Cloud-Based/SaaS: The New Standard in Software
In the 2016 State of the Cloud report, Right Scale reveals that 93 percent of companies are using some type of software as a service within their business. Software is one of the leading platforms for this growth, and systems like this are already positioned to fit well in ecosystems that already have cloud applications, still work with internal, legacy applications, or are faced with varying API capabilities/integrations. Even as the first of its kind, SaaS human capital management (HMC) systems have become a starting point for new ventures into cloud computing and networking.
Some key benefits and advantages include:
Cloud-based applications can be updated instantaneously as needed, making sure that users always have the most recent fixes, enhancements and new features to the program. This is in contrast to traditional provisioning of applications that take months to deploy while updates require another full-scale rollout.
Cloud architecture was primarily developed to be high performing and easy to deploy, with the utmost in reliability and speed. Cloud-based programs also facilitate and encourage collaboration between departments and employees. For example, working with an easily accessible cloud-based HRIS platform allows HR team members to more freely engage with the data in real-time and collaborate on projects with managers in entirely separate areas of the company, allowing for a more efficient approach.
- Reduced Cost
Software-as-a-service cloud solutions remove all of the operational complexity related to deploying an on-premises application. As a result, internal IT operations teams run much more efficiently and can focus on core competency applications while maintaining enterprise-class functionality.
Just as important, is the significant reduction in upgrade costs. Since software-as-a-service applications are built for adaptability, major release upgrades do not require a multi-million dollar spend.
A cloud-based program goes beyond any set of backups for its ability to secure data and minimize any risks related to corruption or theft. A single computer, device, or server cannot be the only piece of equipment to hold sensitive information, leaving it vulnerable in case of accident or theft. Users can access whatever they need without being wholly accountable for it.
Cyberattacks are a reality in this digital age. Service provider environments, as well as on-premises environments, have all had to adjust and improve their security measures. However, many reports have found the cloud to be more secure overall, especially compared to traditional IT systems. On-premises environment users experience more than twice the attacks that service providers do, most of which present more brute force. Cloud-infrastructure has also focused, more than a single enterprise could, on reinforcing protections for and defending their systems.
- Seamless Growth
Cloud-based software programs facilitate access from anywhere at any time, allowing users to log in and work with the service as needed. Changes are saved instantaneously and synced across the platform. This full integration and complete connectivity allows the business to grow at whatever rate it can, fully supported by a network that can keep up.
This flexibility is also due to the reduced infrastructure and IT involvement that is required with a cloud-based, SaaS application. For an HCM system, the improved support and more rapid enhancements allow for what used to be a daunting task to be conducted by whichever teams of managers and administrators are needed, with the inherent structure already provided.
In a workforce that has become more globalized, organizations must look closely at the way they manage the people they are working with from far-off destinations around the world. The same traditional approaches won’t work for HCM systems any more than they will for talent acquisition, restructuring roles, or onboarding processes.
Technology to Take into the Future
Compared to hosted software-as-a-service, native cloud-based software is designed to take advantage of modern structures such as multi-tenancy, rapid elasticity, and open APIs. Bringing with it added speed, increased security, and the ability to grow the organization without holding it back, native cloud-based software is the technology of the future made possible in the present.
Looking for more information about working with the native cloud-based design of a flexible HCM system? SyncHR has the solutions for transforming your company’s approach to human capital management in the modern era; contact SyncHR soon to learn more about what that could mean for your organization!
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John is responsible for SyncHR’s product, engineering, and system operations teams. He is focused on streamlining the business processes related to HCM and finance by distributing SyncHR to all members of the workforce and by using patented security and workflow to control these developments. John is also responsible for delivering SyncHR as a cloud based application with “extreme ratio” financial metrics.
He has a background in engineering, workplace applications, and business administration, bringing over 25 years of experience deploying strategic HCM applications. Prior to co-founding SyncHR, John was the CEO of Harbor Technologies, since acquired by Mellon Financial Corporation. Previous to Harbor Technology Group, he spent an internship with the Swiss Bank Corporation in their derivatives pricing and trading group and also worked as a senior manager for the US Navy. John received his Bachelor of Science degree in Electrical Engineering from the University of California at Santa Barbara, and his Master of Business Administration from the Haas School of Business at the University of California at Berkeley.