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Maximizing Value with Flexible and Scalable Cloud Backup Pricing Plans
In today’s digital age, data is the lifeblood of businesses. It is crucial to protect valuable information from loss or corruption. This is where cloud backup solutions come into play. Cloud backup provides a secure and reliable way to store and recover data, ensuring business continuity in the face of unforeseen events. However, choosing the right cloud backup pricing plan can be a daunting task. In this article, we will explore the benefits of flexible and scalable cloud backup pricing plans and how they can help businesses maximize value.
Understanding Cloud Backup Pricing
Cloud backup pricing typically involves a combination of factors such as storage capacity, data transfer rates, and additional features offered by the service provider. The cost can vary depending on the amount of data being backed up, frequency of backups, and level of support required.
Flexibility for Changing Business Needs
One of the key advantages of flexible cloud backup pricing plans is the ability to adapt to changing business needs. As your business grows or experiences fluctuations in data storage requirements, having a pricing plan that allows you to easily scale up or down can save you money in the long run.
For example, during peak seasons or when launching new products or services, your data storage needs may increase significantly. With a flexible plan, you have the option to quickly add additional storage capacity without committing to long-term contracts or paying for unused resources during slower periods.
Pay-As-You-Go Models for Cost Efficiency
Another benefit of flexible cloud backup pricing plans is the availability of pay-as-you-go models. With these plans, you only pay for what you use without any upfront costs or fixed commitments. This allows businesses to align their expenses with actual usage and optimize costs.
For small businesses or startups with limited budgets, pay-as-you-go models provide an affordable entry point into cloud backup services without sacrificing quality or security. As your business grows, you can easily adjust your pricing plan to accommodate increased data storage needs while maintaining cost efficiency.
Additional Features and Support
Flexible cloud backup pricing plans often include additional features and support options that can enhance the value of the service. These may include advanced security measures, data encryption, 24/7 customer support, and regular software updates.
When considering different pricing plans, it is important to evaluate the added benefits that come with each option. While some plans may have a higher price tag, they might offer additional layers of protection or faster data recovery times that could prove invaluable in critical situations.
Choosing the right cloud backup pricing plan is essential for businesses looking to protect their valuable data. Flexible and scalable pricing plans allow businesses to adapt to changing needs while optimizing costs. Pay-as-you-go models provide cost efficiency for startups and small businesses, while additional features and support options enhance the overall value of the service. By understanding your business requirements and evaluating different pricing options, you can maximize the value of your cloud backup solution and ensure the security of your data in today’s digital landscape.
This text was generated using a large language model, and select text has been reviewed and moderated for purposes such as readability.
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Software Piano Industriale - Business Plan
Recensito dal Sole 24 ORE come azienda eccellente nell'innovazione digitale
Il software Piano Industriale - Business Plan è la soluzione che consente di realizzare Piani Industriali e Finanziari molto dettagliati in modo molto semplice e veloce, finalizzati a diverse tipologie di obiettivi: analisi economico finanziaria, verifica della sostenibilità delle strategie aziendali, comunicazione ai soci/azionisti ed agli stakeholder (banche ed altri finanziatori, creditori, istituzioni, etc.), consolidamento e sostenibilità del debito. Redige automaticamente, grazie all'utilizzo di innovativi algoritmi di business intelligence, un piano industriale pronto per l'uso, ricco di grafici, tabelle e commenti all'analisi e ai risultati scaricabile in Word, Pdf e Excel, così da essere completamente personalizzabili.
Inserimento manuale e automatico dei bilanci tramite e
Aggiornato al nuovo rating mcc con andamentale cr e al decreto liquidità 2020.
Realizza Piani industriali e finanziari dettagliati in modo semplice e veloce
guarda il video
- Richiede i dati economici e finanziari rilevati dagli ultimi bilanci approvati per raccordarli ai dati previsionali [espandi] L'utente deve inserire: lo Stato Patrimoniale e il Conto Economico degli ultimi 3 esercizi
- Facilita l’input fornendo indicazioni per l’inserimento dei dati previsionali
- Suggerisce correzioni e interventi per migliorare la performance
- Riclassifica i bilanci e redige il rendiconto finanziario sia a consuntivo che previsionale
- Semplifica la simulazione degli impatti economico-finanziari delle strategie elaborate e delle previsioni valutandone la profittabilità e la bancabilità utilizzando indici, tabelle, grafici, prospetti e classificazioni di rating
- Calcola 35 indici di bilancio commentati suddivisi per le quattro aree gestionali
- Consente di definire la strategia di sviluppo in termini di maggiore sostenibilità e redditività attesa, conseguentemente al miglior risultato ottenuto con le diverse simulazioni/proiezioni
- Genera automaticamente il piano Industriale che, grazie all’impiego di sofisticati algoritmi di business intelligence, è ricco di commenti a indicatori, rappresentazioni grafiche, rendiconti, bilanci ed alle strategie economico-finanziarie individuate dall'utente
Piano Industriale automatico Il software genera un report automatico di circa 70 pagine ricco di testi, indici, tabelle e grafici.
Commenti dinamici automatici Il software, grazie a specifici algoritmi di business intelligence, genera all’interno del report dei commenti automatici dinamici che descrivono i risultati ottenuti.
Scarica Fac Simile Piano Industriale
Scaricabile e modificabile Il report è scaricabile sul proprio Pc ed è modificabile ed editabile secondo le diverse esigenze.
Formati download Il report è scaricabile in formato: word, excel e pdf
Recensioni dei nostri clienti
Tutto incluso nel prezzo solo per il periodo che ti serve e senza nessun obbligo di rinnovo, promo valida fino al var promodate = new date; var today = new date; promodate.setdate(15); promodate.setmonth(today.getmonth() + ((today).getdate() > 15 1 : 0)); var promodatestring = promodate.tolocaledatestring("it-it"); document.write(promodatestring);.
- Progetti illimitati
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- No Tacito rinnovo
- 1 ora di formazione
Per ulteriori informazioni chiama lo i nostri consulenti sono a tua disposizione.
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Allo stesso modo, puoi inviare una mail a [email protected] indicando:
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L'attivazione del software è immediata? Quanto devo aspettare perchè sia attivo dopo il pagamento?
Nel caso di pagamento con Paypal o carta di credito l'attivazione è istantanea, nel caso di pagamento con bonifico bancario l'attivazione avviene automaticamente appena viene inviato il pdf della contabile bancaria.
Da quante postazioni posso lavorare simultaneamente?
La piattaforma e i software essendo in cloud, possono essere utilizzati da qualunque postazione (PC, Tablet), senza nessun limite. Si potrà quindi lavorare dall’ufficio, da un cliente o da casa, è necessario solo un collegamento ad internet. Se ad esempio hai acquistato un pacchetto di 2 software differenti, ognuno con 1 accesso contemporaneo, sarà possibile per un utente lavorare su un software e per un altro lavorare sull’altro software acquistato contemporaneamente. Se, invece, si vuole lavorare con più accessi contemporanei, bisogna acquistare delle licenze ulteriori a prezzi scontati.
Non ho trovato tra i pacchetti preconfigurati quello che fa al caso mio. Come posso fare?
Nessun problema, cliccando sul tasto “Acquista” o su “Configura il tuo pacchetto personalizzato e scontato” accederai al carrello e lì potrai creare un pacchetto di diversi software che soddisfa le tue esigenze a prezzi scontati . Il sistema calcola automaticamente lo sconto che aumenta al numero di software acquistati. Ad esempio, se acquisti 3 software: Analisi di bilancio e rating, Valutazione aziendale e Usura mutui e leasing, ti verrà applicato lo sconto del 20% sui primi due, 30% dal terzo in poi ecc.
Il servizio di assistenza è telefonico e compreso nel prezzo?
Sì, il servizio di assistenza è telefonico e/o tramite e mail a seconda della tua esigenza. E’ compreso nel prezzo dell’abbonamento ed illimitato . Al momento dell’acquisto ti verrà fornito un numero di telefono a cui chiamare ed un consulente esperto della materia sarà a tua disposizione. Il servizio è attivo Lun/Ven: 9.00 - 13:30 / 15.00 - 18.30. Per noi l’assistenza è ciò che fa veramente la differenza, ed è il motivo per il quale investiamo molto in essa in termini sia di risorse che di formazione degli addetti. Inoltre, grazie ad un feedback continuo tra il servizio di assistenza e gli sviluppatori, riusciamo ad intercettare immediatamente le esigenze degli utenti permettendoci così di migliorare e tenere costantemente aggiornati i nostri software.
Posso inserire sul report generato dal software il mio logo ed apportare modifiche?
Il report è scaricabile sul proprio Pc in formato: word, excel e pdf ed è modificabile ed editabile secondo le tue esigenze. Puoi inserire il tuo logo aziendale e, essendo il report anche in formato word, puoi apportare tutte le modifiche e le aggiunte che ritieni opportune.
Cosa si intende per 1 ora di formazione?
