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Moving to the Cloud – Show me the Money

May 22, 2019 / Evolve IP

To help explain the value of migrating your business technology to the cloud, we’ve rounded up several cost savings you can gain from making this move.

In 1996’s Jerry Maguire, the title character often said, “Show me the money.” Business leaders say it even more regularly to employees looking to institute changes at the organization. To help explain the value of migrating your business technology to the cloud, we’ve rounded up several cost savings you can gain from this evolution.

 

What the cloud offers

More and more businesses today are taking advantage of cloud computing to grow their technological capabilities without significant expense. Combining IP telephony, messaging, instant messaging, presence, and conferencing with other collaborative applications and services, cloud communications also enable streamlined real-time collaboration anytime, anywhere, and on any device.

Companies that migrate to the cloud typically benefit from:

  • Capital and space savings
  • Flexibility and agility
  • Ability to access apps where and when they need (on- or off-premises)
  • Ease of scaling up or down
  • Higher productivity
  • Improved security

 

How the cloud offers cost savings

Setting up new communication or computing system for your business typically requires a substantial upfront investment. You may need to foot the bill for:

  • PBX equipment
  • Software licenses
  • Routers
  • Networking
  • SIP setup
  • Number porting

Yet a cloud-based solution has a low implementation cost as it doesn’t have the same hardware and software needs. At the same time, your company can reap cost savings from the unified aspect of the cloud-based solution. Instead of paying many fees to different service providers, you’re bringing all your communication and collaboration technology into one platform you need only pay for once.

Key Findings of the Evolve IP 2018 Cloud Adoption Survey

Take a short expedition through these key findings, intertwined with unique comics, to bring a smile to your face as you learn about the latest cloud adoption trends.

With a PBX or SIP trunking option, after implementation, your business would typically continue to pay for license upgrades, maintaining hardware, technical support, and troubleshooting. These costs are seldom consistent month to month, which can make budget planning more difficult too. On the other hand, a hosted cloud-based solution sees you paying a single, set fee for all maintenance and support on a predetermined (usually monthly basis).

Also, without having to sign on for multi-year contracts, you can see cost savings in your ability to scale up and down as needed. Without having to purchase new hardware when more workers join the firm, you can pay only for the seats or licenses you need as needed. Plus, cloud-based communications solutions typically come with call control, call management, call training, and analytics features bundled in the monthly fee.

Further cost savings can be found in the reduction of costs associated with supporting, maintaining, and securing the network. Your in-demand IT experts will be able to focus their efforts on innovation and revenue-generating activities while your cloud solution partner keeps your company current and secure as part of their roles and responsibilities.

The simplification of cloud solution cost tracking can provide further cost savings too as your finance people are freed up for other tasks.

 

Key Takeaway

Put simply, your cost savings opportunities include:

  • Consistent cost tracking
  • Pay only for the capacity your business needs
  • Scale up or down to accommodate seasonal or growth spikes
  • Free employees up for more business-generating tasks

Transition to the cloud to gain cost savings and a more efficient and effective communication and collaboration environment. Evolve IP provides a unified option for cloud services. Migrate all or select IT technologies to our award-winning cloud platform. Learn more today!

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