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Cloud computing: Why it matters to your construction business

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It's not surprising why cloud computing is having such a tremendous impact on construction businesses of all sizes. The cloud provides a competitive advantage to companies that use it to reach different markets, gain easy access to information and house data in a secure environment, all without the overhead of on-premise technologies. With the cloud, construction organizations with limited resources can think big.

The pace of cloud adoption is accelerating, as companies race to maintain always on access in the face of disruptions to power or Internet access. Yet for all the talk around "the cloud," the reality behind the image is quite mundane. The cloud is simply racks of servers, hardware and software. The big difference is what those banks of hardware and software actually do:

  • Enable companies to tap into information technology (IT) services provided by third parties
  • Manage e-commerce, websites, sales processes, order processing, fulfillment and cash
  • Utilize the latest iterations of the programs they use without the worry of whether and how to install upgrades

But in addition to all the benefits of moving operations to the cloud, there are significant regulatory, security and privacy risks to consider. A construction organization considering a transition to the cloud should undergo an analysis to determine the true costs of an appropriate solution and whether the benefits outweigh the risks.

To make the move to the cloud, management needs to think carefully about the vendors and advisors who can help make that happen. The path can be complex and varies based on current operations, IT infrastructure, strategy and human capital. Construction companies will be best served by collaborators who assess the total business situation and give straightforward advice.

Read our white paper, Cloud computing: Why it matters to your business, for a closer look at what it takes to move your business into the cloud.