by Yehuda Cagen
9. February 2010 10:57
In a study conducted by analyst firm Freeform Dynamics, more than 40% of small and medium-sized businesses that use hosted or cloud technology reported revenue rises of 30 % or more while 90 % of respondents not using hosted technology saw decreases in revenue.
Benefits of Utility and Cloud Computing
Firms enjoy the pay-as-you-go economics because it keeps cash in the bank longer. Additional business benefits include:
· Accelerated Speed to Market: Starting with a prebuilt, enterprise-level IT foundation allows clients to accelerate launch times of projects and businesses
· Lower Financial Risk: Reduce the risks of on-premise solutions that require upfront capital expenses with an uncertain payoff
· Greater Financial Visibility: A cloud-based managed service provider helps executives more accurately forecast the costs of adding new users or locations.
· Better Cash Flow: Avoid assuming debt and keeping cash in the company longer
· Free up Internal Resources to focus on innovations that drive business instead of daily trouble-shooting
