According to findings published in a recent report looking at the future of cloud computing, 83 per cent of enterprise workloads will be in the cloud by 2020 ¹. Coupled with technology heavyweights like Microsoft aggressively upping their Cloud ante (Microsoft announced Dynamics products and cloud services revenue increased 13 per cent, driven by Dynamics 365 revenue growth of 69 per cent, in its FY18 Q1 Earnings Release ²). it’s clear that cloud migrations will be a la mode heading into 2018.
So, why are a growing number of businesses considering migrating their systems to the cloud? What are the opportunities for your business?
Before Software as a Service (SaaS), when a business purchased a new system it was implemented ‘on premise’ – installed and configured locally on the organisation’s own servers. This is still an option favoured by many businesses today, and one that most vendors still support. But fast forward to 2018 and the digital revolution – and the convenience that comes with it – is well underway. You only have to look at changes in consumer habits, the emergence of services like Netflix and Spotify, to appreciate the benefits cloud technology can offer.
“With SaaS, implementations take hours instead of weeks – meaning you can start deriving immediate value from your new DMS.”
When it comes to DMS, embracing cloud can yield significant cost savings, with the total cost of ownership much lower compared to equivalent on premise contracts. The reason for this is that with a SaaS contract there is no up-front cost to the business. Instead there is a fixed monthly subscription, which also makes budgeting far simpler. There is also no need to invest in costly hardware or infrastructure and new version releases and upgrades happen automatically, with zero downtime and no additional cost. It’s also worth noting that storage isn’t restricted, and systems won’t slow down as your organisation’s data assets increase. With SaaS, implementations take hours instead of weeks – meaning you can start deriving immediate value from your new DMS.
SaaS is also helping to level the playing field for smaller businesses. Functionality that once required significant upfront and ongoing investment – and was therefore only utilised by enterprise organisations – is now available to SMBs.
With SaaS, law firms of all sizes can wave goodbye to wrestling with their in-house, ad-hoc and often Outlook-based document management solutions and start benefiting from intuitive, feature-rich and cost effective DMS applications.
Want to find out more about Contentworker’s SaaS offering? Check out our customer case study.
Want to speak to someone about whether SaaS is the right fit for your legal business?
Give us a call: +46 706 377 449, or send us an email.