5 Cloud Business Benefits
October 16, 2012
Grazed from Wired. Author: Edwin Schouten.
One of the benefits of cloud computing is increased efficiency; services are rapidly deployed and ready for use in a matter of minutes versus the weeks or months it traditionally takes. But there is more to cloud computing than just getting your compute resources, storage capacity or application as a service within minutes. Based on personal experience with cloud consumers, here are the top five business benefits beyond efficiency.
Business agility
Getting the compute resources you need when you need them tends to shorten IT projects resulting in less FTE to deliver the project and a quicker and more predictive time-to-market. Being able to deliver results faster, cheaper and with more quality might just give your business a competitive edge and make her more nimble on her feet. I have seen a data analytics project being reduced from 4 months to just 3 weeks, reducing the projects time-to-market and overall cost significantly…
New business models
It has become much easier to start business innovation initiatives, often enabled by readily available cloud services. Utilizing or combining these services can result in new and innovative business models, generating new value propositions and resulting in new revenue streams. There are even companies that are building entirely new business models and value propositions solely using cloud services. I see this last category especially in small and medium enterprises, but also think of Spotify, and BitCasa…
Read more from the source @ http://www.wired.com/insights/2012/10/5-cloud-business-benefits/