Most managers already know that, to make a business grow, it is necessary to carry out conscious management. This should involve reducing costs and making good investments, so that good work is done, but without causing a 'weight' on the company's cash. This type of management is very important, and should be carried out mainly in 'periods of turbulence' – like the one we are currently experiencing.

And to reduce costs, many managers are resorting to the adoption of technologies, mainly cloud computing. That's because, according to a recent survey, the cloud is capable of reducing IT costs by more than 25% for medium-sized companies. In today's post, we will discuss more about this study and the positive impacts that the cloud generates for companies' cash. Be sure to check:

The positive financial impacts generated by the cloud

To carry out the study, 670 IT professionals were interviewed in ten different countries. Those working in midsize businesses reported a 25% savings in IT costs when they started using cloud-hosted business systems instead of in-house solutions. Cost reduction was almost immediate, as investments in servers, computers and software licenses ceased to exist.

The use of the cloud also contributes to increasing the productivity of the workforce, which is also beneficial for the company's cash. With systems hosted in the cloud, employees can access data, documents and applications on different platforms over the internet. This allows them to carry out their work in a much more agile way, but without consuming a lot of resources, and without losing anything in terms of quality.

The growing popularity of cloud-hosted ERPs

In recent years, IT professionals have been paying more attention to cloud-hosted ERPs. In the survey, 60% of respondents who still do not have an ERP in the cloud said they intend to adopt it as soon as possible. Already 55% said they prefer the implementation of a management system in the cloud with mobile functionality, that is, that can be accessed at any time and place, from any device.

The study also pointed out that the first factor that influences the migration from an “in house” system to an ERP in the cloud is precisely the cost reduction. The second factor is the gain in efficiency that cloud computing provides. But regardless of the company's objective in adopting cloud ERP, it will certainly benefit from minimizing IT expenses and increasing the productivity of its staff.

That's because the computing power of the cloud deepens the power of traditional ERP. Companies that adopt cloud ERP enjoy not only better administrative control, but also scalability, mobility and minimization of IT costs. And with the resources saved, companies can work with a budget 'slack' and navigate market difficulties with greater ease.

Is your company already using cloud computing? Has it reduced your IT department's costs? Share your experiences with us in the comments! [:]

Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.