It's faster and easier than buying your own hardware, Prism IT Solutions founder says "The Cloud" is the only way start-up schemes can be effective in today's economy with its tight credit and constantly evolving technology, said
"There is no money to invest in young people starting businesses and the banks aren't lending. A Cloud-based business can be run on a shoestring with a king-hit result. Let's embrace The Cloud as a launch pad. It's full potential still hasn't been realised,'
"Cloud computing" means storing data on remote servers instead of your computer's hard drive. Salesforce and
Cloud computing suppliers also conduct the server maintenance, including security updates. The services usually are pay-as-you-go, eliminating the need for capital expenditures. They also have minimal start-up costs and operating expenses are easier to forecast.
The start-up loans scheme has suffered from something of a disconnection because young people don't realise how much they can do with a small sum such as 2,500. It's actually quite a lot for a beginning business if it is spent correctly," Smith said.
The globalcloud computing marketwill grow from 25.2 billionin 2011 to149 billion in 2020, according to
An estimated 18 percent of small and medium
"Young people don't realise the opportunity before them. You can save 90 percent on the costs of a traditional 'bricks and mortar' business.
"That is money that can go back into servicing your customers and growing your business instead of buying hardware that's liable to be obsolete in a few years. Scaling up with The Cloud is very fast, it's fantastic," Smith said.
Cloud-based email and video storage systems also would have saved them the pains of trying to increase storage capacity, he said.
NOTES TO EDITORS:
About Prism IT Solutions:
Since their formation in 2001, the Prism team have worked hard to build an enviable reputation as one of the
Working with best of breed suppliers ensures that they can meet and exceed your expectations, which is why they strive to achieve the highest levels of professional certification from leading vendors such as
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