The cloud computing market is growing at a rapid rate and is anticipated to reach $832.1 billion in value by 2025 after being valued at a far lower $24.65 billion in 2010.
Manufacturing, professional services and banking industries are the biggest cloud-computing spenders. However, companies across a wide span of industries from construction and architecture to cleaning are also making the shift in spades.
And it’s not hard to see why so many businesses are moving their systems to the cloud, especially when it comes to managing their compliance.
After investing in cloud-based systems, companies recorded:
- Higher productivity: 78% of users reported improvements in productivity following the adoption of cloud services.
- Improved security: 94% of businesses said they saw an improvement in security after switching to the cloud.
- More cost savings: 82% of small to medium businesses reported reduced costs as a result of adopting cloud technology.
- Higher profitability: Companies actively investing in big data, cloud and mobility have up to 53% higher revenue growth rates.
- Improved regulatory compliance: 91% of businesses said the cloud makes it easier to meet government compliance requirements.
Already cloud software has begun making its mark in a big way. For businesses across a wide range of industries it’s the key to setting up effective systems that are agile, scalable and compliant with best practice standards and legislation.
Could businesses in your industry benefit from compliance software?
Our ISO consultants work with companies from a variety of different industries to introduce compliance software and build lean, low-burden cloud-based systems. We’re taking a closer look at four of these industries below.
1. Construction
The construction industry is incredibly complex. Numerous unique projects are often completed at once and all require various types of materials, tools, plants and equipment working in tandem.
When ordering materials, planning project timelines and so on, employees need to be confident they’re referring to the latest version of documented requirements. If they make a decision based on the information provided and it’s out-dated and incorrect, this could cost the company hundreds if not thousands.
By storing all documentation in the cloud, employees know that they are looking at the most up-to-date version. When changes are made, relevant documents can be quickly and easily updated to avoid any confusion.
The cloud also makes information easily accessible from wherever employees are working. Whether they are in the office, working from home or on-site at a project, employees can see the documents they need without issue.
With all information stored securely in the cloud you can access the data needed to make confident operational decisions that avoid holding projects up – saving you time and money. This data is compatible with different devices, such as mobile, so information can be conveniently accessed on-site.
Safety is a top concern given the hazardous nature of work. Ongoing compliance with health and safety legislation is a must, but many construction businesses opt to go the extra mile and also get ISO 45001 certified. With cloud-based software there are no clunky processes making compliance more difficult to manage. Health and safety systems are simple to maintain and update as required.
As compliance is reputable and documented in detail, compliance software also leaves your construction business well-positioned to secure new tenders in this highly regulated industry.
2. Manufacturing
The manufacturing industry has in-depth documentation for production processes, safety management, environmental management and quality control.
When manufacturers utilise compliance software all of this information is securely stored in the same place – the cloud. There’s no searching through paper documents to find what you’re after, the information you need can be found quickly and with ease.
Systems are streamlined, with processes automated where possible to eliminate inefficiencies.
As information is stored in the cloud, manufacturers can also avoid paying for idle infrastructure. Systems are adaptable, agile and flexible and can be scaled to your needs at any given point in time.
3. Cleaning
Compliance software is a secure and dependable way to manage your cleaning business.
Employees working different shifts can access the most up-to-date details without confusion. This avoids wasting time or making costly staffing mistakes based on out-of-date or inaccurate information. Bookings are also easy to manage and schedule in the cloud.
Employees require documentation such as service standards and processes for their roles – and all of this can be accessed via the cloud.
In addition, your cleaning company can impress clients and prospective clients with the most efficient systems and reputable ISO compliance.
4. Architecture
When using compliance software, architecture firms eliminate the risk of losing or misplacing important documents. Confidential client information is stored securely in the cloud as well, helping you avoid harmful breaches.
Audits for maintaining compliance can be completed faster and more accurately. All of the details you need are right there in the cloud – there’s no digging through paper files. In addition, cumbersome processes can be automated to minimise data entry errors and free up more time for architects to focus on high-value work.
Every aspect of your architecture firm can be monitored in real-time using built-in dashboards.
With systems streamlined in the cloud, there is little to no duplication. Any updates to compliance documentation can be made quickly and with ease. Employees can access the latest data and information whether they are working in the office, on-site or remotely.
Documents stored in cloud-based systems can also be made available to authorised third-party contractors, supporting seamless and effortless collaboration.
Speak with our team about compliance software
Working closely with regulatory authorities and peak industry bodies, Integrated Compliance Solutions has developed a comprehensive, cloud-based, industry-specific compliance package. Created by our talented software team, Digital IMS+ is a high-value service – we do not use templates.
Get in touch to discuss your business needs and see how you could benefit from making the move to compliance software.