The Business APAC Cloud Disruptors of 2019 Final File_Cloud | Page 37

can easily pull up their information and pick up where they last left off. The easy management of their project allows the organization an opportunity to build a relationship with the client. Ÿ Easy customization of the cloud system Every construction company uses a different strategy to perform its business operations. The construction companies can make personalized data storage and management system according to their business goals. Therefore, cloud management provides the construction companies with all the services required for managing their tasks. As a result, companies can focus on their core business operations without having to worry about managing their IT infrastructure. Ÿ such as hard disk, paper-files. However, these storage devices may get damage, theft, and may become corrupted; as a result, the data can be lost. But, with cloud storage, data is secure and accessible from anywhere. The cloud storage space allows employees to back up their data and sync all of the data with the other devices. The organization can use public or hybrid cloud storage for saving all their data. It is also possible to shift data from one cloud storage to another. While this increases cloud storage costs, but it is still cheaper than maintaining the data locally on physical drives or files. Ÿ As a small construction company, it can be difficult to compete with the construction giants. The cloud provides a competitive edge to the small construction companies. The technology of cloud computing gives the chance to be on an enterprise level of data storage, management, access and recovery at a fraction of the cost that enterprises are spending. The small companies use strategy and utilize the cloud which is suitable to them. Furthermore, the cloud pay-per-use feature allows small companies to pay for the services and resources they use. The cloud services which are provided to the larger construction companies are the same services given to small companies. This enables a healthy competition between the small and large firms. Faster processing of data stored in the cloud Typically, the area of the construction site is huge. To construct any building, the civil engineers need to plan, design and oversee construction as well as provide maintenance for it. Then, the engineers gather lots of data for processing which is time-consuming and the result of the processed data may get delayed to reach with others. To overcome this problem, the cloud-based system uses various algorithms for fast processing. With all their data stored in the cloud, the system can perform faster data processing as well as make the data available for real-time. Ÿ Conclusion: The construction industry has slowly started awakening to the cloud computing movement. Besides that, construction has a lot of tools at its disposal to make their projects run more efficiently. With cloud-based software, they can take hours or even days off their process and complete their work quickly to focus on the next project. Moreover, cloud technology aids the organization to reduce costs, match competition, remain flexible, build up client relationships and completely customize their data without extra complication. The future of the construction industry can change further when they started using cloud powered by Artificial Intelligence (AI) and Machine Learning (ML) technology. Strengthening bonds with Client Since the construction companies always collaborate with other agencies to get services and products. Therefore, utilizing the cloud saves lots of time from emailing attachments back and forth. Along with that, the cloud allows companies to store and access all information about a client’s project whenever they need. While communicating with a client, the construction companies businessapac.com Providing Competitive Edge to Small Companies 37 April 2019