The growing trend in the software industry for the past few years has shown progress from on-premise licensed software into cloud-based project management software. The global online project management software exchange is even foreseen to improve at a CAGR of 9.4 . But what makes it grow this fast?
Here are a few of the advantages that cloud-based software has to offer to its clients.
One of the most common benefits that all cloud-based project management software share is its low costs. Most cloud services are often priced based on subscription, so the initial costs are usually less than what companies have to pay for the entire license. By subscribing to their service, companies can avoid purchasing expensive infrastructures to manage the system.
Low maintenance requirement
Companies have access to enterprise-level features without acquiring earlier versions of the software just to get the other features that they need. It also minimizes the time spent on checking system requirements and installing updates as well.
Most cloud project management software applications offer reliable security measures using servers with built-in failure recovery. So, if anything happens such as accidentally downloading a virus or losing the entire office to a natural calamity, you can get back to being productive without any worries since all the essential information is safely stored in the cloud. You can also remotely change your password by logging in to your online account as well.
Cloud-based project management solutions provide reliability and offer great solutions to your business. That’s why it’s essential to work with a company who can provide you with lightning-fast cloud access without putting your information at risk. You should also choose a company who can provide you with business intelligence tools that are easy enough to be used daily.