PLM
By Ella
3 minute read
Ella By Ella
3 minute read
With digitalization growing fast, cloud-based software, also known as SaaS, has become more and more popular. But the truth is that this method has existed for a long time and was more commonly known as cloud computing.
The popularity in recent years is also due to data becoming a valuable asset for businesses. Storing data on local servers is not easy and using remote servers hosted on the internet is always a better option than a local computer.
These days it is more common that companies that need to save vast amounts of data are choosing cloud-based solutions that enable them to manage and process their data more efficiently.
READ MORE: It's all about data
Cloud-based software is your virtual office
Let’s imagine the scenario of moving to a new office. You need to find the right place to set up your operations, give it a structure and organize different elements like equipment, furniture, files, personnel.
When deciding to opt for a cloud-based solution, it is a similar process, but instead, you are picking the place to set up your office in the virtual sphere. You are giving structure and organization to your intangible property – your data.
What are the benefits of storing your data in SaaS?
Flexibility
Cloud-based software can be accessed from anywhere at any time. It gives companies flexibility when working remotely or at home, while commuting and when traveling. You get access to your data from any device (mobile, tablet, laptop) just with a Wi-Fi connection, and no matter what time zone you are in.
Collaboration
SaaS solutions empower collaboration among colleagues, giving them the ability to communicate and share data easily outside traditional methods. If your company is based in different locations, cloud-based software will give your employees access to the same information in real-time.
Reduces IT Costs
The maintenance of an IT system can be expensive but, cloud-based solutions are often cheaper. Upgrades to the software and the server, and development of the platform are usually included in the license.
Automatic Backup
In case there is a disaster scenario like a power failure, and you are afraid of losing all your data, fear not! A cloud computing software automatically provides a backup without having to spend on an alternative recovery system. It enables you to continue with business operations quickly, preventing any loss of productivity.
Supports Sustainability
IT operations consume a lot of power. With a cloud-based platform, energy consumption can be reduced and also your carbon footprint. Switching to a SaaS solution supports the digital transformation of your company, encouraging your business to use more virtual solutions that reduce, for example, paper waste and power usage.
Insights
Cloud-based software provides excellent data analytics ideal for decision-making. It enables management to access reports that will enable them to make better and faster business decisions. Data in SaaS is always available in real-time, giving you deeper and faster insights.
Security
Cloud-based software improves data security by using encryptions, single sign-on, and access to the platform only based on role. Therefore, your data in SaaS is always going to be more secure than in a local server.
READ MORE: PLM is the SaaS solution you need for apparel and lifestyle brands