Put it in the Cloud

I was recently in Washington DC for a channel partner show. There were several data companies there, providers, agents like myself. There were some underlining themes to the show.

The development of Software as a service (SaaS) is a leading technology to offer. Data is moving into the cloud (meaning it is moving to the Internet and to hosted servers that are encrypted and redundant across the globe)

Also businesses are moving away from cap ex and leaning towards opex. They no longer can afford capital expenditures but will more likely purchase services on monthly terms that can be accounted for as operational expenses. This also lends itself to a tax benefit. Companies must retain their cash yet invest in technology and this is the common thread.

There are many providers that host services such as data backup, VOIP phone systems to replace on premise PBX phone systems and even IT support.

If you are not moving services to the cloud, you are becoming a dinosaur!

Welcome to the future.

Mike