Here at Gotransverse, we’re dedicated to helping customers turn billing into a competitive advantage, and that means promoting agile, secure and transparent back-office processes that work in harmony with every system our clients have in place.

As a result, we spend a lot of time in the cloud. Our own platform is cloud-based, as are our integration partners’ and, of course, our clients’, so we’re well-versed in the many benefits of cloud-based systems and platforms, and we’ve seen firsthand how they help our clients maximize revenue, minimize headaches and optimize customer relationships.

Benefits of Cloud-Based Infrastructure

As opposed to traditional, hardware-based systems, cloud-based platforms have several distinct advantages. Let’s take a look at a few.

1. No Hardware Costs

On-premise systems require significant investments in hardware and software maintenance — along with the personnel to manage the systems. Cloud infrastructure, on the other hand, offers a much more cash-friendly model, with minimal personnel requirements and updates, enhancements, maintenance and more include with your pay-as-you-go subscription. So when businesses migrate their systems to the cloud, they can reallocate significant time and resources to core business operations instead of hardware maintenance.

2. Scalability and Cost to Serve

Native cloud-based systems are much easier to scale than hardware-based systems, as they allow businesses to add or remove capacity on demand based on fluctuating needs. In contrast, on-premise systems require users to purchase additional hardware (in large quantities) to increase capacity. With cloud-based systems, you pay for only what you use, so you don’t have to think twice about using as much as you need.

3. Agility

The added scalability and cost savings mean businesses can move faster. There are fewer logistics to manage or costs to consider when it’s time to grow or add or change features. Cloud-based development and migration make a wide range of resources and tools available that enable the rapid evolution businesses need to stay ahead.

4. Security & Resilience

When you’re working with customer data, it’s critical to keep that data secure so you can be sure it remains both safe and intact. While the question of cloud security has raised a good deal of concern, the reality is that cloud-based infrastructure makes better security measures available than most businesses can afford on their own. (Even the CIA has invested $600 million in cloud services!) And the same goes for disaster recovery, as cloud data centers’ built-in redundancies mean if a server ever goes down, another one comes up to take its place.

The Future of the Cloud

Cloud migration has been on the rise as businesses have embraced the many advantages of cloud-first development and cloud-based service vendors. And the trend isn’t not slowing down anytime soon, with Gartner predicting that, by 2025, "80% of enterprises will migrate entirely away from on-premises data centers with the current trend of moving workloads to colocation, hosting and the cloud leading them to shut down their traditional data center." They’ve also said that, by 2020, anything other than a cloud-only strategy for new IT initiatives will require justification at more than 30% of large-enterprise organizations."

As cloud computing transitions from an IT disruptor to a highly respected and widely used business practice, companies working with cloud-based rather than on-premises solutions will continue to reap the rewards in their processes, customer relationships and bottom line.

If your business is ready to take the next step to agility and rapid growth, we’d love to talk with you about Gotransverse’s cloud-based intelligent billing solution. We invite you to take a tour of our platform and call us to schedule your complimentary, personalized demo.