One of the first questions we hear from customers with on-premise business software systems is: ‘Why Cloud?’
Here are four key reasons:
- Financial savings – Cloud solutions cost 30% less than on-premise systems.
- Rapid implementation times – three to six months compared with 12-18 months for on-premise systems.
- Keep pace with technology – businesses can take full advantage of the latest mobile, social and analytic capabilities as they develop.
- Ongoing evolution – Cloud applications can be rolled out piece-by-piece with the ability to add more over time.
Oracle predicts that by 2025, 80% of corporate IT budgets will be spent on cloud services, and that 90% of enterprise data will be stored in the Cloud.
These huge figures demonstrate that cloud-based applications are the way of the future, and that more organisations are moving to the Cloud.
Oracle’s Cloud offering is unique in that it allows businesses to integrate software as a service (Saas), infrastructure as a service (IaaS) and platform as a service (PaaS) from one provider. This is one of the reasons why PrimeQ has chosen to partner exclusively with Oracle to create successful outcomes for our clients.
Furthermore, Oracle predicts that by 2025, 80% of IT spend will be on innovation rather than maintenance, thanks to the Cloud. Businesses will have reduced need for maintenance, allowing them to concentrate their focus on innovation and business improvements.
The Cloud Environment
- Multi-Cloud Strategy
- Single Cloud Strategy
85% of Enterprises already have a multi-cloud strategy, combining services such as ERP, Marketing, HR and Transportation management.
- $US SaaS Spend
Over the next 2 years, SaaS spending is anticipated to reach more than $US120B worldwide, demonstrating the huge demand for cloud services.
- Mobile Traffic
- Non-Mobile Traffic
With 90% of traffic anticipated to be on mobile devices by 2019 (phones & tablets) instead of traditional methods, cloud systems are essential not optional.