Search

Why is Cloud the New Found Love of SME CIOS?

4 February 2016 5 MIN READ

Cloud the New Found Love of SME CIOSThe SME industry in India is an interesting case. It employs a major chunk of the total workforce in India (40%), yet its contribution to the Indian GDP is meagre (17%). While this clearly indicates the challenges that this industry faces, it is also an indication towards the huge potential that it holds.

As SMEs struggle with challenges like international competition, stringent regulations, unskilled workforce, broken supply chains and more, experts view technology as a key enabler. With programs like Make in India and Digital India getting active, it is now time that SMEs shed their inhibitions and embrace technology with an open heart.

Now, this leads to the question that which technology is good for SMEs? Given the versatility of this industry both in terms of locations, business nature and production methods, it is hard to find one system that would fit all.

According to a report released by NASSOCM in association with Frost & Sullivan, SMEs need solutions that enable operational efficiency and enhance productivity through technology. Automation of processes though cloud based ERP softwares like SAP, tools that provide real time insights and enable faster decision making  could help the SMEs in reducing costs and scale their business well.

Per the report, lower investment costs and easy to adapt systems are the key drivers behind increasing adoption of Cloud based or SaaS systems amongst the SMEs. With ERP applications such as SAP Business One now available on Cloud, it has become feasible for SMEs to integrate all business processes into one system, rather than using different independent systems.

It is not just the cost, but also the flexibility of cloud based solutions that is driving the adoption of cloud based solutions in SMEs. The CIOs do not have to worry about data storage and security. With even enterprise applications available on cloud, CIOs can now cut cost and complexities associated with conventional technology solutions.

To top this, the freedom that cloud solutions offer like anytime where access, collaboration, analytics and real time alerts is what makes them a hit amongst IT managers and other business stake holders. Unlike the earlier notion, this technology is easier to adapt and use. It simplifies processes and usage across the board and that’s what makes it a hit amongst the SME CIOs.

About the author

Nidhi Batra

Nidhi Batra is a brand communication specialist at Uneecops. She is an active contributor to SAP Business One community and loves to write on smart and intelligent technology which is redefining business models such as SAP Business One, SAP Cloud, Tableau and Power BI. Having Master’s in English from Delhi University, she follows Gartner and spends her time reading avidly about Artificial Intelligence, SAP HANA, Cloud, DevOps, IoT, robotics and business automation.. Tweets at @nidhi_niya

Similar posts

Enterprise Resource Planning (ERP)

Streamline your business processes and improve productivity using our cutting edge ERP solutions & service offerings custom built for small and medium enterprises.

Industry Solutions

  • Industry-specific solutions to help your business run better. From Pharma, F&B to Retail and more, we have a solution that caters to your industry.
  • LEARN MORE

Add-Ons

  • Custom designed and quality certified 12+ Add-Ons for SAP Business One that help you solve unique business challenges with ease
  • LEARN MORE

Web & Mobility (E-Governance Solutions)

Our e-Governance solutions enable the government to reduce operational complexities and help citizens, businesses & government bodies to leverage technology to access public services with ease.

E-Governance Services

Our Portfolio

  • Browse through our portfolio of e-Governance services and move to digitally smart governance with Uneecops.
  • VIEW PORTFOLIO

CTRL-A

  • Educational ERP with enterprise-grade functionality designed specifically for educational institutes, colleges and universities.
  • LEARN MORE

Technology

  • Drive rapid digital transformation across your Government departments and agencies with established and next-gen technologies.
  • LEARN MORE

Our Products

Our products portfolio comprises of business automation software’ that helps you focus on high-value tasks and improves organizational efficiency by automating repetitive human tasks, process workflows, data capture & decision making.

HR-One

  • India's most popular HR automation software for managing the entire employee lifecycle from hire to retire. Trusted by 300+ companies across 18 industry verticals.

CTRL-A

  • A complete end-to-end Campus Management Software which automates various aspects and functions of educational institutes, colleges and universities.

Plus+

  • High-quality SAP certified industry-specific Add-Ons designed to integrate seamlessly with SAP Business One and cater your unique business needs.

Analytics

Get actionable business insights with our cutting edge BI products & consulting services. Make informed decisions and improve business efficiency with real-time analytics.

BI Services

  • End-to-end business intelligence services ranging from BI consulting, Data Visualization to Dashboarding & more that help you make informed business decisions.
  • LEARN MORE

Dashboard Services

Our Work

  • Browse through our portfolio of BI clients and know how we are offering strategic value to them with our assortment of BI services.
  • LEARN MORE