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How the Cloud Is Changing Management Worldwide

Management

For a company to continually operate in the market, its many processes need to be performed correctly, without any failures that result in wasted time and financial resources. Today, this is one of the main concerns of managers, especially those who coordinate industries that have uninterrupted production areas, such as telecommunications and consumer goods.

Because they are immersed in an extremely challenging economic environment, they also need to find ways to reduce costs and risks, while innovating, increasing responsiveness, and improving customer service. One of the technologies that can help them navigate these challenges is the cloud. Next, learn how cloud computing is revolutionizing the way industries around the world operate. Look:

The innovative way of cloud dribbling challenges

Today, every industry faces daily challenges that, with the adoption of the cloud, can be much simpler to dribble. When a machine belonging to a motorist factory fails, for example, a long time is spent for it to function normally again. First, the employee will try to identify the problem by gathering the basic information to inform the possible reasons for the failure to the professionals in charge of the maintenance.

From there, the machine is turned off and the repair order is made. After days, weeks or even months, it is finally repaired. In the current competitive market, only one second is enough for the mill to suffer from the negative impacts caused by the time it went down, such as stopping manufacturing processes, reducing sales, and losing competitive advantage.

But if this same factory invested in a cloud-hosted management platform, which in turn would be leveraging the power of IoT (Internet of Things) and Big Data’s capability, the machine itself would send a message to maintenance professionals stating that she would be in trouble, and they would receive it on their mobile devices regardless of the time or place they were.

In this way, his efforts would be turned to the machine, so that the repairs were made quickly. As a result, the equipment shutdown time would be drastically reduced and the plant processes would not be interrupted. This is exactly one of the purposes of the cloud: to ensure the agility needed by industries, and to enable them to save time and especially financial resources.

Other cloud benefits for industries

Today, industries need the cloud to deliver competitive advantages that help them cope with the challenges of the market, such as lower profit margins and low customer confidence. Only with this technology can they respond quickly to trends and improve the flexibility of business processes. Below, is the list of other benefits that the cloud can generate for these companies:

  • Eliminates costs with its own IT infrastructure;
  • Reduces operational expenses;
  • Increases business profitability;
  • Allows centralized and efficient monitoring through mobile platforms;
  • Facilitates compliance with more stringent regulations;
  • Streamlines the detection and correction of process failures;
  • Improves customer satisfaction;
  • It allows managers to pay more attention to the most important activities;
  • It makes the company more sustainable.
  • Some of the sectors that are already benefiting

Bank officer

As this industry has grown a lot in recent years, companies are using the cloud to meet the demands of both customers and the market itself. The technology is also eliminating the need for financial institutions to have a customer database in each country, thus increasing their revenue.

Hotelier

The vast majority of medium and large hotels already adhered to the technology to get closer and closer to their guests. All of your systems are hosted in the cloud, which is eliminating the need for them to maintain their own infrastructure and to focus everything on a single platform.

Consumer goods

Many managers of consumer goods industries use these solutions to have a broad visibility of the company’s inventory and the supply and demand of its products. Industry-specific applications hosted in the cloud provide insightful insight into all the demands and progress of production.

Sales and operations planning

The use of transportation management systems, spare parts management, and store shelf optimization are strategies within the supply chain that have the greatest potential to produce a strategic and financial return through the use of cloud computing. Supply chains are strongly benefited by adopting, for example, ERP solutions in the cloud that provide the enterprise-wide management system online and with real-time data.

Support for IT departments

Companies continue to challenge their IT departments to do more with less. The reality is that technology teams are practically focused on maintaining existing systems and infrastructure. On average, they allocate a small percentage of their budgets to new solutions. With the cloud this scenario is reversed, as there is a sharp reduction in technology-related operating costs. In this way, it becomes possible to make more investments in innovation and improvement of processes.

The relationship with suppliers and commercial partners

The relationship between suppliers and business partners remains a major challenge for most supply chain companies. The reality shows that the success of the connection between companies is much lower than expected, reaching even the search for new business partners. Cloud computing, integration and communication electronically have contributed many benefits across networks of global vendors. Cloud services in Dubai are becoming essential for large-scale supply chains as companies look for agility and speed in solving complex problems through collaboration and more effective processes.

Conclusion

Cloud computing has helped the supply chain reach its full potential by achieving more efficient means of collaboration, communication, shared risk, and adaptation. With an increasing number of successful cases, the cloud has contributed important lessons and acquisition of good practices within the operating procedures of the sector. The success of management is increasingly defined by the company’s ability to react quickly to the market and make strategic decisions. Organizational management is changing fast. For the growth of small and medium enterprises, the key is to recognize the great opportunities and consider the possible implementations, such as cloud computing.

Abigail Caleb
Abigail Caleb is a technical content write and currently working for UDK Solution, which provide IT solutions in Dubai. She loves to learn and share technical news and updates.
http://www.udksolution.com/

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