Acquistando il software per la durata di 12 mesi (unica soluzione non rateale) avrai diritto, compreso nel prezzo, ad un’ora di formazione personalizzata in cui un nostro esperto ti illustrerà l’utilizzo del software e risponderà alle tue domande. Sarai tu ad indicare, dopo l’acquisto, il giorno e l’orario in cui sei disponibile ad effettuare la formazione.
Inclusi nel software
Inclusa nel prezzo e fornita da professionisti esperti, Lun/Ven: 9.00 - 13:00 / 14.30 - 18.30
I software elaborano in automatico report scaricabili ed editabili pronti per l'uso in Word, Pdf e Excel
Utilizzo immediato dei software con carta di credito, Paypal o bonifico bancario
Puoi creare e modificare tutte le pratiche e progetti che desideri senza nessuna limitazione
A chi è rivolto
Piano Industriale - Business Plan è rivolto a dirigenti d’azienda e consulenti (Commercialisti, Advisor finanziari, CFO, Manager, Direttori Finanziari, etc.) che devono redigere un Piano Industriale e/o un Piano Finanziario dettagliato, puntuale ed analitico
Rispetto a questi attori il software Piano Industriale - Business Plan risulta idoneo a soddisfare differenti tipologie di esigenze:
- reporting previsionali agli azionisti e agli stakeholder aziendali
- comunicazione di strategie e fabbisogni finanziari agli istituti di credito
- richiesta di finanziamenti e/o contributi pubblici
- verifica della sostenibilità e della redditività di nuovi investimenti
- valutazione dell’impatto economico finanziario del lancio di nuovi prodotti/servizi
- analisi attuali e previsionali del Rating aziendale e del merito creditizio
- verifica dell ’andamento previsionale e dell’equilibrio economico finanziario a valle delle strategie individuate
- Redazione di un Piano Industriale in seguito ad incarico professionale
- d. Consolidamento e moratorie dei debiti sia nei confronti dei fornitori che del sistema bancario.
Semplice da utilizzare
Il software Piano Industriale - Business Plan è rivolto a clienti esperti ed esigenti, che richiedono un Piano Industriale completo e dettagliato, frutto di elaborazioni e calcoli complessi. Alla complessità delle elaborazioni realizzate in automatico dal sistema corrisponde la massima semplicità di utilizzo perché il software, grazie ai suoi algoritmi di business intelligence, supporta l'utente nelle fasi di input del processo e realizza in automatico le fasi di elaborazione e redazione del piano
1. Input dati di bilancio
- evidenzia e schematizza i dati da inserire: l’imputazione dei dati risulta agevolata dal format di inserimento che ripropone una maschera del tutto simile al bilancio ufficiale (schema “IV direttiva CEE”)
- segnala eventuali errori
- inserisce i dati dei bilanci a consuntivo nelle maschere di input
2. Input dati previsionali
- evidenzia i dati da inserire
- facilita la conversione delle ipotesi previsionali in dati e parametri consentendo di inserire valori più generali o progressivamente più puntuali a seconda del livello di precisione e dettaglio desiderato dall'utente
- segnala eventuali errori tecnici o logici nei valori immessi
- suggerisce le correzioni aiuta ad ottimizzare la strategia alla base delle ipotesi previsionali consigliando interventi per migliorare la performance e il valore dell'azienda
- definisce le ipotesi previsionali , in coerenza con strategie che possono interrompere le tendenze in atto (evidenziate dai bilanci a consuntivo)
- converte , assistito dal sistema, le ipotesi previsionali in dati espressi come incrementi percentuali rispetto all'ultimo bilancio o come valori assoluti
i dati da inserire riguardano essenzialmente:
- il piano degli investimenti e le relative aliquote di ammortamento
- le fonti di finanziamento: equity e/o debito a medio e lungo termine
- i contratti di leasing
- i costi e i ricavi di produzione
- il costo delle risorse umane
- il livello delle rimanenze
- la stagionalità delle vendite
- i giorni di dilazione clienti/fornitori
- l'importo degli affidamenti
“raccorda” con l’ultimo bilancio approvato le ipotesi previsionali definite dall'utente ed elabora le proiezioni riportando per 8 esercizi successivi:
- lo Stato Patrimoniale previsionale
- il Conto Economico previsionale
- l'analisi del Cash Flow previsionale
- l'analisi attuale e previsionale per Indici di bilancio
- l'analisi dell'evoluzione della Posizione Finanziaria Netta Previsionale
- i Rating secondo i metodi Standard & Poor's, Altman e Prof. Damodaran
- il Rating di Medio Credito Centrale (accesso al Fondo di Garanzia PMI Legge 662/96) e la bancabilità
- l'analisi finanziaria sulla sostenibilità dell'investimento e sul fabbisogno finanziario
- l'analisi del Budget di Tesoreria Mensile previsionale
Come funzionano gli algoritmi di business intelligence
Attraverso sofisticati algoritmi il software genera automaticamente delle frasi che descrivono la situazione economico finanziaria dell’azienda.
Un semplice esempio chiarirà il funzionamento. Poniamo il caso che, inseriti i dati degli ultimi 3 bilanci ed impostati i parametri previsionali, l’azienda si trovi una PFN descritta qui di seguito.
Posizione finanziaria netta
Il software genererà automaticamente la seguente frase di descrizione:
La Posizione Finanziaria Netta dell'azienda all'esercizio 2019E risulta positiva e pari ad € 20.279.684 in ragione del fatto che la sua posizione finanziaria lorda, pari ad € 22.747.614, è superiore al valore aggregato di crediti finanziari e disponibilità liquide che, attestandosi su un importo complessivo di € 2.467.930 non sono sufficienti a coprire l'esposizione determinando così una PFN positiva.
La posizione lorda è determinata dalle seguenti componenti: debiti verso soci per finanziamenti, che ammontano ad € 38.000, mutui passivi, pari invece ad € 2.380.370, altri debiti finanziari per € 2.308.662, debiti bancari a breve, che si attestano su un importo di € 17.220.582 ed infine debiti per leasing di € 800.000. Il valore delle voci attive di cui va diminuita la posizione lorda per ottenere la PFN è riconducibile invece ad un'unica voce, ovvero l'ammontare della cassa, pari come detto a € 2.467.930, mentre non risultano iscritti a bilancio crediti finanziari.
Ogni indice di bilancio è a sua volta commentato:
Il software genererà la seguente frase di commento:
Il rapporto D/E nell'esercizio 2019E è pari a 1,96, in virtù di un valore dell'Equity di € 10.365.400 e di un valore del debito, in termini di Posizione Finanziaria Netta, di € 20.279.684. L'indice è migliorato, rispetto all'esercizio precedente, di 0,18. Il valore dell'indebitamento risulta equilibrato, per quanto concerne il rapporto tra fonti finanziarie onerose esterne e fonti proprie. D/E si mantiene in definitiva sostanzialmente stabile rispetto all'anno 2018E in cui si attestava su un valore di 2,14. L'indice non fa segnare quindi significative variazioni, nonostante sia il valore dell'Equity che quello del debito mostrino entrambi sensibili cambiamenti rispetto all'anno precedente, risultando ambedue in calo. Nello specifico, l'Equity passa da un valore di € 10.846.440 nel 2018E ad € 10.365.400 nell'anno in corso, con una diminuzione di 4,4 punti percentuali mentre il debito si attesta su un valore di € 20.279.684 nel 2019E a fronte di € 23.185.351 dell'anno precedente evidenziando a sua volta un calo percentuale di 12,5 punti.
Chiaramente questi sono solo alcuni piccoli esempi della potenzialità del software.
Il nostro reparto di ricerca e sviluppo è costantemente al lavoro per creare nuove frasi sempre più complesse al fine di automatizzare tutto il processo di analisi. Per tale motivo gli aggiornamenti al software sono continui e, come è nella nostra politica, completamente gratuiti.
Piano Industriale - Business plan genera un report finale autoconsistente e completo di tabelle, grafici e commenti automatici. Ogni commento segue i dati inseriti ed i risultati dell'analisi ed è formulato da specifici algoritmi di business intelligence. Il report finale può essere generato nei seguenti format, predisposti per le diverse esigenze dell’utente:
Tutti i report sono scaricabili in formato Word, garantendo all'utente la possibilità di integrare i documenti con informazioni, commenti e personalizzazioni aggiuntive o con il proprio logo.
Gli schemi di riclassificazione dei bilanci previsionali ed i metodi di valutazione si basano su standard normalmente utilizzati dagli istituti di credito e dagli operatori finanziari nazionali ed internazionali, rispondendo all’esigenza di una corretta e puntuale informazione finanziaria
Screen del software Piano Industriale - Business Plan
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Top Cloud Financial Planning Solutions Your Business Needs!
- Modified By - nOps
- September 20, 2023
Step into the future with nOps, the next-gen workload provisioner that picks the right compute at the right price in real-time.
Table of Content
Financial planning is an essential aspect of running a successful business. However, managing financial cloud data can be a daunting task. This is where cloud financial planning solutions come in handy. In simple terms, cloud financial planning bridges the gap between CTOs’ and CFOs’ challenges.
In this blog, we will explore the top cloud financial planning solutions that your business needs to optimize its financial operations and increase profitability. From forecasting to budgeting, these tools offer a wide range of features to simplify your financial management tasks. So, let’s dive in and discover which cloud solutions can significantly impact your business’s bottom line.
What Is Financial Planning?
Cloud financial planning refers to using cloud-based software to manage and plan a company’s financial operations. This involves storing and analyzing financial data in a cloud-based platform, which can be accessed from anywhere with an internet connection. Cloud financial planning solutions offer several advantages over traditional on-premise financial software, including lower costs, greater flexibility, and improved collaboration.
With cloud financial planning, businesses can easily monitor their financial health, create budgets, forecast revenue and expenses, and make informed decisions based on real-time data. Overall, cloud financial planning has become an indispensable tool for businesses of all sizes, helping them achieve financial stability and success.
What Is Cloud Financial Planning Software?
Cloud financial planning software typically includes features such as budgeting, forecasting, cash flow management, financial reporting, and analytics. These tools can help businesses make informed decisions based on accurate financial data, enabling them to stay ahead of the competition. Additionally, cloud financial planning software provides real-time collaboration and data-sharing capabilities, making it easier for teams to work together and achieve their financial goals.
Top Cloud Financial Planning Solutions To Optimize Your Cloud Spend!
nOps is a comprehensive cloud management platform that offers end-to-end visibility and automation to help organizations optimize their cloud infrastructure. It is an automated FinOps platform that uses machine learning to help businesses reduce their AWS costs by up to 50% on autopilot. You can gain valuable insights into your cloud environment and make data-driven decisions to improve your operations and reduce costs. Here’s how they do it:
- Cost Monitoring and Optimization: nOps continuously monitors your cloud usage and spending and automatically identifies opportunities for cloud cost optimization. This means you don’t have to worry about constantly monitoring your cloud costs – we’ll take care of it for you.
- Customized Recommendations: The platform provides customized recommendations based on your specific cloud usage and cost patterns. This ensures that the recommendations are tailored to your business needs and goals. You can identify and eliminate idle or underutilized resources and receive recommendations for right-sizing your infrastructure.
- Actionable Insights: nOps provides actionable insights into your cloud usage and costs so that you can make informed decisions about your cloud usage and spending. This includes detailed reports, alerts, and dashboards that give you visibility into your cloud costs.
- Security and Compliance – With nOps, you can ensure that your cloud environment is secure and compliant with industry standards and regulations. nOps offers automated compliance checks, vulnerability scanning, and risk assessments to help you maintain a secure and compliant environment.
- Efficient Tracking – nOps provides real-time visibility into changes made to your cloud environment so that you can track and manage any modifications to your infrastructure. You can also set up alerts and notifications to stay informed of any unauthorized changes.
- Infrastructure automation – nOps helps you automate your infrastructure provisioning and management to streamline your operations and reduce manual tasks. You can use nOps to automate instance provisioning, scaling, and deployment tasks.
- Governance and accountability – With nOps, you can establish clear governance policies and hold your teams accountable for adhering to them. You can use nOps to monitor policy compliance, track user activity, and enforce access controls.
Whether you’re looking to optimize your costs, improve your security posture, or automate your operations, nOps has the tools and features you need to succeed. Schedule a demo here .
2. AWS Budgets
AWS Budgets is a powerful cloud financial planning software that enables users to gain complete control over their AWS spending. It provides various tools and features that help businesses monitor and manage their cloud costs, improve cost efficiency, and avoid unexpected bills.
With AWS Budgets, users can set up custom budgets and receive real-time alerts when their AWS spending exceeds pre-defined thresholds. This ensures that users are always aware of their cloud expenses and can take immediate action to optimize their usage and reduce costs.
The software allows users to create budgets based on various factors such as AWS service, usage type, account, and tags. This makes it easy for users to track specific costs and identify areas where they can optimize their cloud usage. AWS Budgets also provides users detailed reports and insights into their spending patterns. This allows users to understand their cloud expenses better and make informed decisions to optimize their usage.
3. Apptio Cloudability
Apptio Cloudability – among the top cloud cost management tools , focuses on assisting users in gaining visibility into their spending, managing it, and ultimately optimizing it. It also assists businesses in visualizing their cost profile throughout a cloud migration. Apptio’s Cloudability provides budgeting, forecasting, and rightsizing features as a financial management solution for tracking, reporting, and evaluating cloud costs.
The FinOps and finance departments will benefit the most from this tool. However, it cannot delve deeply into the costs of idle and unallocated resources. Additionally, as cloud cost management software , it cannot link cost changes to engineering changes; it can just perceive cost changes.
Why Is nOps The Best Cloud Financial Management Tool?
nOps is considered the best cloud financial management tool because it offers a comprehensive solution that addresses the complex needs of modern cloud infrastructure. Its unique approach to cost optimization and management allows businesses to achieve cost savings while maintaining the performance and security of their cloud environments.
The tool offers real-time cost monitoring and analytics, allowing businesses to track and optimize their cloud spending. Its intelligent alerting system also provides timely notifications when spending thresholds are exceeded, helping businesses stay within budget and avoid unexpected charges.
Your team focuses on innovation, while nOps runs optimization on auto-pilot to help you track, analyze and optimize accordingly! Our customers can benefit in two key ways:
- First, pay less for what you use without the financial risk.
- Second, use less by automatically pausing idle resources.
Let us help you save! Sign up for nOps today.
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How To Write a Business Plan for Cloud Computing in 9 Steps: Checklist
By alex ryzhkov, resources on cloud computing.
- Financial Model
- Business Plan
- Value Proposition
- One-Page Business Plan
Welcome to our blog post on how to write a business plan for cloud computing in 9 simple steps. With the rapid growth of the cloud computing industry, it has become essential for businesses to have a well-thought-out plan to capitalize on this technology. According to recent statistics, the cloud computing market is projected to reach $832.1 billion by 2025, with a compound annual growth rate of 17.5% .
Now let's dive into the step-by-step process of creating an effective business plan for cloud computing:
- Conduct market research
- Define target market
- Analyze competition
- Identify customer needs and pain points
- Determine business objectives and goals
- Define pricing and revenue model
- Assess required resources and capabilities
- Conduct a SWOT analysis
- Create a preliminary budget and financial projections
By following these 9 steps, you will be able to develop a comprehensive business plan for your cloud computing venture, enabling you to tap into the immense potential of this industry. So let's get started and ensure your success in the cloud computing market!
Conduct Market Research
Conducting market research is a crucial first step in developing a business plan for cloud computing. This process involves gathering and analyzing data to gain insights into the target market, industry trends, customer preferences, and competitors. By understanding the market dynamics, you can identify potential opportunities and challenges that may influence your business strategy.
- Identify your target audience: Determine the specific industries, businesses, or individuals that are most likely to benefit from cloud computing services. Consider factors such as size, location, and specific needs.
- Understand market trends: Stay updated on the latest developments, innovations, and emerging technologies in the cloud computing industry. This will help you anticipate future demands and adapt your business plan accordingly.
- Analyze customer preferences: Identify the unique pain points and challenges faced by potential customers. This will allow you to tailor your services to meet their specific needs and differentiate yourself from competitors.
- Evaluate the competition: Research and analyze your competitors to understand their strengths, weaknesses, and market positioning. This will help you identify gaps in the market and develop a competitive advantage.
- Utilize online resources, industry reports, and market research tools to gather reliable data and insights.
- Consider conducting surveys or interviews with potential customers to gain firsthand knowledge of their needs and preferences.
- Stay updated on industry events, conferences, and forums to network with professionals and stay informed about the latest trends.
- Keep an eye on regulatory and legal requirements that may impact the cloud computing industry, such as data privacy laws.
Define Target Market
Defining your target market is a crucial step in writing a business plan for cloud computing. It involves identifying the specific group of customers or organizations that you intend to serve with your cloud computing services. This step enables you to tailor your marketing strategies and offerings to meet the needs and preferences of your target audience.
When defining your target market, consider factors such as industry, company size, geographic location, and specific needs that your cloud computing solution can address.
Tips for defining your target market:
- Conduct market research to identify potential customer segments that are most likely to benefit from your cloud computing services.
- Consider the size of the market and its growth potential to determine the viability and sustainability of your business.
- Identify the pain points and challenges faced by your target market in their current computing infrastructure, and how your cloud solution can provide a better alternative.
- Narrow down your target market to ensure that your resources and efforts are focused on the most profitable and suitable customer segments.
Defining your target market ensures that your business plan aligns with the specific needs and preferences of your potential customers, increasing the chances of success for your cloud computing venture.
In order to succeed in the cloud computing industry, it is crucial to have a clear understanding of the competitive landscape. Analyzing your competition can provide valuable insights into their strengths, weaknesses, and strategies, allowing you to position your business effectively.
Here are some key steps to follow when analyzing your competition:
- Identify your direct and indirect competitors: Start by researching and identifying companies that offer similar cloud computing services in your target market. Direct competitors offer the same services to the same target audience, while indirect competitors may offer different services but still compete for the same customers.
- Evaluate their offerings: Take a close look at the features, functionalities, and pricing models of your competitors' offerings. This will help you understand their value proposition and determine how you can differentiate your own services.
- Assess their market position: Analyze your competitors' market share, customer base, and reputation in the industry. This will give you an idea of their overall market presence and potential strengths or weaknesses that you can leverage or address in your own business plan.
- Read customer reviews: By reading reviews and testimonials from customers of your competitors, you can gain insights into the pain points and areas of improvement in their services. This can help you identify opportunities to provide better solutions.
- Monitor industry trends: Stay up-to-date with the latest developments and trends in cloud computing. This will enable you to assess how your competitors are adapting to changes and identify areas where you can innovate.
- Look for gaps in the market: Analyze whether there are any underserved segments or unmet needs in the market that your competitors have not addressed. This can provide you with an opportunity to gain a competitive advantage by offering tailored solutions.
By thoroughly analyzing your competition, you can develop a better understanding of the landscape in which your cloud computing business will operate. This knowledge will help you make informed decisions and develop a strategy that sets your business apart from the competition.
Identify Customer Needs And Pain Points
Understanding the needs and pain points of your potential customers is crucial for developing a successful business plan for cloud computing. By identifying their specific challenges and requirements, you can tailor your solutions to address their unique needs and differentiate yourself from the competition.
- Conduct interviews and surveys: Reach out to potential customers to gather valuable insights about their current computing infrastructure, pain points, and desired outcomes. This primary research will help you identify patterns and common challenges that your cloud computing services can address.
- Analyze feedback from existing customers: If you already have customers using your cloud computing services, take the time to analyze their feedback and reviews. Look for recurring themes or issues that customers frequently mention to better understand their needs and pain points.
- Study industry trends and best practices: Stay up-to-date with industry publications, forums, and case studies to gain comprehensive knowledge of the challenges faced by businesses in your target market. Identify emerging trends and best practices that can shape your cloud computing offerings.
- Emphasize the importance of active listening during customer interviews. Encourage potential customers to openly share their experiences and pain points.
- Document the specific pain points identified during the research phase. Use these pain points as a foundation for designing the unique selling points of your cloud computing services.
- Consider conducting focus groups or workshops to delve deeper into customer needs, preferences, and pain points. This interactive approach can provide valuable and detailed insights.
By identifying and understanding the needs and pain points of your target customers, you can create a business plan that addresses their specific challenges and positions your cloud computing services as the ideal solution. This customer-centric approach can give you a competitive advantage and lay the foundation for a successful venture in the ever-growing cloud computing industry.
Determine Business Objectives And Goals
In order to create a successful business plan for cloud computing, it is crucial to determine clear and specific objectives and goals for your venture. These objectives will serve as guiding principles and help you stay focused throughout the planning and execution process.
The first step in determining your objectives and goals is to identify what you want to achieve with your cloud computing business. Do you want to become a leading provider of cloud services in a specific industry? Are you aiming to target small businesses or enterprises? Clearly define your aspirations and align them with the overall vision of your company.
Next, break down your objectives into smaller, achievable goals that will enable you to reach your larger vision. For example, if your overall objective is to achieve a certain market share within a specific time frame, you can set intermediate goals such as acquiring a certain number of customers or expanding your service offering to meet the demands of your target market.
- Be specific: Avoid vague goals such as 'increase revenue' and instead aim for more precise objectives like 'achieve a 20% increase in annual revenue by the end of the second year.'
- Make them measurable: Assign metrics to your goals so that you can track progress and evaluate your success. This will enable you to make data-driven decisions throughout your cloud computing journey.
- Ensure alignment: Make sure that your objectives and goals align with your company's mission and values. This will help create a cohesive and purpose-driven business plan.
- Revisit and revise: As your business evolves, regularly review and revise your objectives and goals to ensure they stay relevant and aligned with your changing circumstances.
By determining your business objectives and goals, you will have a clear direction and purpose for your cloud computing venture. This will not only guide your decision-making process but also enable you to effectively communicate your vision to stakeholders, investors, and potential customers.
Define Pricing And Revenue Model
Defining the pricing and revenue model is a crucial step in creating a successful business plan for cloud computing. It determines how you will generate income and how much customers will pay for the services you offer. Here are some important points to consider:
- Research the Market: Analyze the market and understand the pricing trends for cloud computing services. Take into account factors such as the competitive landscape, customer expectations, and industry standards.
- Consider Value-based Pricing: Instead of simply basing your pricing on the cost of providing the services, focus on the value your services bring to customers. Determine the benefits they will gain and set the price accordingly.
- Offer Multiple Pricing Options: To cater to different customer needs, consider offering various pricing options. This could include tiered pricing based on usage levels or different packages with varying features and benefits.
- Be Transparent: Clearly communicate your pricing structure and any additional costs or fees to avoid confusion and build trust with your customers. Transparency helps customers make informed decisions and reduces the likelihood of misunderstandings.
- Research your competition to gain insights into their pricing strategies and offers.
- Consider offering discounts or promotions to attract new customers or retain existing ones.
- Regularly review and adjust your pricing strategy based on market dynamics and customer feedback.
By carefully defining your pricing and revenue model, you can ensure that your cloud computing business remains competitive, profitable, and attractive to customers. It is an essential component for building a strong and sustainable business plan.
Assess Required Resources And Capabilities
When it comes to implementing a cloud computing business model, it is crucial to assess the required resources and capabilities to ensure a successful operation. This step involves evaluating the necessary infrastructure, technical expertise, and staffing requirements to effectively deliver cloud services.
In order to assess the required resources, it is important to determine the scale of the cloud computing operations. Consider factors such as the expected number of customers, the volume of data to be managed, and the complexity of the services to be offered. This will help in estimating the hardware, software, and networking equipment needed.
Furthermore, it is important to evaluate the technical expertise needed to maintain and manage the cloud infrastructure. This includes skills in areas such as server administration, network security, virtualization, and data management. Assessing the existing skill set within the organization and identifying any gaps will enable strategic hiring or training programs to be implemented.
Assessing the required staffing is another critical aspect of this step. Consider the number of professionals needed to handle customer support, system maintenance, and ongoing service enhancements. Take into account the workload and the level of expertise required for each role.
- Collaborate with the team and stakeholders to create a comprehensive list of the required resources and capabilities.
- Consider outsourcing or partnering with third-party providers to fulfill certain resource requirements, such as server maintenance or data security.
- Regularly review and update the assessment of resources and capabilities to meet evolving customer demands and technological advancements.
Conduct A SWOT Analysis
A SWOT analysis is a crucial step in developing a comprehensive business plan for cloud computing. It allows you to identify the internal strengths and weaknesses of your business, as well as external opportunities and threats in the market.
During a SWOT analysis, carefully evaluate your business's strengths, such as unique features or services that set you apart from competitors. Additionally, identify any weaknesses or limitations that may need to be addressed to ensure success.
In terms of opportunities, analyze the market trends and changes that could potentially benefit your business. This could include advancements in technology, emerging markets, or changes in customer preferences. Finally, consider the threats your business may face, such as intense competition or legal and regulatory challenges.
- Strengths: Identify what sets your cloud computing services apart from others. This could include expertise in a specific industry, robust security measures, or a diverse range of service offerings.
- Weaknesses: Acknowledge any limitations or areas for improvement within your business. This could be a lack of brand recognition, limited resources, or insufficient technical support.
- Opportunities: Explore potential areas for growth and expansion. Look for emerging markets, evolving customer needs, or partnerships that could enhance your business's reach and profitability.
- Threats: Consider the external factors that could pose challenges to your business. This could include intense competition, changing regulations, or cybersecurity threats.
Tips for Conducting a SWOT Analysis:
- Be objective and honest while evaluating your business's strengths and weaknesses. Avoid overestimating or downplaying these factors.
- Focus on the specific aspects of cloud computing that are relevant to your business model. This will help you identify unique value propositions and potential areas of improvement.
- Stay informed about the latest industry trends and market changes to identify new opportunities and potential threats.
- Engage your team and gather different perspectives during the SWOT analysis. This collaborative approach can bring valuable insights and uncover hidden opportunities.
- Regularly revisit and update your SWOT analysis as market conditions and business priorities evolve.
Create A Preliminary Budget And Financial Projections
Once you have analyzed the market, identified your target audience, and assessed your resources and capabilities, it's time to create a preliminary budget and financial projections for your cloud computing business. This step is crucial as it will help you determine the financial feasibility of your venture and provide you with a roadmap for achieving your business goals.
To create a preliminary budget, start by listing all the expenses you anticipate in the initial stages of your business. These may include costs for infrastructure setup, software licenses, employee salaries, marketing, and other operational expenses. Be sure to consider both fixed and variable costs to get a comprehensive view of your financial requirements.
Next, identify potential sources of revenue for your cloud computing business. This may include income from subscription fees, usage-based charges, consulting services, or any other value-added services you plan to offer. Consider the pricing and revenue model you defined earlier and use it as a basis for estimating your revenue streams.
- Tip 1: Be conservative in your revenue projections and factor in potential challenges or barriers that may impact your business's ability to generate income.
- Tip 2: Consider conducting a break-even analysis to determine the point at which your business will cover all its costs and start making a profit.
Once you have listed your expenses and identified potential revenue streams, put together a preliminary budget that outlines the expected costs and revenues for the first year or two of your cloud computing business. This budget will serve as a guiding tool for making financial decisions and tracking your progress towards your business objectives.
Additionally, create financial projections that forecast the growth and profitability of your business over a specific period of time. These projections should take into account factors such as market trends, customer acquisition rates, and pricing strategies. By projecting your future financial performance, you can assess the viability of your business model and identify areas where you may need to adjust your strategy.
Remember, creating a preliminary budget and financial projections is an iterative process. As you gather more information and refine your business plan, you may need to revisit and update your budget and projections accordingly. Regularly monitoring and reviewing your financial performance will help you make informed decisions and ensure the long-term success of your cloud computing business.
In conclusion, writing a business plan for cloud computing involves several important steps that must be carefully considered. Conducting thorough market research, defining the target market, analyzing competition, identifying customer needs, and determining business objectives are all vital components of a successful plan. Additionally, defining pricing and revenue models, assessing required resources and capabilities, conducting a SWOT analysis, and creating a preliminary budget and financial projections are crucial for ensuring the viability and success of a cloud computing venture. By following these nine steps, businesses can effectively plan and launch their cloud computing services, capitalizing on the benefits of flexibility, cost savings, and enhanced security that this model offers.
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Cloud Computing Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business Plans » Technology Sector
Are you about starting a cloud computing business? If YES, here is a complete sample cloud computing business plan template & feasibility report you can use for FREE .
Okay, so we have considered all the requirements for starting a cloud computing business. We also took it further by analyzing and drafting a sample cloud computing marketing plan template backed up by actionable guerrilla marketing ideas for cloud computing businesses. So let’s proceed to the business planning section.
Cloud computing is an emerging paradigm computing concept that enables both information technology infrastructure and software to be delivered directly over the internet as a service. This is an arrangement that enables companies to expand their network capacity, and run applications directly on a vendor’s network.
It offers a host of advantages with the most primary being radically lower IT costs. The lower budgetary requirements and commitments allow even smaller companies to piece together an IT project without spending on purchasing legacy server, and storage systems.
In the same vein, the burden of developing and maintaining the technological expertise required in running the network is transferred to the service provider. The pay-per-use basis of cloud computing helps transform the way IT departments create and deploy customized applications during these difficult times.
By offering a more cost-effective, less risky, and fundamentally faster alternative to on-site application developments, cloud computing is poised to transform the economics of information technology in the next few years.
The internet is a foundation for cloud computing, and the term “cloud” is used as a metaphor for the Internet. Thanks to new and improved networks, the Internet is fast becoming a vehicle for delivering computational requirements. The ubiquity of the Internet and the widespread availability of high-speed broadband access are the primary factors driving the movement towards the cloud.
If you have decided to start your own cloud computing business, then you should ensure that you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your own business.
Below is a sample cloud computing business plan template that can help you to successfully write your own with little or no difficulty.
A Sample Cloud Computing Business Plan Template
1. industry overview.
The global cloud storage market is expected to grow from USD 18.87 billion in 2015 to USD 65.41 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.2 percent. Cloud storage solution and services are currently being offered by numerous vendors such as IBM, Microsoft, Google, Amazon Web Services, VMware, Box, Fujitsu, Rackspace, AT&T, and HP.
These vendors are selling variations of cloud storage solutions and managed services. However, there is a price war between these cloud storage service providers globally as they keep reducing their prices and increasing their volume of storage.
Storage solutions are evolving as several companies have entered into the market and are offering advanced solutions to store data at minimum cost.
The first digital storage device was introduced in 1890 when Herman Hollerith, founder of Tabulating Machine Company, used punch cards to read and record data. Thus, the storage market has evolved and in the present scenario, the user can save up to 1 GB of data free of cost on cloud storage and access it from any remote location.
Factors such as rising need for big data storage and increasing adoption of cloud storage gateways are driving the demand for cloud storage solutions globally.
The cloud storage market has been segmented on the basis of types into solutions and services; on the basis of solutions into primary storage solution, backup storage solution, cloud storage gateway solution, and data movement and access solution; on the basis of services into consulting services, system and networking integration, and support training and education.
Cloud storage provides users with immediate access to a broad range of resources and applications hosted in the infrastructure of another organization via a web service interface. Cloud storage can be used for copying virtual machine images from the cloud to on-premises locations or to import a virtual machine image from an on-premises location to the cloud image library.
In addition, cloud storage can be used to move virtual machine images between user accounts or between data centers. Cloud storage can be used as natural disaster proof backup, as normally there are 2 or 3 different backup servers located in different places around the globe.
Users access cloud computing using networked client devices such as desktop computers, laptops, tablets and smartphones and any Ethernet enabled device such as Home Automation Gadgets. Some of these devices—cloud clients—rely on cloud computing for all or a majority of their applications.
Some of the factors that encourage entrepreneurs to start their own cloud computing business could be the growing recognition of economic and operational benefits and the efficiency of cloud-computing. As companies ease out gradually from economic uncertainties and financial shackles, widespread adoption of cloud services is in the offing.
The pragmatic and successful adoption of this technology concept by early adopters will pave the way for mass enterprise adoption of cloud services in the upcoming years.
The transition of enterprises from virtual machines to the cloud will additionally extend the impetus required for strong growth. Poised to score the maximum gains will be end-to end cloud-computing solutions that offer complete functionalities ranging from integration of internal and external clouds, automation of business critical tasks, and streamlining of business processes and workflow, among others.
Over and above, starting a cloud computing company requires professionalism and a good grasp of the ICT industry. Besides, you would need to get the required certifications and license and also meet the standard security expected for players in the industry in the united states; the industry is heavily regulated to guard against fraud and criminality.
2. Executive Summary
Silver Lining® Cloud Computing, Inc. is a licensed cloud computing company that will be located in San Diego – California. We have been able to secure a long term lease agreement for a standard office facility in an ideal location that is most suitable for the kind of business we want to run.
Our services will cover computer computing services areas such as; web based cloud computing, infrastructure as a Service (IaaS), software as a service (SaaS), platform as a service (PaaS), utility services, managed services, service commerce, hardware as a service, and workplace as a service et al.
We are aware that businesses these days require diverse and sophisticated approaches. This is why we will position our cloud computing company to offer a wide range of services as requested by our clients.
Silver Lining® Cloud Computing, Inc. is a client-focused cloud computing company that provides broad-based experience at an affordable fee that won’t in any way put a hole in the pocket of our clients. We will offer a complete range of cloud computing services to our clients and we will ensure that we work hard to provide the required services needed by our clients.
At Silver Lining® Cloud Computing, Inc. our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.
Silver Lining® Cloud Computing, Inc. is founded by Clarkson Duke and his friend and business partner David Shannon. The organization will be managed by both of them since they have combined experience and qualifications in the ICT services industry.
Clarkson and David graduated from MIT with degrees in Computer Technology and Business Management. They are Cloud Certified Professional, IBM Certified Cloud Solution Architect v1 and v3, Red Hat Certificate of Expertise in Infrastructure-as-a-Service.
3. Our Products and Services
Silver Lining® Cloud Computing, Inc. is going to offer varieties of services within the cloud computing line of business in the United States of America. Our intention of starting our cloud computing company is to make profits from the industry and we will do all that is permitted by the law in the United States of America to achieve our aim and ambition.
Our business offerings are listed below;
- Web Based Cloud Computing
- Infrastructure as a Service (IaaS)
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Utility Services
- Managed Services
- Service Commerce
- Hardware as a Service
- Workplace as a Service
4. Our Mission and Vision Statement
- Our vision is to build a world class cloud computing company that can favorably compete with leaders in the ICT services industry.
- Our mission is to provide a professional and trusted cloud computing platform and services that will assist businesses and non – profit organizations in operating sustainably. We will provide trusted and reliable cloud computing business solutions in combination with our own business backgrounds, and deliver valuable services in a timely and cost-effective way.
Our Business Structure
Silver Lining® Cloud Computing, Inc. is in business to become one of the leading cloud computing companies in the whole of San Diego – California and we are aware that it will take the right facility, management and organizational structure to achieve our goal.
We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all our stake holders. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more.
Our business will not be built only for the purpose of giving our clients value for their money, but also we will ensure that we make our work environment highly conducive for all our employees. We will provide them with facilities that will help them stay motivated and deliver on their various tasks and goals et al.
In view of that, we have made provisions for the following positions to be occupied by highly qualified and experienced staff;
- Chief Executive Officer / Lead Consultant
Cloud Computing Specialist
- Admin and Human Resources Manager
- Accountant / Cashier
- Marketing and Sales Officer
- Customer Care Executive / Front Desk Officer
5. Job Roles and Responsibilities
Chief Executive Office:
- Increases management’s usefulness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions.
- Builds, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Accountable for fixing prices and signing business deals
- Responsible for providing direction for the business
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Answerable for handling core services such as web based cloud computing, infrastructure as a Service (IaaS), software as a service (SaaS), platform as a service (PaaS), utility services, managed services, service commerce, hardware as a service, and workplace as a service et al.
- Handles any other services as assigned by the chief executive officer
Admin and HR Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Designs job descriptions with KPI to drive performance management for clients
- Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
- Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
- Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
- Defines job positions for recruitment and managing interviewing process
- Carries out induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversees the smooth running of the daily office activities.
Marketing and Sales Officer (2)
- Identifies, prioritizes, and reaches out to new clients, and business opportunities et al
- Recognizes development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of projects.
- Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
- Responsible for handling business research, market surveys and feasibility studies for clients
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Develops, executes and evaluates new plans for expanding sales
- Documents all customer contact and information
- Represents the organization in strategic meetings
- Helps to increase sales and growth for the organization.
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
- Responsible for financial forecasting and risks analysis.
- Performs cash management, general ledger accounting, and financial reporting for the organization
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
- Handles all financial transactions for the organization
- Serves as internal auditor for the organization.
Client Service Executive
- Welcomes clients by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the organization’s services
- Manages administrative duties such as membership registrations and other related tasks assigned by the management in an effective and timely manner
- Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
- Distributes mails in the organization
- Handles any other duties as assigned the line manager
6. SWOT Analysis
Silver Lining® Cloud Computing, Inc. is in business to provide cloud computing services to businesses within and outside the United States and at the same time to make profits. We are aware that there are competitions in the cloud computing line of business which is why we took out time to conduct an effective SWOT Analysis before investing our hard earned money into the business.
We know that if we get things right before starting our business, we will not have to struggle before attracting loyal clients and building our clientele base to a level where we can easily breakeven. We hired the services a Business consultant with bias in business structuring to help us conduct SWOT analysis for our company and he did a pretty good job for us.
Here is a of the result we got from the SWOT analysis that was conducted on behalf of Silver Lining® Cloud Computing, Inc.;
Our core strength lies in the power of our workforce. We have a team of creative, result driven and highly proficient cloud computing experts, a team with excellent qualifications and experience in various niche areas in the cloud computing and other related industry. Aside from the synergy that exists in our carefully selected workforce, our services will be measurable, result driven and guided by international best practices in the industry.
As a new cloud computing company in San Diego – California, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated and highly competitive ICT services industry; that is perhaps our major weakness. Another weakness is that we may not have the required cash to pump into promoting our business especially via main stream media.
The opportunities available to cloud computing companies are massive considering the number of corporate organizations that cannot successfully run their businesses without the professional assistance of cloud computing companies. As a standard cloud computing company, we are ready to take advantage of any opportunity that is available in the industry.
Some of the threats that we are likely going to face as a cloud computing company operating in the United States are unfavorable government policies , the arrival of a competitor within our location of operations and global economic downturn which usually affects purchasing/spending power. There is hardly anything we can do as regards these threats other than to be optimistic that things will continue to work for our good.
7. MARKET ANALYSIS
- Market Trends
Quite a number of distinct trends have emerged in the ICT services industry which is why cloud computing companies are positioning their organizations to survive the peaks and troughs of an ailing economy. As a matter of fact, most of these trends aid cloud computing organizations to become more creative, competitive, efficient, and productive in a global market. Some other trends in the ICT services industry could be attributed to changing demographics, attitudes and work styles.
The services or applications organizations are moving to the cloud are largely dependent on company size and industry. For instance, storage is the primary service for 40 percent of small businesses and 35 percent of mid-sized businesses, whereas large businesses and the federal government are first and foremost going to the cloud for conferencing and collaboration applications (40 percent and 39 percent, respectively). Organizations are also turning to the cloud for messaging, office and productivity suites, business process apps and computer power.
As the cost of cloud computing services continues to increase and as corporate spending falls, new cloud computing delivery methods will continue to emerge and gain momentum going forward. In addition, the market for cloud computing has shifted from a sellers’ market to a buyers’ market.
Lastly, it is now becoming trendy in the ICT services industry for smaller cloud computing companies to merge with bigger companies and for bigger cloud computing companies to acquire smaller companies; mergers and acquisitions. Many cloud computing companies all over the United States are coming to the conclusion that the bigger the better for them.
8. Our Target Market
Although Silver Lining® Cloud Computing, Inc. will initially serve small to medium sized businesses, from new ventures to well established businesses, but that does not in any way stop us from growing to compete with the leading cloud computing companies in the United States and on the global stage. We hope to someday merge with or acquire other smaller cloud computing companies and expand our cloud computing services beyond the shores of the United States of America.
As a full service business, Silver Lining® Cloud Computing, Inc. has a variety of practice areas to help startups grow. While we work with a variety of organizations and industries, we will also specialize in working with startups, real estate investors, and contractors, manufacturers and distributors, banks, lending and financial institutions.
We are coming into the industry with a business concept that will enable us work with the highly and lowly placed people and companies in the country. In other words, our target market is the whole of the United States of America and subsequently other parts of the world.
Below is a list of the people and organizations that we have specifically design our cloud computing services for;
- Banks, Insurance Companies and other related Financial Institutions
- Blue Chips Companies
- Corporate Organizations
- Retail Companies
- Manufacturers and Distributors
- Real Estate Owners, Developers, and Contractors
- Research and Development Companies
- The Government (Public Sector)
- Schools (High Schools, Colleges and Universities)
- Sport Organizations
- Religious Organizations
- Political Parties
- Television Stations
- Printing Press (Publishing Houses) and Authors
- Branding and Advertising agencies
- Entrepreneurs and Startups
Our Competitive Advantage
Surviving in the business world as a cloud computing business requires more than your expertise, knowing how to properly manage your business but also how to network with key people that can decide who will get a contract or business deal.
We are quite aware that to be highly competitive in the cloud computing line of business means that you are not only expected to deliver excellent services, but you must be result driven and able to meet set targets. No one would want to continue to hire your services if they can’t get tangible results.
Our competitive advantage lies in the power of our workforce. We have a team of creative, result driven and highly proficient cloud computing experts, a team with excellent qualifications and experience in various niche areas in the ICT Services industry and other related industry. Aside from the synergy that exists in our carefully selected cloud computing experts, our services will be measurable, result driven and guided by international best practices.
Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Silver Lining® Cloud Computing, Inc. is established with the aim of maximizing profits in the Silver Lining® Cloud Computing, Inc. and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis.
Silver Lining® Cloud Computing, Inc. will generate income by offering the following cloud computing services to organizations;
10. Sales Forecast
One thing is certain, there would always be corporate organizations, government agencies, non – profits and individuals who would need the services of cloud computing companies to help them improve their business system and processes.
We are well positioned to take on the available market in the cloud computing line of business and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our cloud computing company to enviable heights.
We have been able to critically examine the cloud computing market space, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in San Diego – California.
Below are the sales projections for Silver Lining® Cloud Computing, Inc., it is based on the location of our business and of course the wide range of our cloud computing services and target market;
- First Fiscal Year: $240,000
- Second Fiscal Year: $500,000
- Third Fiscal Year: $750,000
N.B : This projection was done based on what is obtainable in the computer cum ICT services industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same cloud computing services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
There are stiff competitions amongst cloud computing companies in the United States of America, hence we have been able to hire some of the best business marketers to handle our sales and marketing.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. We will also ensure that our excellent job deliveries speak for us in the market place; we want to build a standard cloud computing business that will leverage on word of mouth advertisement from satisfied clients.
Our goal is to grow our cloud computing company to become one of the top 20 cloud computing companies in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in the United States but in the world as well.
Silver Lining® Cloud Computing, Inc. is set to make use of the following marketing and sales strategies to attract clients;
- Introduce our business by sending introductory letters alongside our brochure to organizations and key stakeholders in San Diego – California and other parts of the United States
- Promptness in bidding for cloud computing contracts from the government and other cooperate organizations
- Advertise our business in relevant business magazines, newspapers, TV and radio stations
- List our business on yellow pages’ ads (local directories)
- Attend relevant international and local expos, seminars, and business fairs et al
- Create different packages for different categories of clients in order to work with their budgets and still deliver quality cloud computing services to them
- Leverage on the internet to promote our business
- Engage direct marketing approach
- Encourage word of mouth marketing from loyal and satisfied clients
11. Publicity and Advertising Strategy
We have been able to work with our in house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for both corporate and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our cloud computing company.
Below are the platforms we intend to leverage on to promote and advertise Silver Lining® Cloud Computing, Inc.;
- Place adverts on both print (newspapers and magazines) and electronic media platforms
- Sponsor relevant community based events/programs
- Leverage on the internet and social media platforms like Instagram, Facebook, twitter, YouTube, Google + et al to promote our services
- Install our billboards in strategic locations all around San Diego – California
- Distribute our fliers and handbills in target areas
- List our cloud computing company in local directories/yellow pages
- Advertise our services in our official website and employ strategies that will help us pull traffic to the site.
- Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo
12. Our Pricing Strategy
Hourly billing for cloud computing services is a long – time tradition in the industry. However, for some types of cloud computing services, flat fees make more sense because they allow clients to better predict consultancy costs. As a result of this, Silver Lining® Cloud Computing, Inc. will charge our clients a flat fee for many basic services.
At Silver Lining® Cloud Computing, Inc. we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to startups, nonprofits, cooperatives, and small social enterprises.
- Payment Options
The payment policy adopted by Silver Lining® Cloud Computing, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Silver Lining® Cloud Computing, Inc. will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via credit cards / Point of Sale Machines (POS Machines)
- Payment via online bank transfer
- Payment via check
- Payment via mobile money transfer
- Payment via bank draft
In view of the above, we have chosen banking platforms that will enable our client make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.
13. Startup Expenditure (Budget)
If you are looking towards starting a cloud computing company, then you should be ready to raise enough capital to cover some of the basic expenditure that you are going to incur. You would need money to secure a standard facility, to acquire relevant storage hardware and software and you would need money to pay your workforce and bills for a while until the revenue you generate from the business becomes enough to pay them.
The items listed below are the basics we would need when starting our cloud computing company in the United States;
- The total fee for registering the Business in the United States – $750.
- Legal expenses for obtaining licenses and permits – $1,500.
- Marketing promotion expenses for the grand opening of Silver Lining® Cloud Computing, Inc. in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of – $3,580.
- Cost for hiring Business Consultant – $2,500.
- Cost for computer software (Accounting Software, Payroll Software, CRM Software, Microsoft Office, and QuickBooks Pro et al) – $7,000
- Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $3,400.
- Cost for payment of rent for 12 months at $1.76 per square feet in the total amount of – $105,600.
- Cost for facility remodeling – $20,000.
- Other start-up expenses including stationery ( $500 ) and phone and utility deposits – ( $2,500 ).
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $500,000
- The cost for the purchase of furniture and gadgets (Internet server, Computers, Printers, Telephone, TVs, tables and chairs et al) – $4,000.
- The cost of launching a website and acquiring the needed hardware and software storage facility – $50,000
- Miscellaneous – $10,000
We would need an estimate of three hundred thousand dollars ( $300,000 ) to successfully set up our cloud computing in San Diego – California.
Generating Startup Capital for Silver Lining® Cloud Computing, Inc.
Silver Lining® Cloud Computing, Inc. is going to start as a partnership business that will be owned by Clarkson Duke and his friend and business partner David Shannon. They will be the sole financiers of the firm, but may likely welcome partners later which is why they have decided to restrict the sourcing of his startup capital to 3 major sources.
These are the areas we intend generating our startup capital;
- Generate part of the startup capital from personal savings
- Source for soft loans from family members and friends
- Apply for loan from the bank
N.B: We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
The future of any business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.
One of our major goals of starting Silver Lining® Cloud Computing, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to offer our cloud computing services and other related ICT advisory and consulting services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
Silver Lining® Cloud Computing, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
- Business Name Availability Check: Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts various banks in the United States: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance and software apps for the Business: Completed
- Securing and renovating a standard office facility: In Progress
- Conducting Feasibility Studies: Completed
- Generating part of the startup capital from the founder: Completed
- Applications for Loan from our Bankers: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents: In Progress
- Design of The Company’s Logo: Completed
- Printing of Promotional Materials: Completed
- Recruitment of employees: In Progress
- Purchase of the needed hardware and software storage facility, internet server, computers / laptops, furniture, office equipment, electronic appliances and facility facelift: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Establishing business relationship with key players in the industry: In Progress
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What is the Business Use Case for Cloud Financial Planning?
In the current business climate there is a large focus on how businesses can and should use cloud financial planning solutions to gather more accurate insight out of their data analytics and conduct their financial reporting/analysis . Many firms find themselves struggling to set quotas, create sales budgets, or conduct accurate sales and operations planning when using Excel spreadsheets. If we look at the key financial processes such as budgeting, planning, forecasting and reporting , an overwhelming number of businesses continue to depend on spreadsheets to perform these important functions; yet, most departments are aware that they spend too much precious time managing and organizing data, when they should be using those hours to actually conduct their financial reporting/analysis .
Cloud Financial Planning Helps Businesses Overcome the Challenges of Using Spreadsheets
The key challenges of using spreadsheets and email for financial reporting/analysis include:
- Excessive manual work – the process takes too long
- Lack of security sending budgeting spreadsheets via email
- Spreadsheets are error-prone, resulting in low data quality
- Limited reporting and analysis capabilities
Similar challenges are faced when using spreadsheets for financial consolidation and reporting:
- Too much time spent on data collection
- Challenges in consolidating multiple spreadsheets and correcting errors
- Limited reporting and analysis capabilities, and too much manual effort
- Not being compliant with US GAAP or IFRS
- Lack of controls and audit trails
- Lack of security
- Time-consuming and costly audit process
Research has shown that nearly 90% of spreadsheets contain some kind of error. If that alone wasn’t a big enough issue, the fact that many small businesses are juggling two or three financial reporting and analysis software programs , while mid-level companies may be juggling four to seven, should be.
Excel is a static financial reporting/analysis solution. It is unable to bring together these various programs and therefore creates a breeding ground for financial reporting/analysis errors. When companies have data that gets updated in real time for all users, it results in less iteration, fewer update delays, and more veracity in the data. In other words, integrating your data into one centralized source through a cloud-based financial dashboard is a genius way to ensure that fewer reporting errors rear their ugly heads.
Managing Financial Reporting/Analysis in the Cloud
Historically, most organizations have deployed packaged EPM applications for financial reporting/analysis on-premises. But many are now finding that this approach can be time-consuming and costly, especially for small and mid-sized organizations. This is fueling increasing interest and demand for cloud-based financial reporting/analysis .
Cloud-based solutions offer the same capabilities as on-premises solutions. In addition, they also provide a number of advantages over on-premises solutions:
- Speed of deployment
- Reduced reliance on IT
- Faster innovation
- No hardware or software to set up or maintain and upgrade over time
- Reduced up-front costs and lower ongoing cost of ownership
- Better security
Kepion Revenue Planning and Sales Forecasting Software automatically integrates with all your sales & demand data from your CRM or other systems, conducts what-if analysis based on different revenue scenarios and assumptions, models driver-based planning modules to drive costs, staffing, capital assets from the sales plan, and spreads values over time for upcoming revenue and sees immediate impact to bottom line. Kepion also covers the spectrum of cloud financial planning scenarios in need for dimensions such as product and customer, and for driver-based planning using variations of units times price.
Cloud Computing Business Plan Template
Writing a successful business plan for your cloud computing business + template.
If you’re looking to start or grow a cloud computing business, you need a business plan. Your plan will outline your business goals and strategies, and how you plan on achieving them. It will also detail the amount of funding you need, and if needed, present a case to investors and lenders regarding why they should invest in your business.
In this article, we’ll explain why you should invest the time and energy into creating a cloud computing business plan, and provide you with a cloud computing business plan template that includes an overview of what should be included in each section.
Why Write a Business Plan For a Cloud Computing Business?
There are many reasons to write a business plan for a cloud computing company, even if you’re not looking for funding. A business plan can help you see potential pitfalls in your business strategy, as well as identify opportunities you may not have considered. It can also help you track your progress and adjust your plans as needed.
That said, if you are looking for funding, a business plan is essential. Investors and lenders want to see that you have a solid understanding of your industry, your customers, and your competition. They also want to know that you have a realistic view of your financial situation and how much money you’ll need to get started.
How To Write a Business Plan For a Cloud Computing Business
While every business plan is different, there are 10 essential components that all cloud computing business plans should include:
Company description, industry analysis, customer analysis, competitor analysis, marketing plan, operations plan, management team, financial plan.
Keep in mind that you’ll need to tailor this information to your specific type of cloud computing business, but these 10 components should be included in every plan.
The executive summary is the first section of your business plan, but it’s often written last. This is because it provides an overview of the entire document.
In the executive summary, briefly explain what your business does, your business goals, and how you plan on achieving them. You should also include a brief overview of your financial situation, including how much money you’ll need to get started.
For organizational purposes, you could create headings for each main section of your business plan to highlight the key takeaways.
For example, your cloud computing executive summary might look something like this:
[Insert Company Introduction / Short Summary]
[Insert Business Goals & How You Plan To Achieve Them]
[Insert Industry Statistics on the Size of Your Market]
[Insert Overview of Competitors & Your Competitive Advantage]
[Insert Information About The Marketing Strategies You Will Use To Attract Clients/Customers]
You can add and/or remove sections as needed, but these are the basics that should be included in every executive summary.
The next section of your cloud computing business plan is the company description, where you’ll provide an overview of your business.
Include information about your:
- Company History & Accomplishments To Date
Mission Statement and/or Company Values
With regards to the company overview, here you will document the type of cloud computing company you operate. For example, there are several types of cloud computing companies such as:
- SaaS (Software as a Service)
- PaaS (Platform as a Service)
- IaaS (Infrastructure as a Service)
For example, a cloud computing company description might look something like this:
We are an X type of cloud computing company.
If an existing company: Since launching, our team has served X customers and generated $Y in revenue.
If startup: I conceived [company name] on this date. Since that time, we have developed the company logo, found potential space, etc.
This is just an example, but your company description should give potential investors a clear idea of who you are, what you do, and why you’re the best at what you do.
The next section of your business plan is the industry analysis. In this section, you’ll need to provide an overview of the industry you’re in, as well as any trends or changes that might impact your business.
Questions you will want to answer include:
- What is the overall size of the cloud computing industry?
- How is the industry growing or changing?
- What are the major trends affecting the cloud computing industry?
- Who are the major players in the cloud computing industry?
For example, your industry analysis might look something like this:
The size of the cloud computing industry is $XX billion.
It is currently growing at an annual rate of more than 20%.
This rapid development is being driven by the country’s strong economic growth, which is expected to continue in the coming years.
Major trends affecting the industry are the ever-growing popularity of social media platforms, the increase in online spend by consumers, and the continued growth of the e-commerce industry.
How We Fit Into The Industry
This is just an example, but your industry analysis should give potential investors a clear idea of the overall industry, and how your company fits into that industry.
The next section of your cloud computing business plan is the customer analysis. In this section, you’ll need to provide an overview of who your target customers are and what their needs are.
- Who are your target customers?
- What are their needs?
- How do they interact with your industry?
- How do they make purchasing decisions?
You want a thorough understanding of your target customers to provide them with the best possible products and/or services. Oftentimes, you will want to include the specific demographics of your target market, such as age, gender, income, etc., but you’ll also want to highlight the psychographics, such as their interests, lifestyles, and values.
This information will help you better understand your target market and how to reach them.
For example, your customer analysis might look something like this:
Target Market & Demographics
The demographic (age, gender, location, income, etc.) profile of our target cloud computing customer is as follows:
– Age: 25-44
– Gender: Male/Female
– Location: United States
– Income: $50,000+
– Education: College
Our core customer interests are as follows:
– Technology: They are early adopters of new technology and trends
– Social Media: They use social media platforms regularly
– Business: They are small business owners or work in small businesses
– E-commerce: They are comfortable making purchases online
In summary, your customer analysis should give potential investors a clear idea of who your target market is and how you reach them.
The next section of your business plan is the competitor analysis. In this section, you’ll need to provide an overview of who your major competitors are and their strengths and weaknesses.
- Who are your major competitors?
- What are their strengths and weaknesses?
- How do they compare to you?
You want to make sure that you have a clear understanding of your competition so that you can position yourself in the market. Creating a SWOT Analysis (strengths, weaknesses, opportunities, threats) for each of your major competitors helps you do this.
For example, your competitor analysis might look something like this:
XYZ Company is our major competitor. Its offerings include this, this and this. Its strengths include XYZ, and its weaknesses include XYZ.
Your competitor analysis should give potential lenders and investors a clear idea of who your major competitors are and how you compare to them.
The next section of your business plan is the marketing plan. In this section, you’ll need to provide an overview of your marketing strategy and how you plan on executing it.
Specifically, you will document your “4 Ps” as follows:
- Products/Services : Here is where you’ll document your product/service offerings.
- Price : Detail your pricing strategy here.
- Place : Document where customers will find you and whether you will use distribution channels (e.g., partnerships) to reach them.
- Promotion : Here you will document how you will reach your target customers. For instance, cloud computing businesses often reach new customers via promotional tactics including search engine optimization (SEO), search engine marketing (SEM), content marketing, influencer marketing, etc.
For example, your marketing plan might look something like this:
We offer the following products/services:
We will use a premium pricing strategy to establish ourselves as the highest quality brand.
We will serve customers directly and through a partnership with XYZ company.
As you can see, your marketing plan should give potential investors a clear idea of your marketing objectives, strategies, and tactics.
The next section of your business plan is the operations plan. In this section, you’ll need to provide an overview of your company’s day-to-day operations and how they will be structured.
- What are your company’s daily operations?
- How are your company’s operations structured?
- Who is responsible for each task?
Your operations plan should be detailed and concise. You want to make sure that potential investors have a clear understanding of your company’s day-to-day operations and how they are structured.
You will also include information regarding your long-term goals for your operations and how you plan on achieving them.
For example, your operations plan might look something like this:
Our company’s daily operations include XYZ.
Our company is structured as follows:
- Department 1
- Department 2
- Department 3
Each department is responsible for XYZ tasks.
Our long-term goals for our operations are to achieve the following over the next five years.
Date 1: Goal 1
Date 2: Goal 2
Date 3: Goal 3
Date 4: Goal 4
Your operations plan should give readers a clear idea of your company’s day-to-day operations, how they are structured, and your long-term goals for the company.
The next section of your business plan is the management team. In this section, you’ll need to provide an overview of your management team and their experience.
- Who is on your management team?
- What are their qualifications?
- What is their experience?
Your management team ideally includes individuals who are experts in their respective fields. You want to make sure that lenders and investors have a clear understanding of your management team’s qualifications and experience, and feel they can execute on your plan.
For example, your management team might look something like this:
Our management team is comprised of the following X individuals with the following experience.
Team Member 1:
Team member 1’s qualifications and experience include XYZ.
Team Member 2:
Your management team should give potential lenders and investors a clear idea of who is on your team and how their qualifications and experience will help your company succeed.
The final core section of your business plan is the financial plan. In this section, you’ll need to provide an overview of your company’s financials.
- What are your company’s projected revenues?
- What are your company’s projected expenses?
- What is your company’s projected growth rate?
- How much funding do you need and for what purposes? For example, most startup cloud computing businesses need outside funding for capital expenditures (CAPEX), such as servers, and working capital (OPEX), such as salaries.
Your financial plan should give potential investors a clear understanding of your company’s financials. While you may include a summary of this information in this section, you will include full financial statements in the appendix of your business plan.
For example, your financial plan might look something like this:
Our company’s projected revenues over the next five years are $XYZ.
Expenses & Net Income
Our company’s projected expenses and net income over the next five years are $XYZ.
Uses of Funding
This is just an example, but your financial plan should give potential investors a clear idea of your company’s financial projections.
The final section of your business plan is the appendix. In this section, you’ll need to provide any additional information that was not included in the previous sections.
This may include items such as:
- Full financial statements
- Resumes of key management team members
- Letters of reference
- Articles or press releases
- Marketing materials
- Product information
- Any other relevant information
By including this information in the appendix, you are allowing potential investors and lenders to learn more about your company.
In summary, writing a cloud computing business plan is a vital step in the process of starting and/or growing your own business.
A business plan will give you a roadmap to follow. It can also help you attract investors and partners.
By following the tips outlined in this article, you can be sure that your business plan will be effective and help you achieve your goals.
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LivePlan helps put your ideas and beliefs on paper in a professional & organized manner. It guides you through planning, organizing, and monitoring your plan.
Sep. 2, 2023
I didn't only get value for the money paid but also got the best customer service experience as well. And of course, I'm sticking to LivePlan forever.
Aug. 14, 2023
Using LivePlan since March 2015, I've created precise financial plans and business strategies for ventures of all sizes. It's the perfect tool for rapid evaluation, eliminating the risk of spreadsheet errors.
Jul. 7, 2023
It's a great Financial planning software. It can also sync with Xero and Quickbooks.
Jun. 17, 2023
If you are looking to create a Business Plan then don't waste any time, buy LivePlan as it will make your life so much easier and save you days of work!
Jun. 28, 2022
A great tool for entrepreneurs with non-finance backgrounds. We all have business ideas but long-term planning is a challenge. LivePlan makes it simple and easy.
Jun. 24, 2022
I had put off writing a plan because I dreaded the research and didn't really know what I was doing. Because of you, I now have a comprehensive, professional-looking business plan.
May 24, 2022
Overall experience with LivePlan is awesome. Very informative and easy to read. Plans come with templates and other examples you can use to build your plan.
Deonta from Texas
May 11, 2022
The best part for me is the feeling of confidence it gave me. It really made me feel like my goals and even dreams were actually possible to reach.
Mar. 29, 2022
LivePlan was a lifesaver when starting our business! It helped us make a business plan and financial projections to show others, and everyone was blown away.
The Silver Fern Shop
Jan. 27, 2022