Page 18 - PowerPoint Presentation
P. 18

Primary Drivers for Cloud Solutions

                       The primary business reasons organizations like yours are adding a cloud or recurring
                       revenue practice to their business:

                        Expand market: This might mean selling to a new industry, new segments within your
                        current target customers, or to address new business needs within your existing customers.

                       Generate more predictable revenue stream: One of the most attractive aspects of cloud
                        offerings is that solution providers can develop a more predictable, recurring revenue
                        stream. New service opportunities might include assessments, integration and data
                       migration services.

                        Improve profitability: Cloud services allow solution providers to prospect customers
                       outside their local geography more easily, extending the reach of existing sales efforts.
                        Recurring revenue streams can help increase margins and services attach rates.

                        Reduce business risk: There is definitely an element of risk in making the cloud business
                       transition; for one, it may take multiple cloud deals to generate the same revenue you
                        previously could expect from a large project. But adding cloud services can help your
                        organization create a more predictable cash flow, standardize product deliverables and
                       make better use of existing intellectual property.
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