5 Ways Cloud Computing is Changing How We Do Business
As the world of information and data continues to expand, the cloud is expanding right along with it. And, nowhere is the cloud's presence more appreciated than in the information-heavy, always growing corporate arena.
With storage solutions in mind, here are just a few examples of the role the cloud is playing in corporate America and beyond:
Updates Made Easy
Upgrading software is a daunting task, especially when those updates take place on a massive corporate level.
But, because cloud service providers handle all of the maintenance aspects of cloud computing, the corporate world doesn't have to worry about keeping track of system updates.
Cloud service providers take care of all the necessary system updates and upgrades, including all security updates. This allows corporations to concentrate on the job at hand without having to put the working day on hold while updates take place.
Lower Operating Costs
Cloud computing saves the corporate world money on two fronts: IT staffing and equipment costs.
Because cloud service providers take care of all the maintenance and system updates, it means large businesses can cut their IT budgets in half. Cloud computing services do cost money, but it's a fraction of the cost of onsite IT services.
Likewise, because the cloud's servers and other related equipment are housed offsite, the corporate world can save money by avoiding expensive equipment upgrades and upkeep.
The cost benefits are just another one of the many reasons why more corporate giants are following the cloud in order to make their working worlds better.
Scalability on a Corporate Level
Massive, fluctuating amounts of data just comes with the corporate territory, which is another reason why the cloud is so beneficial for major businesses. The cloud is infinitely scalable, which is essential for the changing data storage needs of the corporate environment.
Before the cloud, businesses had to waste time and money upgrading servers and expanding their storage needs.
But, with cloud computing, increasing and decreasing storage needs is as easy as contacting the cloud service provider. And, the best part is, the change in data storage is oftentimes instantaneous.
Because the cloud is an everywhere computing platform, it gives the corporate world unparalleled mobility.
Whether employees want to work from home or share files and documents with colleagues across the world, the cloud makes it possible.
With the cloud, employees can access and share business-related data from anywhere.
And, thanks to the cloud's all-encompassing storage capabilities, files, data, and documents are kept in a central storage location, which keeps corporations on the same page all the time.
Although storing a massive amount of sensitive data offsite may sound like a security risk, the cloud is one of the most secure forms of data storage available.
Because information is stored in the cloud and not the device itself, business data is always secure and accessible, even in the event of theft.
Additionally, even though the cloud is easily accessible, cloud service providers take extra measures to protect stored data by only granting access to users with encrypted passwords.
Likewise, service providers also use the most up-to-date security monitoring software to ensure security breaches don't happen.
When it comes to data storage on the corporate level, the cloud really does play a giant role. As a corporate manager, have you integrated the cloud into your company’s plans?
Adam Groff is a freelance writer and creator of content. He writes on a variety of topics including data storage and technology.
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.