Software As A Service Managing Risk And Business Efficiency

We all want our businesses to be efficient andobjections.
lean. Software as a service is an ever growingI dont want my data to be overseas or
business solution that enables small, medium andsomewhere that I cannot touch it
large companies to take advantage of enterpriseA bold enough truth, but how relevant is that
class applications in a controlled way. Software asthought process when we consider online-banking,
a service allows companies to tightly manage risk,online tax office information, online medical
gain business efficiency and at the same timeinformation. These are all examples in everyday
leave itself open to choices as their companylife where we do not know where the data is, but
grows.accept that under the right circumstances it is
If you have read the newspapers lately they areprotected on our behalf. The same concept
full of various plays on the words tough times,applies to your business data. Most online vendors
inspiring companies to re-evaluate costs andhave strict compliance they have to follow;
business efficiency. It is fair to say that thisguidelines that most businesses can choose to
process of review and risk has been going on forignore when their servers are left in the office, or
many years, and that for astute business this is ain the shed out the back.
never ending process.On the other side of the equation, software as a
After all, making decisions about capital and humanservice allows us to buy into all of the security,
resource costs when looking at new informationhardware and software that the online vendor
technology projects can turn the process less intohas to supply as part of their overall compliance
product evaluation, and more about carefullyat a fraction of the price we would have to pay
defined business risk. Everyone wants aourselves. It no longer becomes necessary to
guarantee, but not at any price.invest thousands of dollars in hardware, security
So that is the paradigm. How do I move forwardand software. You reduce your exposure to
with my business IT solutions without taking thefailure to just about zero.
risk of an expensive failure? Assessing the costSoftware as a service allows your business to
of licensing which is often not refundable, the costmove slowly, and with grace into new IT
of hardware which is basically worthless out ofsolutions, providing an instant get of trouble play.
the box, and computing the cost of humanUsing small teams, and defining system
resources, all compounds risk. To coin a phraserequirements, choose your software as a service
failure is not an option.vendor based on customer service, and flexible
This is where software projects can end up lessintegration abilities.
as a shining example of strategic merit, and moreIn summary, to improve an overall cost of
a case of we have come too far for this to failownership, eliminating the need to invest in
now.expensive licensing, hardware and consulting
So let us take a look at the risk benefits that canservice, means company decision makers like you
be derived by software as a service or hostednow have a "get out free" card to play.
solutions, and consider at least one of the key