Today people are adopting smart ways of living. Smart is the buzzword – Smart phone, smart home, smart city, smart technology and so on.
Hence, to be globally competitive it is critical for SMEs to explore various platforms that can help make their businesses smart. One of the technological innovations that has revolutionized the way people and businesses work in today’s world is cloud computing. With its pay-per-user model it has introduced a new concept of consumption and delivery in IT. Cloud Computing gives organizations an opportunity to enhance their productivity and gain a competitive advantage via infrastructure-free IT.
Cloud Computing is gaining traction in the global market among the SMEs. Cloud computing is projected to increase from $67B in 2015 to $162B in 2020 attaining a CAGR of 19%. India too has joined the list. According to “India Cloud Computing Market Forecast & Opportunities, 2020”, the market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020.
Cloud technology helps enterprises streamline their processes, reduce their capital and operational costs. It also helps reorient their business processes with best practices and hence achieve greater productivity. Since it encourages subscription based services this becomes an added advantage for SMEs. The data saved on cloud can be accessed from any internet enabled device and is not restricted to a specific location for access. Thus, allowing stakeholders access to information of their multiple business units at one single place.In the current era, with the expanding accessibility of technology, it is becoming essential for all sizes of businesses to adopt the latest innovation especially to cater to the global competitive market.
“Till a few years back, only large enterprises could afford latest innovation. But with cloud computing, the SMEs too can have access to sophisticated technologies. It has increased their possibility of survival in this dynamic market”, said Shashank Dixit, CEO Deskera, an emerging leader of cloud-based software provider. “We at Deskera provide SMEs with cloud-based business software and are proudly helping them adopt the latest trend of cloud computing,” he further added.
Some dominant players providing cloud services are Amazon (AWS), Google Cloud and Microsoft Azure. There a many companies providing cloud-based applications as well. Deskera- an emerging leader of cloud-based integrated ERP software suite: Slack- a chat-based communications tool designed for teams of all sizes to communicate with one another throughout the workday; SurveyGizmo that helps build, style, test, and share surveys as well as examine the results, and many more.
With these cloud-based products, enterprises can not only make their working easy and effortless but make their businesses Smart.