Back in January, 2020 was already being hailed as the year the majority of workloads move to the cloud. Fast-forward to September and flexible working has swiftly become the new norm - and is powered by cloud software. Here's our round-up of the top 9 cloud benefits you and your rental business can't live without in 2020.
1. Automatic updates
Say goodbye to manual upgrades, and hello to automatic updates! Working with software in the cloud ensures your system is always up-to-date. With a low maintenance software solution, save yourself time and keep your rental software secure with hassle-free updates which are rolled out periodically!
2. Increased collaboration
The ability to work in real-time, means that multiple people can work from one centralised system together, improving efficiency and production, bringing your most diverse and distributed teams together. Cloud software enables your employees to seamlessly interact with each other, which in turn drives engagement across your business.
3. Instant access, anywhere
Being able to instantly access your rental management system on the go is now a requirement for rental businesses and teams across the globe. Whether you're in the office or out on the road, cloud solutions enable you instant access to your rental data on any device, at any time - helping you secure more jobs from anywhere!
4. Regular data backups
Because your data is stored in the cloud, it can be accessed no matter what happens to your machine. Plus, the data backups are automatic and regular - meaning the risk of losing your data is eliminated and you can easily restore any historical records when needed.
5. No servers to maintain
Moving your on-premise solution to the cloud, or implementing SaaS (Software-as-a-Service) eliminates the challenges associated with on-site equipment. It's often the case that your software provider will be able to look after your data more securely than you would likely be able to, owing to the time constraints of running your busy rental business. Plus, there's no huge cost behind it either!
6. High security and protection
Extra security and protection for your business - what's not to love? It's reported that 94% of businesses saw an improvement in security after moving into the cloud.
7. Data is in real-time
Update your team with real-time data and capture a live picture of your business performance - enabling better decision making and improved communication.
8. Monthly subscription
Flexible, affordable pricing makes it easy for you to manage your costs, and drive productivity. Software-as-a-service solutions follow a model we're all very familiar with, and offer scalability at an accessible price point. The same benefits apply even if you're moving your existing system over to a cloud environment.
9. One sustainable solution
Finally, remove the need for manual, paper-based processes as hosting on the cloud is more environmentally friendly and results in less of a carbon footprint. Cloud infrastructures supports a circular economy approach to rental, as well as improving energy efficiency.