90 percent of all sales and marketing teams are putting a lot of emphasis on cloud based business intelligence. The logic behind this is that this cloud technology is vital to strategy management. This explains why cloud technology has been adopted massively over the past few years or so we would assume. Many business, particularly the small and medium sized organizations are lagging behind to date.
What could be the reason for this? Is it that it is hard to reliable cloud hosting providers or it is just too costly to adopt this technology? This article explores three major barriers to the adoption of cloud business intelligence technology:
1. Economic value
As surprising and impossible as this might sound, there are some businesses that have not seen the economic value of using managed cloud hosting and other cloud services. They have not been exposed the benefits of this technology yet. Cloud technology can be expensive particularly for startup. What is the return on such an investment? Such would be the questions that they would ask. This challenge has seen service providers develop plans to try to suit the business needs of their clients.
2. Political issues
Cloud technology does not know any political boundaries. You can access data in South Africa while someone in Australia is accessing data stored in a Germany. There are not political boundaries to the data and that is a major source of problems for some organisations. Different privacy rules and regulations exist in different locations. Cloud hosting providers have put in effort to ensure that their clients are able to use this technology while at the same time complying with the legal aspect of data access and use.
3. Security and privacy
The biggest saved for last- security and privacy are such a problem for business when it comes to data. Data is valuable asset and you can sell it to make money. While some business owners do not know that, cyber terrorists do! Once upon a time hacking had reduced cloud security and privacy to nothing but a rumor.
However the cloud service providers came in with stronger security features and accessibility regulations. Now it is easy to access the data as the owner but also very easy to restrict the access to other people. It has taken many business owners some time to understand how this dynamic works and thus they are very cautious when procuring these services. Managed cloud hosting has brought in the aspect of improved security and privacy.
It is worth being cautious when it comes to technology adoption. There is technology that may not work for your business and even if it works it needs to be customized to meet some of your business needs. Cloudcone is one of the leading providers of cloud hosting services. Consulting such experts will not only help in understanding the world of cloud computing but also help you decide on the best technology that will meet the needs of your business. With cloud business intelligence you can grow your business pretty fast.