Many businesses seem to adopt the cloud-based business environment for their success in this highly competitive market and this statement is substantiated by research which states a 75% increase in the adoption of cloud platforms by businesses. The reason behind this high rate of interest shown by businesses towards the cloud is that it enhances the decision making power of businesses and serves as a barometer for the progression of the industry. It is possible to cover the needs of users and vendors promptly and helps businesses to constantly innovate and yield a competitive advantage over its rivals.
IBM survey reveals that the strategy of analytics software is important for decision-makers, procurement executives, and human resource managers in a company and there has been a 72% increase in the usage of cloud strategy by these officials in an organization. They can use real estate analytics software extensively through the cloud and this strategy helps them to derive clear insights on their business decisions. Thus real estate analytics seems to help businesses with their performance resourcing as they can reach the market faster, in their business agility, and their cost reduction strategies.
Clear advantages of cloud computing:
There could not be a single reason why businesses choose to adopt the real estate analytics software in India, they rely on a complex combination of advantages it offers them which are briefly discussed here:
- Business agility: The real estate software enhances agility as it features rapid elasticity and self-service on-demand. It is possible to acquire and deploy IT resources more quickly, and as they get deployed they could be enhanced or decreased to meet the demands of the business. Therefore, enterprises can innovate, conquer new markets, and introduce new services and products by adapting cloud computing strategy.
- Productivity: enhanced productivity is the second reason by adopting cloud computing as it offers a more productive working environment by collaborating work, enabling participants to share their business logic in a closed business ecosystem, etc.,
- Quality of work: another important reason to use the software is that it translates to the better work quality. Any business with a quality and efficient IT department with cloud service can acquire an attractive stand at the entire market place. They can use information better, manage employees, and work better, they enjoy better business continuity and offer a good carbon footprint all converging towards business success.
- Cost of business: this software offers several advantages such as productivity, agility, and quality at a very reasonable cost. This is one main reason why companies choose to turn towards the cloud. It helps businesses with cost conservation through server consolidation, community cost-sharing, or thin clients. Also, public clouds can replace capital expenditure by operational expenditure in some cases.
- Ability to conquer new businesses: it has been proven that cloud computing offers the advantage of new business ventures for any enterprise that incorporates it.
Thus, by implementing business processes over the cloud, real estate firms could conquer the vast market easily as only the best would survive in today’s scenario of fierce competition.