Organizations of all sizes and across all industries have been rapidly adopting cloud solutions to meet critical business needs. Several factors make it attractive for organizations to adopt cloud solutions.
Lower Initial Cost
In most instances, the initial cost of obtaining cloud solutions is less expensive than acquiring traditional on-premise solutions. Organizations deploying cloud solutions avoid large up-front application license fees, and there is no need for them to purchase and maintain servers to run the applications.
Purchasing cloud solutions allows organizations to account for them as an operating expense rather than a capital expense. This is often more attractive for organizations that prefer a leaner, more flexible balance sheet.
Lower Ongoing Maintenance and Upgrade Costs
By using cloud solutions, organizations are not responsible for on-going software and hardware maintenance and upgrades. Instead, the cloud solution provider maintains the complete solution to ensure that it is functioning reliably and securely. This relieves the organization’s internal IT staff of this responsibility and expense, and it frees them to focus on more strategic assignments.
Organizations can typically deploy cloud solutions much more quickly than on-premise solutions. Because solutions are already running “in the cloud,” in most instances, organizations can quickly access them and be up and running in a matter of hours or days. Cloud solutions avoid expensive installation and implementation projects that can often take many months.
For many organizations, cloud solutions provide better security for applications, data, servers and networks. Many organizations, particularly small and mid-sized businesses, do not have the staff, budget or time to follow stringent security standards. Security requirements are often better met by a cloud provider, who maintains a dedicated staff of security experts, follows strict security protocols, complies with industry standards, and has documented and proven data back-up and disaster recovery plans.
Cloud applications are regularly enhanced, and these upgrades are included in the subscription fee. This ensures that organizations are protected against application obsolescence.
Because cloud solutions are generally accessed via the public internet, organizations can use the application wherever they have internet access. Users are not tethered to a particular location or a particular device. This is particularly attractive to organizations with employees that work off-site or in distributed locations.
Download the Whitepaper, Evaluating Saas and Cloud Solutions, for more information. For more information on Deltek First Vision Essentials, Deltek’s premier cloud solution for professional service firms, see http://www.deltek.com/deltekfirstprofessionalservices/.