Benefits of bringing asset management to the cloud

Cloud-based solutions will become even more ubiquitous in 2013, according to Gartner, which recently released its predictions for the new year in a webinar, as highlighted by Campus Technology. Last year was characterized by the growing buzz that surrounded big data, and that hype will likely go into practice this year as individuals across industries adopt the technology to complete their assigned duties better and faster.

This applies to facilities managers, who can use real-time information from cloud-based asset tracking software to collaborate with teams and identify where productivity can be improved, according to Manufacturing Business Technology magazine.

Taking asset management to the cloud can save companies money in two ways – by spotting inefficiencies and developing more effective processes, and by lowering hardware expenses. Because the systems store information centrally in a cloud-based server, individual locations don’t need to invest in software or hardware to support the platforms.

This also allows for better communication across multiple facilities and offices, and provides additional transparency into business operations. As less time is wasted relaying messages across teams, companies can also bolster productivity and lower overhead expenses.