This is the fifth and final post in our five-part series (sad face). We’ve previously looked at how dashboards can provide easy information access to your team members based on their specific roles, how self-service BI reporting can lighten the load on IT resources, how to make BI more mobile, and how Big Data is doing big things for small and mid-sized businesses.
Today, we’ll finish with a bang by taking a closer look at the Cloud.
We already discussed the importance of businesses being mobile-ready. And it is no secret that having easy access to your information from anywhere anytime is of vital importance. On-premise business intelligence systems are still the main approach, taken up by companies but the demand for web-based and web-accessible BI is on the rise.
Needless to say, there are many benefits of choosing the cloud but you need to be aware of some factors like data security, storage needs and ROI (return on investment). Furthermore, should you choose to have a cloud-based business solution, it would be best to refer to our consultants, as they will provide with professional opinion as to what would best suit your business needs.
But, let’s talk to the point and give you an example of some of the benefits of the cloud. Suppose you are a start-up company that has limited capital resources. When you choose to take your business to the cloud you will not need to worry about:
- Software licensing costs
- Infrastructure requirements (servers, for example)
- Having an IT-dedicated department
Overall, it is third parties that are doing the hard work, letting you focus on what is important to you – growing your business.
There is so much choice when it comes to the Cloud. You can either decide to go all in and move your entire solution to the cloud (BI, financial management, and productivity tools) or you may want to take up the hybrid approach where only a portion of your solution is in the cloud.
We hope you enjoyed our 5-part series on how MS Dynamics NAV can help you move your business forward. As always, comments are welcome. If you think that someone else might benefit from reading this short blog post, please share 🙂
NavTech Group 