Cloud technology has changed the way people do business. It is more than just saving on your IT costs. It is about innovations that are changing the way industries run businesses. It is improving business processes and varied businesses are getting advantage from it. 10 such businesses that are using cloud technology to gain competitive advantage are enlisted below.
Aggregators like expedia.com, hotel.com and others are eating away the margin of the hotel industry. The problem is that they still run on excel! By using cloud technology that can test their price elasticity online and face the challenge posed by the aggregators. Having their own site with all facilities will allow them to grab more business.
Administrative process and demand in market go hand in hand. More strong the administration, higher is the demand. The education sector is utilizing cloud technology to update their systems. They are building a centralized knowledge base to connect with their staff, alumni, and students.
The steel industry has huge data to be collected and maintained in order to perform at their best. They have clientele all around the world. Production is carried on 24×7, 365 days a year. Their employees need to be updated about the present condition. With cloud technology managing everything has become easier. Now, they do not have to manage big servers at their offices. Rather keep a small team of IT professionals to manage the cloud-based data.
#4 Life Sciences
Every day something new is invented. With this, the complexity of clinical trial data is increasing. The volume of data is also increasing. Researchers require new methods that will pace up the processes and save cost. What can be better than shifting to cloud technology?
#5 Real Estate
It has proved to be a lifesaver for real estate companies after they started storing data on a cloud server. Agents can access their associate files without being depending upon the traditional system. By using cloud technology that is available for free a real estate company can share their data with requisite people. It has made it possible for the real estate professionals to gather and share information much faster.
#6 Consumer goods
These businesses have got immense benefit after shifting to cloud technology. Benefits derived by consumer goods sector are
- Introduction of fresh products in the market much quicker
- Boosting effectiveness of sales force and
- Improved customer satisfaction.
All this is possible for the cloud-based CRM that allows different marketing campaigns namely mobile, social, web, and email to target the customers in better way. With cloud technology, it is also possible to gather and store innumerable customer data and use them when required.
#7 Financial and Banking Services
Financial and banking sector works mainly with data and customer service. Obviously, after adopting cloud technology it has become easier for this sector to manage their data. Now, it’s possible to give better service with software that runs on cloud servers. Businesses are able to move to new segment by utilizing the various cloud technology.
#8 Fleet management
After utilizing cloud technology, businesses busy in fleet management have improved their service. It is possible for them to get information about various fleets operating on the roads. By implementing software that runs on cloud technology, it is now possible for these businesses to make their customer delighted with their services.
#9 Courier services
Courier services need to provide their customers information about their packages. At the same time, they need to keep track on their shipments. All these are made easy with the varied software that helps in managing the different functions of a courier business.
#10 IT developments
Finally, if businesses associated with IT developments are not mentioned then this list will be incomplete. With the help of cloud technology, such companies are able to provide better solutions that are helping businesses from all other sectors to boom.
About the Author
Michelle Patterson works with companies that are introducing new technologies to make understanding them easy for regular people.