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With the use of cloudcomputing, video conferencing and various remote tools, businesses have been able to keep going during the pandemic and staff have been able to work to a high standard thanks to the technology available. At the moment, large scale companies like IBM and C3.ai Benefits of Remote Work. Contactless Tech.
And its usage is commonplace–according to Microsoft and LinkedIn’s 2024 Work Trend Index Annual Report , 75% of workers across the globe use AI in some capacity. PaaS is a type of cloudcomputing service that enables customers to run one or more applications on a platform typically run by a third-party provider.
Cloud migration and support are top-of-mind for worldwide organizations–this year, cloudcomputing is forecast to surpass $1 trillion worldwide for the first time. Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy.
If the operating theme for finance teams in 2024 was “automate workflows and optimize costs to drive value,” then the operating theme for 2025 is shaping up to be, “stay the course.” The enhancements will come with a price increase, but the added cost will be worth it. However, the move to cloud is far from complete.
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