When it comes to very widely known IT buzzwords, (AI) artificial intelligence is the one which at moment solving many problems related to many industries. From finance to healthcare, manufacturing to retail industries have figured out ways to converted pain points into innovative solutions.
This step is building a new change where expenditure on cognitive and AI systems likely to rise at a speed of bullet train till the year 2022. The one area where the influence of artificial intelligence is touched, a global cloud computing market. The hype of cloud computing is helping to benefit all markets and shown as a symbol of honor. For newly established companies, the aptitude to march directly to cloud infrastructure has permitted them. Many of the corporations have failed to build their intricate heritage systems.
Using more influential and advance infrastructure, organization whether large size or small, any location or industry can reach the top of the global industry. This created democratization of latest technologies such as AI, Deep Learning etc. The various unique sectors using this wonderful development language has become playground of the innovations in IT industries.
AI abilities are depending on the large amount of premium data. With fresh strength of cloud computing, companies can collect, store, process, and analyze data in size.
In short, if cloud is better, AI is better.
Amidst all the excitement its worth taking a deep breath and understanding that AI is not a silver-bullet or a panacea to any-and-all IT woes. As with any technology, AI is a tool, and one that will only work effectively when it has a clear business aim. Context is everything, and for the best results AI must be directed towards a tangible output.
AI is the technology only works when businesses have a clear objective. Business step by step plan is important. For desired results, AI must be invested in the directions of concrete output.
To understand issues related to AI implementation is through with the help of the example of jacket shopping. Nobody buys a jacket without knowing which type of jacket and when they want to use it. It is unsuitable to use the winter jacket for a summer trip and travel. In the same way, AI can be implemented in the wrong context. To solve problems your business is facing, it is important to have crystal clear considerations of issues. This will lead to finding an appropriate AI solution.
Many businesses have experienced and learned a lesson because of their contact with cloud computing. Cloud computing was always a “must have” technology though many businesses were not clear about why this is the case. It may sound strange now – but once when cloud computing is the default option – most of the early deployments was unsuccessful. Turning into exaggeration, businesses invested in the cloud without knowing why they were undertaking it or stating what a fruitful implementation seems like for their organizations.
It is important to note that growth of cloud computing has permitted the AI sector to prosper, addition in AI is now building the cloud industry forward. As AI becomes more systematic it requires even many strong platforms to work on. The cloud industry has been excited in its response, with cloud implementation serving to improve the industry to new levels.
As cloud becomes stronger, access to AI is more common as the infrastructure required to install these services are more easily available and cheaper.
Crucially, cloud computing using AI isn’t a radical or revolutionary change. In many respects, it’s an evolutionary one. For many organizations, it has been a seamless integration from existing systems, with AI investment gathering pace quickly. Over the next few years, we can expect to see the industry continue to boom, with AI driving cloud computing to new heights, while the cloud industry helps bring the benefits of AI to the mainstream. Collaboratively, AI and cloud computing will become the twin-turbo drive engine to smarter businesses. Importantly, cloud computing with AI is not a deep-seated or innovative change. It is a gradual one. For many businesses, this journey has been continuous addition from current systems where AI addition picking up speed swiftly. In the coming years, we can able to see a significant boost in AI technology in the IT industry. Also, artificial intelligence pushing computing to top heights. On the other hand, cloud industry support taking the features of AI to the mainline. Collectively, AI and cloud computing will develop into a dual-turbo engine to better businesses.
Work 365 is a Customer Experience Platform and built for Microsoft CSP Partners to scale and grow their cloud business. Built on Dynamics 365, Cloud Automation Platform, Work 365 helps you to deliver exceptional Customer Service, Increase Profit Margins, and Streamline Accounting and Sales.
Cloud Computing provides a lot of plus points for end-customers. This helps them to create fully accessible IT environments with no need to finance in a hardware and licenses. Cloud services resellers can generate revenue as they build a constant source of monthly subscription profits rather than build a high-risk application which can turn into the possibility of failure. To receive complete advantages of these characteristics, cloud service providers need to allow clients to access technology and keep the own processes in the line too.
Previously when resellers just sold licenses, they did that simply. Each license is an assurance by the client for a longer duration of time and with no flexibility. If they need to do more? They just bought additional licenses. In most of the cases, the billing scenario is handled by the vendor, so any manageable discounts rely on what the vendor provided, not on the reseller. The licensing model was inflexible, a requirement such as purchasing short term services was not very common.
Nowadays, cloud computing has influenced a cloud scalability. For customers, it is not required to buy new licenses to expand their IT potentials. Short time period expansions are now available, with subscriptions which can be canceled on anytime. A mixture of services has largely expanded. It is not just about the catalog of independent licenses that client buy. They are collecting a large collection of cloud services that reseller will have to combine. Vendors can charge reseller for cloud services, it can be a Pay-Per-Usage or Pay-as-you-Go scheme. This has a heavy impact on Total Price of Ownership Calculationscustomers wants to make. Cloud service providers differentiate on the cost of services they provide with respect to Google Cloud to Amazon Web Services to Microsoft Azure.
This results in more complexity on the side of the cloud solution provider. IT services are not related to an only single cloud environment, customers want the best services available. It is no longer advantageous to leave the billing to individual vendors. So, the first characteristics of any billing system used by resellers are that it can integrate a large number of various services and merge them in a single periodical invoice. For example, Invoice should consider the client used services, payment scheme applied and any discounts for using various services of the same vendor.
The successful billing process which allows the flexibility and scalability that end customers are familiar to. If service is provisioned, then it needs to be added immediately and closed when the customer finishes use of service. This result in a complex pricing calculation. Also, the end customer need complete visibility about how much the provisioning will cost.
It is not possible that someone can simply calculate these costs by hand and create the invoices. This process should be fully automated. Other than leveraging the flexibility and scalability of the cloud, automation provides more benefits. Billing automation allows the cloud reseller to provide discounts that fortunate in building specific relationships. Billing automation can bring structure which will be valuable in enhancing the efficiency of the whole business.
Work 365 is a Customer Experience Platform and built for Microsoft CSP Partners to scale and grow their cloud business. Built on Dynamics 365, Work 365 helps you to deliver exceptional Customer Service, Increase Profit Margins, and Streamline Accounting and Sales. Using Work 365 – Microsoft CSP Billing Automation Software, CSPs can transform their way of doing Subscription Billing and Invoicing completely.