SMALL BUSINESS GROWTH | 3 minute read
Although you’ve probably come across the term, you might still be wondering, “What exactly is ‘the Cloud’?” Simply put, the Cloud is a network that allows you to store and manage data, files, and software on 3rd party servers without the need to buy and maintain expensive hardware. For every business, utilizing Cloud-based technology equals lower operational costs, greater efficiency, and more streamlined workflows.
Download our latest guide to learn the key principles and benefits of Cloud Manufacturing today.
Cloud manufacturing takes the core tenet of Cloud technology – easy-to-use, online self-service software – and applies it to manufacturing services such as the ability to upload design specifications and centrally manage projects with state-of-the art prototyping features.
Cloud-based manufacturing eliminates the delays, errors, and frustrations common in the traditional email-and-wait experience – which explains why Cloud-based manufacturing platforms are seeing a sharp increase in adoption worldwide.
According to IDC, manufacturers’ global spending on Cloud computing platforms is predicted to reach $4.2 billion this year attaining a 23% growth rate in 2018, and increasing to $5.18 billion next year. What’s more, according to Statista, global spending on Cloud Enterprise Resource Planning (ERP) software is predicted to increase from $19.1 billion in 2017 to $28.8 billion in 2028.
In our latest eBook, we’ll take you through the key principles of Cloud manufacturing for small-to-medium-sized businesses (SMBs), and the benefits you can expect to see from moving your manufacturing processes online.
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