Cloud-based project management software has become instrumental in providing a way for businesses to successfully operate. These automated tools have been designed to make it easier for people to complete their tasks, as well as managing and tracking the progress of them.
Traditionally, project management software was installed on a company’s own servers. This made it difficult for employees to access the tools they needed when they were not in the office. Cloud-based project management software changes all that by allowing workers to access their tools from anywhere, at any time.
This means that employees are able to work from home or a coffee shop if necessary and still be able to get their full workload done. They are also able to avoid the pressures of the office environment, which can be very stressful for some people.
Cloud-based project management software is also less expensive for companies than installing their own servers and software packages. This can save companies thousands of dollars annually on hardware maintenance costs, electricity bills and IT support staff salaries.
Important Points to Consider
Scalability - As already mentioned, the scalability of cloud-based project management software is a huge advantage. If you need to manage only a few projects a year, you can choose a solution that will be affordable. When your projects increase, you can scale up your solution with the click of a button.
Cost - As we also mentioned, the cost of cloud-based project management software is usually lower than on-premises solutions. This is because cloud-based companies use the same high-end servers that other cloud apps use, but they charge less because they can spread the cost across a larger customer base.
Security - Data security is a top concern for companies of all sizes. Many are turning to cloud-based project management software because it’s more secure than on-premises solutions. Cloud-based software can utilize security best practices, such as mandatory two-factor authentication and data encryption.
Availability - Additionally, cloud-based project management software provides greater uptime. You’re unlikely to experience any downtime due to maintenance or a server crash.
Key Advantages of a Cloud-based Project Management Solution
A cloud-based project management software is the best solution for any business that wants to manage their projects in a more efficient way. Cloud-based project management solutions have a lot of advantages over traditional on-premise solutions. They are cost effective, scalable and secure.
Traditional on-premise project management software is not as scalable as cloud-based solutions. For example, if a single project manager has to manage tens of projects, the on-premise solution will be too hard to manage. On the other hand, cloud-based project management software can handle multiple projects simultaneously without any difficulties. It also saves time because they allow users to access the tool from anywhere with an internet connection.
The cost of ownership (PO) for cloud-based project management software is also lower than on-premise tools. The need for on-premise project management software will continue to grow in the future. There are many reasons why organizations choose to use on-premises solutions because they offer better cost control and performance monitoring. They are more secure and reliable, but they don't provide the flexibility of cloud-based solutions that can be accessed from anywhere with an internet connection.