Financial Benefits of Moving to the Cloud


As a wrote in one of my earlier blogs, there are many reasons to move to a cloud-based Software as a Service (SaaS). To give you a short recap, SaaS offers you the benefits of everywhere and anytime accessibility, customizability and cloud-security and much more. In case you have not read this post, please click here. Today I like to focus on the financial benefits of SaaS, which might be one of the main reasons you should consider moving to the cloud. How can SaaS make your business save money?

First of all, SaaS naturally brings economy of scales. In other words, a proportionate saving in costs is gained by an increased level of production. How it is done has to do with the practicalities of cloud-based SaaS, which means that tasks such as inventory work and sales can be done more convenient which saves you a lot of time. Now you got more time on your hands, you can focus on what you do best, which is growing your business.

Moreover, working in the cloud uses less electricity. In comparison to running your own data center, it means you do not longer utilize your servers to the fullest. And as you might know, idle servers waste a lot of energy. This eventually leads to a energy bill that much more kind to you  in comparison to the ones you normally receive.

Another financial benefit of cloud-computing, is that you do not have to buy specific hardware you normally have to in case you work with on-premise software. Because SaaS is accessible through almost every wifi-connected device, moving to cloud-solutions means that you can use the devices you already had. The only thing you have to do is installing the application which is as easy as 1, 2, 3! And this, ofcourse, can save you a lots of money (and lots of time!)

–   Saving money on energy costs also has benefits for the world. When using less energy, this automatically means you emit less CO2 and other gasses that negatively affect our world. In turn, when your company is characterized as a green company, it will make you more attractive to both companies and consumers.