A cloud-based project management software is designed to elevate efficiency in planning, monitoring, collaborating, and delivering a project in your business. The platform allows businesses to store their applications and data in the cloud. According to a report, 60% of businesses tend to use cloud-based PM tools in their business for managing projects and to meet deadlines efficiently.
But who uses project management software?
To cut the long story short, the demand for cloud-based project management software is high for businesses in software, consulting, IT, financial services, advertising, and marketing as well as engineering industries with nearly business of every size.
Holding all the benefits of cloud storage services such as google drive, Microsoft OneDrive, Dropbox, cloud-based project management software assists business to zoom out and see the larger scope of work. It enables you to logically organize, link, and manage your data in a way to complete the project outcomes. Moreover, you can also monitor how projects and teams affect each other as well as how the resources are distributed across the tasks.
What makes it stand out from the rest?
- Cloud-based project management software is much more than offering a plan, scheduling, resource allocation, documentation, and administrative systems. It turns out to be economical than compared to other software packages. Your business doesn’t require a concerned IT person or some kind of infrastructure. Rather you need not invest in any kind of servers, hardware, regardless of where you’re located, the cost for power, space, and benefits add up quickly.
- It supports and encourages Bring Your Own Device (BYOD) where the company may find some ease at business operating costs. The employees can access any device be it laptops or phones. Speaking on behalf of the company, it is much easier for them if the employee is interested in leaving the business. The company can immediately restrict access to any information and the data from their personal device is removed.
- Apart from monitoring and sharing files you can also control permissions and determine exactly what every user can see and access. Running on the cloud platform this software is free from any clerical, hosting, and maintenance work and helps you in keeping your user informed and share what’s important.
- You can instantly gain access to more storage capacity with cloud storage and then drop your storage capacity when its no longer required. Say, for example, your business has chosen to invest in the project management system. For a certain period of time, you need to run the old system while configuring the new one. While running two systems, the safety of data turns out to be of utmost concern. During this duration, you are going to have twice the data to store. When you add any kind of information from your old system that requires to be replicated over, it can lead to a rise in data levels nonetheless only for a short period of time. When incorporating cloud-based project management software you can gain access to extra storage space.
Need to add benefits of cloud-based pm software, mention few benefits of pm software and how it is helpful in this situation where organizations are working remotely / remote team collaboration
Lastly speaking of the icing on the cake is the recent addition to the software which is the incorporation of artificial intelligence. Businesses can take advantage of suggestions of the A.I which would be based on the project data. For instance, if it observes that a certain section in the project is being underestimated by the employees, it will prompt them to pay attention to the task and ask you to make effort in moving the task forward.
