Supply chains have undergone drastic changes with the proliferation of technologies and global networks. They need Business Intelligence (BI) tools to stay ahead and compete on accuracy, speed, and quality.Thisis not possible with legacy enterprise resource planning and supply chain management systems. Cloud-based technologies,however, enable manufacturers to look beyond the constraints of legacy ERP and SCM systems.
Why cloud services?
Traditional BI need huge capital investments and lot of time to build up the infrastructure. Cloud works on subscription model which is meagre investment staggered across months. The cloud-based systems are constantly updated for the latest technology and features. Moreover services such as the dashDB cloud data warehouse and the Cloudant NoSQL data layer can be used in conjunction with existing on-premises systems.
Some benefits of the cloud data services
- Employees can work from anywhere
Online storage data bridges the gaps between geographies employees can work from anywhere and access the necessary documents or information via the internet.It helps manage workflow, onboard new consultants and new clients, and enables to work efficiently with a small team, despite a large geographic area of an organization
- No server maintenance
One of the benefits of cloud services is that with Dropbox facility there is no need to hire IT staff or retain consultants for the maintenance of a server. Online data storage makes shifting or setup of a new office easy.
- Cheap and secure data
Managing servers in-house are expensive Cloud service savesmoney on hardware and maintenance costs. Moreover, company doesn’t have to worry about data loss in a case of natural disaster.
Cloud provides testing facility
dashDB service enables developers to test new code without disrupting on-premises operations. As dashDB is compatible with Oracle, DB2, Netezza and PostgreSQL, code developed and tested on dashDB will run well on premises, as well. When used in conjunction with the PureData System for analyticsdashDB cloud data warehouse can also serve as a port of entry to new data sources
How supply chains benefit from Cloud service?
- Delivery of facts, figures, and insights at a faster pace: Timely actionable insights play a critical role in managing a mobile and dispersed workforce across the globe. As a result of harnessing the power of multiple, fast, cloud-based servers cloud analytics works on demand. This enables firms to understand activities of their employees and re-orient them regardless of their location.
- Dashboard Availability— The availability of dashboards on smartphone, laptop, desktop computer, tablet, or any other internet capable device enables access to company activities at a glance. This enables employees to detect problems sooner, and take action remedial measures at a faster pace. And second, the dashboard saves time in interpreting old reports as all the critical and relevant information that they need is right in front of them.
Cloud Data Services can not only bring new value, but also complement and extended life of your data warehouse. You can, not only extend your data warehouse into the cloud but focus on more core areas of the organization rather than managing new data warehouse infrastructure.With the ever-increasing amount of information cloud analytics and cloud storage is no longer a matter of why and when but has almost become a necessity for businesses.