Use cloud to smooth mergers
Wednesday 24th July 2013
While it is often of mutual benefit to companies to merge, partner or for one to buy out the other, the process can be troublesome. One of the main reasons for this is to do with data sharing, which can prove highly time-consuming and cause information to be missed. However, using cloud computing, your business can avoid this.
Joe Kendrick, a technology expert writing for Forbes magazine, explained it is a widespread problem among agencies to waste man hours on sharing necessary information, even though the technology is there to make it faster.
He said: "Even government agencies have this problem in a big way, especially when efforts are made to consolidate agencies or departments. There are agencies today that have workers manually coding information from one system to another. It still takes a lot of time and work."
By setting up a network via the cloud, information can be shared quickly and easily across businesses. It saves time and money, not to mention it puts less strain on company resources.
Mr Kendirck added: "End-users in the conjoined organizations can readily and rapidly access cloud-based systems."
Setting up business processes and sharepoints across companies in the cloud can be beneficial moving forwards too. As many companies are keen to get into the big data trend, they will be absorbing a lot more information and learning more that can be beneficial to their customers. Additionally, it allows faster and easier input between companies on particular issues, allowing fewer things to slip by.
Scalability is one of the main draws of the cloud. Even at the initial point where companies merge, demand on systems will step up considerably and those that are in-house may be unable to cope. On the other hand, cloud solutions can be scaled up as and when is needed to avoid technical issues.
Cloud service providers, such as Dot Net Solutions, can aid in setting up solutions fit for this purpose. Companies need not throw out in-house systems either as a hybrid cloud can incorporate what they already have.