Year End Cloud Investment Could Mean Big Savings in the New Year
The hoopla surrounding the final weeks of Q4 are never fun – everyone is rushing to meet deadlines and make proper preparations for the close of the year. But among the busy schedules, it’s important to think strategically about your funding – the decisions you make now can make or break your Q1 financial outlook.
Making a Strategic Cloud Investment
The key to wise fourth quarter spending is to look beyond the end of the year.
During the fourth quarter, businesses will often invest more money into things like cloud computing in order to write off more in operating expenses for the following year. Once the year has come to a close, businesses are faced with the traditionally slower months of January and February. The low overhead that cloud computing affords helps free up funds for the tighter months of the first quarter. The improved processes brought on by cloud computing creates a more efficient environment and can potentially decrease overhead. Instead of making a hefty investment in new hardware, you can make a far smaller investment in cloud computing, and continue to reap the money-saving benefits of outsourcing your data storage and management.
Beyond Cost Saving — Cloud Benefits
But there’s more to the cloud than just the cost savings. In fact, organizations implementing or maintaining cloud computing point to increased efficiency (55 percent), improved employee mobility (49 percent), increased ability to innovate (32 percent) and freeing current IT staff for other projects (31 percent) as the top benefits, according to a recent study by CDW. The move to the cloud is a big one, but it brings big rewards. Taking the first step towards cloud adoption at the end of fourth quarter can poise your company for success in the New Year.
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