Business Challenges and Benefits 'with and without' Cloud Project Management
Organizations adopting the robust Cloud platform and tools have experienced more than 10% of growth compared to those without the tool. So, including the Cloud project management tools as part of your business strategy can help your business accelerate success and profits at minimal expenses.
Aberdeen Group in a recent survey has reported that organizations adopting the Cloud project management solutions have increased significantly.
Besides, the Cloud adoption is flourishing and it's time to embrace the next-gen solutions to put aside high costs associated with infrastructure and hardware for substantial profits.
Let's dive deep into details by comparing the advantages for businesses including the Cloud project management tools as part of their strategy and businesses that don't.
|Sl. No.||Challenges Without Cloud Project Management for Businesses||Benefits with Cloud Project Management for Businesses|
|1.||Unorganized project plans, resource allocations||Improved project plans, resource allocation|
|2.||Contention for limited resources||Utilize fullest potential of resources|
|3.||Inefficient use of project resources||Efficient project resource allocation|
|4.||Missing deadlines||Meeting deadlines|
|5.||Spare data management/Inaccurate project reporting||Meticulous project reporting/accurate data|
|6.||More room for manual errors||Fully automated with zero errors|
|7.||Changing project priorities||Streamlined project priorities|
|8.||Trouble in keeping track of costs, project deadlines||Simple to track costs, project deadlines|
|9.||Lack of defined project plans||Perfect and well planned projects|
|10.||Increased costs, smaller profits||Reduced costs, improved profits|
|11.||Delayed time to decision||Quick and smart decision making|
|12.||Difficulty in employee communication||Seamless, effective employee communication|
|13.||Low profit margins||High profits|
|14.||Unhappy customers||Highly satisfied customers|
These aren't the only challenges and benefits, practically there are many. But here I wanted to showcase only the top challenges and benefits that most enterprises experience.
Get your business up and running with state-of-the-art Cloud project management solution and accelerate your business growth.
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