Generally speaking, the _______ the risk, the _______ the potential return or loss
2 answers:
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This is a great move for the Pharmaceutical company for a number of reasons.
- The first and perhaps most important advantage is to the company is that costs relating to Information and Technology (IT) Infrastructure will be reduced to the barest minimum. As a start-up, it is important to keep costs as low as possible. Costs are kept low because the organization will not need to pay the added energy and personnel-related costs of maintaining an elaborate IT infrastructure.
- The advantage of scalability. Scalability in this sense simply means the ability to take on additional workload or adjust to market demand. As the company grows and attracts more clients, it would need to expand beyond the capacity that it had at the onset. Opting for Cloud as a Service (CaaS) gives them this advantage.
- Another way CaaS can help the client is that they enjoy the advantage of Business Continuity. Business Continuity is the ability to remain in business regardless of disruptions to the business itself at one location. This is because CaaS providers are structured in such a way that they are able to keep their subscribers in operation regardless of any disasters.
Other advantages to this client are:
- Ease and access of automatic updates to the system;
- Ease of collaboration between internal and external users of the same system.
Learn more about the merits of Cloud as a Service here:
