Busting the cloud myths #3: Cloud for B2B is not proven

Welcome to the 3rd of the 4-part series of busting the cloud myths with Cloud Lending Inc. In the 1st post we debunked the myth that the cloud is...

Snehal Fulzele 2nd May 2014

Welcome to the 3rd of the 4-part series of busting the cloud myths with Cloud Lending Inc. In the 1st post we debunked the myth that the cloud is not secure, in the 2nd post we disproved the myth that TCO is the only benefit of the cloud, and today we will dispose the myth that cloud for B2B is not proven.

When we talk about cloud services, we usually think of Amazon web services, Google or Dropbox. However, the cloud horizon is much wider and the B2B cloud space is equally happening. Consider the Salesforce1™ cloud platform for example. With its AppExchange program, Salesforce™ is helping businesses to reduce time and cost involved in researching, evaluating, and installing 3rd party applications.

To understand the impact of Cloud in B2B, let us look at few interesting numbers:

• There are over 2,200 enterprise applications listed on the AppExchange

• Since the launch of AppExchange program, it has supported more than 2.3 million installs

• There are over 100,000 businesses worldwide using the Salesforce™ platform.

• Cloud Lending Inc.’s solutions are trusted by more than 400 lending business users spread across 9 countries around the world, performing more than 2000 transactions a day to manage loan portfolio of more than $250 million.

Cloud Lending’s solutions have helped customers to process 5-times more loans per year.

• Gartner has forecasted that, by 2016, poor return on equity will drive more than 60% of banks worldwide to process the majority of their transactions in the cloud.

The “cloud” can be simply thought of as a deployment model and does not add much business value by itself. In the B2B world, the cloud solutions need to be built for individual businesses in order to add business value. At Cloud Lending Inc., we emphasize on creating flexible solutions which can adapt to the client’s business process instead of the other way round.

The point really is that whether it is B2C or B2B, cloud is delivering value TODAY. So, evaluate whether cloud is right for your business right away.



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