for a small business to optimize its strategy in today’s world. Reliability on cloud capabilities whether employees are using their computers, tablets, or mobile phones must be high. In the office, utilization must be just as strong as the field utilization. These metrics are best assigned by a reputable cloud computing consulting firm.
Today cloud computing consulting firms offer expertise on a plethora umbrella of services which include the following: (1) Cloud Storage, (2) Cloud Backup, (3) Software as a Service (SaaS), (4) Cloud Hosting. Cloud Storage stores and backs up files for regular access and for sharing and syncing them across devices. Cloud Backup is similar to cloud storage, but primarily used as a backup source in the event of a crash, cyberattack, or other data loss. Software as a Service (SaaS) – refers to using the web to provide a service, such as Office 365, Google Apps, QuickBooks Online, and Salesforce. Cloud Hosting supports all types of information sharing, such as email services, application hosting, web-based phone systems, and data storage.
For most businesses, the benefits of cloud computing are infinite. Cloud computing saves businesses time and money by optimizing productivity and innovation. Small firms use cloud computing to access information anywhere there is a compatible device. Rather than storing information on a computer or a server in the office, cloud computing stores data on the internet. It works by making information available from a central web-based hub. Cloud computing provides access to anyone who has verified identity. It also syncs data for all devices connected to the cloud, keeping them updated with real-time information.
Cloud Computing Consultants Can Solve Cloud Challenges
Every business is faced with the decision to upgrade their IT consulting services. Unfortunately, this means firing a small independent contractor and hiring a more robust, competent firm to help solve challenges. Although cloud technology has added a more effective layer to doing business, like any other new technology, it is not void of challenges. Below are several cloud challenges identified by businesses in the last two years.
The primary role a Cloud Computing Services Team is managing and maintaining various IT Infrastructure technologies. Premier services packages typically include the following: Computation, Storage, Virtualization, and Backups. All businesses require problem management and resolution of issues in a timely manner. Also, troubleshooting and assessment are vital services required, given the uncertainty that companies face.
Cloud Services give business owners the power to operate using the Internet to make business more efficient. Cloud computing solutions allow employees to share, edit, and publish documents in a unified manner. As a result, employees are able to improve communication and e-mail, share access to calendars, contacts, information, increase marketing abilities, and enhance everyday business processes.
Cloud solutions are refining the business world from top to bottom, bringing big changes to organizations of all sizes. From neighborhood businesses to Fortune 500 corporations, cloud solutions offer a level of accessibility that is unmatched. Approximately 40% of firms in the U.S. have fully adopted cloud computing. By 2020, industry experts predict that over 80 percent will migrate to the cloud computing solutions. The need for businesses to align with reputable cloud computing consulting firms will only increase at this point.
Migrating to the cloud offers several benefits to business owners. Key advantages include lower costs, improved collaboration, increased flexibility/scalability, and greater integration. However, with so many cloud solutions now available for businesses, there may be difficulty in aligning with the right consulting firm to handle challenges.
Cloud integration is a major undertaking for all businesses. Every company needs a team of experts to help launch successful initiatives and ensure success. The right cloud computing consulting partner will accelerate time to market with proven strategies. To partner with the best firm, a business must be able to identify their individual needs while also having insight on the latest cloud technologies available. The decision to employ the right cloud computing partner can make or break a business in today’s economy. However, it is better to be well equipped with a firm that can treat all aspects of a problem than to be underserved with a single contractor who has to outsource to find solutions for cloud computing challenges.