Three major changes in cloud computing

Companies that do not foresee the far-reaching implications of cloud computing are likely to be at a disadvantage or even fatally hit by future competition.

It is often surprising to me that many companies have no concept of the huge changes that cloud computing will bring them.

In fact, in the early days of internet development, we have seen similar phenomena. Some enterprises seize the opportunity, and gradually grow and develop. And some companies do not seize the opportunity, had to play catch-up in a long time role, and some even closed down. In fact, one of the key skills of business management is to discover and understand new technologies that will change the direction of business, and cloud computing is an example.

How can companies that can't hold cloud computing miss the convenience they bring? I thought of the following points.

Reduce IT management costs and create price advantages. Your opponents sell their products at cost, but still make money. By using cloud-based services, they cut costs by half, before they invested 50 million dollars a year in it. Or they have abandoned plans to invest in new data centers, and instead have used cloud computing to save costs and lower prices, thereby expanding sales and earning higher profits.

Better use of business data. Cloud computing makes the processing of large data easier, and traditional methods often cost very much. With such calculations, many enterprises have widely access to information, determine the direction of development of enterprises and find various opportunities, and before they often suffer from the lack of information. Large data systems based on cloud technology enable them to gather resources more rationally and use them to generate revenue. If your competitors are doing this now, be careful.

Leverage the new flexibility of IT technology to expand the size of your business. Many companies want to expand their size through acquisitions and mergers, but they have to give up because of the long time it takes to transform existing IT facilities. And cloud computing has the flexibility to quickly build infrastructure, applications, and business data. With this, businesses can scale up faster, with lower costs and less risk.

Using cloud computing will help you gain a greater competitive advantage. You have to be aware of this, otherwise if you let your competitors take the initiative, you will certainly eat a big loss.

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