Profits due to increase in Cloud take on?

Over the last couple of weeks we have noticed many Recruitment Software Companies announcing increases in revenue.

Whilst this is great news for the industry as a whole, we did a little research into the companies making such announcements. What we found backed up our thinking in terms of the future - Cloud Computing and Software-as-a-Service (SaaS).

We have been talking about Cloud Computing and SaaS on numerous discussions, blogs and communities, however the acceptance of SaaS based software is continually increasing and there are many reasons for this, and you will find that the benefits far outweigh the perceived challenges.

- It’s easy and inexpensive to get started with SaaS
- Cloud services generally have a lower Total Cost of Ownership (TCO)
- SaaS allows you to get a lot more from your IT department with little or no capital investment
- If the application isn’t successful, you can walk away without losing much
- You can implement new systems more rapidly, and you have access to outsourced expertise when you need it
- SaaS vendors invest heavily in the speed and security of their IT infrastructure

One of our recent projects involved completely relocating an SMB's IT function to the 'Cloud'. This included their front office recruitment database, CRM back office payroll and billing systems, document management and disaster recovery, Office applications and even email. This allowed them to do maintain a level of flexibility in terms of vendor agreements, but most importantly ensure their business remained operational regardless of their location (even via iPhone).

We believe the take-up of Cloud/SaaS applications and tools will continue to rise, and as a result workforce productivity will increase.