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What is Cloud Software?

RESOURCES > GLOSSARY

Cloud Software Definition

Cloud software provides users on-demand access to a variety of computing services (e.g., applications, data storage, processing power, networking) via the internet. These computing resources are maintained in remote servers that are devoted to hosting a variety of applications across a variety of platforms.

Source: https://www.acumatica.com

FAQs

What are the benefits to businesses using cloud software?

Benefits of using cloud software include:

  • Decreased total cost of ownership (TCO): Eliminates infrastructure-related expenses, IT resources, and expenditures for hardware, software, virtual private networks (VPNs), and other related tools.
  • Enhanced communication and teamwork: Enables dispersed teams to easily connect and collaborate in real time from anywhere in the world
  • Disaster recovery: Because data is stored in the cloud, businesses are less impacted by system failures
  • Scalability: Enables businesses to easily add more users or functionality as they continue to grow and processes evolve
  • Automatic updates: Continual enhancements and updates are provided by the cloud software provider thus saving businesses time and money

*Source: https://www.ringcentral.com

What are the 3 common reasons to use the cloud?
  1. Enables fast deployment
  2. Automatic software updates and enhancements are performed by the cloud service provider
  3. Reduces an organization’s total cost of ownership (TCO)

*Source: https://www.globaldots.com

How does cloud software work?

Cloud computing enables clients to access data and applications over the internet from remote physical servers, databases and computers.

*Source: https://www.techtarget.com

How Cloud Solutions Accelerate Return on Investment (ROI)

Read how cloud software systems like cloud PLM and QMS can help companies esign, produce, and deliver high-quality products in this global economy.

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