Technology for MSMEs: The benefits that Cloud Service Providers (CSP) claimed around reduced workforce for support and reduced hardware/software resource requirements has suddenly become the most needed capabilities.
Technology for MSMEs: Covid-19 pandemic has been a wake-up call for many organizations and communities as it exposed how prepared or unprepared they were from a business continuity standpoint. Remote working and remote access has now become the new normal. The benefits that Cloud Service Providers (CSP) claimed around reduced workforce for support and reduced hardware/software resource requirements suddenly became most needed capabilities and thereby powerful value propositions for the cloud. In addition, the world is realizing that many of the facilities and services available online are made possible by the cloud. These include productivity and collaboration software products, games, enterprise business applications etc. where cloud-based capabilities play a vital role. Cloud computing is playing its share in enabling much-needed virtualization to support citizens and organizations during this pandemic where lockdowns and social distancing are being enforced in most parts of the world.
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Demand for services that are better suited for the cloud has seen a big surge. These can be broadly termed into three distinct categories. First, Respond – Immediate reaction to the disruption of business continuity. Second, Recover – Medium-term where it is ‘business as usual’ and ensuring that business applications are functioning with needed features being built and introduced continuously and third, Thrive – Long term sustainability and optimization of business operations.
Source: Financial Express