Technology for MSMEs: Commonly employed in large organisations, SMEs also have joined the bandwagon by adopting the cloud technology which makes operations more mobile and accessible for a team.
There is a tough business scenario for all business, be it local or global. Competition is everywhere. Added to this GST (Goods and Service Tax) has also brought in huge disruption in the market. The aim of GST is simple & transparent. But all business need to embrace IT (Information Technology) platform to be GST compliant.
On the other hand if we see closely, this is the best time for the Small and Medium Enterprises to consolidate and establish its position.
Some Downloadable PDF On Cloud Computing In MSME
Why cloud computing is the gateway to industry 4.0 for Indian small businesses
Technology for MSMEs:
With Industry 4.0 taking a firm grip on global commerce, adaptation within the SME sector is not far behind. Enterprises are undergoing paradigm shifts in operations, employing new technologies, and as a result, how they are doing business. Cloud computation is one such means which is fast heralding the digitisation of industries the world over. Commonly employed in large organisations, SMEs also have joined the bandwagon by adopting the cloud technology which makes operations more mobile and accessible for a team. Not only does it win points on easy adaptability, but also on product versatility.
The three main cloud service offerings of Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), make operations extremely easy as all they need is internet access and are ready to be utilised across a range of mediums like laptops, smartphones, tablets etc.
Democratising Enterprises
Cloud technology has been a great equaliser in the accessibility of data. Now instead of offline storage kept under lock and key and access subject to availability of person storing data, it is available to all relevant stakeholders at any given point in time and at any place. SMEs are increasingly shifting to more and more features available on the cloud, from HRMS systems to CRM, accounting, salesforce automation and even design.
Other than simplifying collaboration and teamwork, cloud computation also economises operations for the often cash strapped SMEs by offering SaaS applications which are available to SMEs on the go and without any massive investment costs at their end. Moreover, these are highly customisable applications which can be modified as per one’s requirements, from the number of users to the features available, these applications can be maximised and upgraded along with the growing needs of the company. This allows an SME to turn its CAPEX into OPEX by paying nominal amounts for reaping the massive dividends of cloud technology.
Information Technology
All corporate, Insurance, Banks, Railways, Airlines, many Government to Citizen services like EB, Water bill, Property tax even religious places have adopted IT solutions to run their establishments better. But when it comes to IT, though India has created large pool of IT professionals, majority of them either directly or indirectly works for the developed countries like US, UK and Europe. Especially when it comes to SME (Small and Medium Enterprises) Manufacturing industries, the adoption of IT solution is very low. The main reason for this is “Cost and Complexity”
Complexity is addressed by Cloud Computing
When we talk about cloud computing, the first thing that crosses our mind is data security. Today many of the businesses uses G-Mail which is on cloud. All the data in our smart phones are stored in the cloud. Our banking operations are on Cloud. So it is important that we get the right perspective about cloud.
Many of the critical data are stored in the world class data centers like Amazon, IBM, Microsoft, Google. Software Technology Parks of India (STPI) has many data centers in India. These data centers are fully equipped with top of the line IT infrastructure like uninterrupted power and backup power, multiple Internet connections from different providers, precision air cooling systems, dust controlled server rooms, powerful servers, sophisticated network components, Data backup both in local and remote locations ( to protect data in case of any disaster) facilities, Antivirus and firewalls. Top of all these, such data centers will have well trained professionals round-the-clock to monitor the facility. They also have close monitoring and access controls to protect the data.
To cut the long story short, Small and medium enterprises will not be in a position to provide such a data security even in their own locations. So adopting for the Cloud solution will be wise decision for SMEs.
Over and above, the cloud solutions are used by large number of companies. So such IT solutions providers keep building the features to their product. SMEs can leverage their businesses by using such solutions. Also these companies have built on-line support system to provide quick resolutions in case of any difficulty. Also these IT solutions are affordable, one need to pay per user charge on a monthly and quarterly basis.
