Friday, 24 April 2015

Importance of Cloud for SME's to achieve growth



Of all the developments in information communication technology (ICT) over the past decade, cloud computing has been one of the key gamechangers, offering far-reaching benefits for businesses.
A recent report by IDC says that SME cloud spending will grow by nearly 20 per cent the next five years.

The research findings showed that
33 per cent of SMEs are using the cloud for email
33 per cent are also using it for storage and back-up.
Other cloud applications being used include
accounting and billing - 15 per cent,
HR - 14 per cent
CRM -14 per cent By delivering cost-effective, on-demand computing opportunities, the cloud is dissolving the advantages long held by larger enterprises.

By observing the above figures, you would have by now know the importance Cloud computing is gaining among the SMEs.

The benefits it drives are as follows:
SMEs gain the ability to grow faster and employ more people.
It offers SMEs in the UK the opportunity to compete with big organizations.
SMEs can even take head on with competitors internationally like never before.
It puts employees in control resulting in increased motivation and in-turn, greater productivity.
Simplifying accounting for businesses and harmonizing workflows and policies to achieve lower costs and higher quality.

Cloud-computing is fast becoming the norm for thousands of businesses across the UK, enabling them to be more agile, flexible and ultimately more productive while at the same time reducing costs and their impact on the environment.
Perhaps it’s time that your business decided to embrace the cloud?
Call corient at (44) 24 76997742 and we will help you take full advantage of cloud computing through our customized offering accounting services for business.

Author: Sachin Lohade is a Chartered Accountant and works with Accounting Firms to improve practice and reduce costs. He can be reached out at sachin@corientbs.com or you can visit www.corientbs.co.uk

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