Learn About The 4 Main Types of Cloud-Based Computing Services

What are Cloud-based computing services?

Cloud-based computing services are a type of internet-based computing that provide users with access to a virtualized computing environment. In a cloud computing system, there is a pool of physical or virtual resources that users can access and use on demand. These resources may include storage, networking, computing power, and applications.

There are three types of cloud computing: public, private, and hybrid.

    • Public cloud computing refers to the use of public cloud services, which are owned and operated by third-party companies. These companies provide access to their cloud services over the Internet.
    • Private cloud computing refers to the use of private cloud services, which are owned and operated by a single company. These companies provide access to their cloud services over a private network.
    • Hybrid cloud computing refers to the use of both public and private cloud services. These companies provide access to their cloud services over a hybrid network, which combines the features of both public and private networks.

There are many benefits of cloud-based services, including the ability to scale resources on demand, pay-as-you-go pricing, and increased flexibility and agility. Additionally, cloud-based services can help organisations reduce their IT costs by eliminating the need to purchase and maintain expensive hardware and software.

What are the advantages of Cloud-Based Computing Services?

Cloud computing uses a network of remote servers hosted on the Internet to store, manage, and process data rather than a local server or a personal computer. Cloud computing relies on sharing of resources to achieve coherence and economies of scale, similar to a public utility. The cloud model comprises five essential characteristics, three service models, and four deployment models. Three Service Models: Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Four Deployment Models: private cloud, public cloud, community cloud, and hybrid cloud.

There are many advantages of cloud-based services. 

    • One of the main advantages is that it can help organizations save money. With cloud-based services, organizations can avoid the high upfront costs associated with traditional on-premises computing infrastructure. Additionally, cloud-based services can be scaled up or down quickly and easily to meet changing needs, which can further help organizations save money.

    • Another advantage of cloud-based services is that they can improve organizational agility. With cloud-based services, new applications and services can be deployed quickly and easily. This can help organizations keep up with the latest market trends and better meet the needs of their customers. Additionally, cloud-based services can make it easier for organizations to experiment with new technologies and applications.

    • Finally, cloud-based services can improve security. With cloud-based services, organizations can benefit from the expertise of the service provider in areas such as data security and disaster recovery. Additionally, cloud-based services can make it easier for organizations to comply with data security and privacy regulations.

What are the 4 main types of Cloud-Based Computing Services?

Cloud-based computing services are delivered over the internet and provide users with access to a virtual environment that can be used to store, manage, and process data. There are four main types of cloud-based computing services:

1. Infrastructure as a Service (IaaS):

Infrastructure as a Service (IaaS) is a cloud computing model in which a service provider delivers computer infrastructure—including servers, storage, networking, and data center facilities—to its customers on a pay-as-you-go basis. IaaS is one of three main categories of cloud computing services, alongside Platform as a Service (PaaS) and Software as a Service (SaaS).

IaaS providers typically own and operate the underlying hardware and software resources, and customers access those resources via the Internet. This model enables customers to avoid the upfront capital expense of purchasing and managing their own infrastructure, and pay only for the resources they use on an as-needed basis. 

2. Platform as a Service (PaaS):

Platform as a Service (PaaS) is a cloud-based computing service that provides users with a platform for developing, testing, and deploying applications. PaaS is typically offered as a subscription service, and users can access the platform via a web-based interface or a set of APIs. PaaS services can include everything from simple application hosting to complex data processing and analytics.

PaaS is a popular option for developers who want to focus on building applications, without having to worry about managing the underlying infrastructure. PaaS can also be a cost-effective way to scale applications, as users only pay for the resources they use.

Some of the most popular PaaS providers include Amazon Web Services, Google App Engine, and Microsoft Azure.

3. Software as a Service (SaaS):

SaaS is a cloud-based computing service that allows users to access and use software applications over the internet. These applications are typically hosted by the service provider and delivered to users on a pay-as-you-go basis.

SaaS is a convenient and cost-effective way for businesses to access the latest software applications and tools, without the need for expensive on-premises hardware or software licenses. SaaS applications are also easy to set up and use, and can be accessed from any internet-connected device.

The SaaS model has become increasingly popular in recent years, as businesses of all sizes look to take advantage of the many benefits it offers.

4. Storage as a Service (STaaS):

Storage as a Service (STaaS) is a cloud-based computing service that provides users with a platform for storing, managing and accessing data. STaaS is a scalable, pay-as-you-go service that offers users a flexible and cost-effective way to store and access data. STaaS is designed to meet the needs of businesses of all sizes and can be customized to meet the specific needs of each business.

How to make the best use of Cloud-Based Computing Services for your business?

There are many different cloud-based computing services available, and the best one for your business will depend on your specific needs. To make the most of these services, you’ll need to carefully consider what your business needs and how the various services can best meet those needs.

For example, if you need a lot of storage space for your business data, you’ll want to choose a service that offers plenty of storage space. If you need to be able to access your data from anywhere, you’ll want to choose a service that offers cloud-based computing services.

No matter what your specific needs are, there’s a cloud-based computing service that can help your business. By taking the time to find the right service for your business, you can make sure that you’re getting the most out of these services.

How can Futran Solutions help you?

Futran Solutions has a lot to offer when it comes to cloud computing. They can help you with everything from setting up your infrastructure to managing your data. They also offer a variety of services that can help you save money and increase efficiency. In addition, Futran Solutions is always innovating and expanding their services, so you can be sure that they will always be able to meet your needs. 

If you’re looking for help with cloud computing, Futran Solutions is the perfect partner. We have a team of experts who can help you with everything from migrating your data to the cloud to managing your cloud-based applications. We can also help you optimize your cloud infrastructure for maximum efficiency and performance.

Conclusion –Cloud-Based Services are very useful to a business. You just have to do the research and the hard work of finding the right type of Cloud-Based Computing Services for you! If you are still unaware on what is the Cloud-Based Computing service for you, you should definitely reach out to the experts at Futran Solutions. 

    • Simplifying patient appointment scheduling
    • Speeding up account settlements
    • Streamlining claims management
    • Implementing discharge instructions
    • Recording audit procedures
    • Improving the healthcare cycle

RPA in Insurance

RPA in Insurance helps improving transactional, administrative tasks which are repetitive, high volume and rules-based activities by building a high-growth responsive business. Adopting RPA in Insurance sets the industry to become more customer-centric and efficient to help insurers by integrating new front-end technologies with back-office environments. Here are few uses cases for RPA in Insurance.

    • New Business & Underwriting

    • Claims Processing

    • Business and Process Analytics

    • Manual Data Entry Process

    • Usage of Legacy Applications

    • Regulatory Compliance

What are the Benefits of RPA?

RPA helps you to include flexibility, agility, adaptation, and price potency into your business processes.

    • Enable you to scale operations: Unlike humans, Robots can work longer hours without any breaks.

    • Saves time: Using a robotic application helps to reduce human errors and the time required correct them which leads to better customer experiences.

    • Cost Effective: Surveys estimated that RPA deployment is cost effective.

    • Minimizes IT department interference: With the help of RPA employees are allowed to train and manage their own robotic assistants using RPA.

    • Ensures there are no extra infrastructure costs: As there is no significant changes required to the infrastructure by implementing RPA in finance and banking.

    • Increases human employee efficiency: As per the studies, robots can work up to five times faster than humans on specific tasks which results in time saving and increasing the job satisfaction.

    • Reduces human error: Financial RPA increase output quality by eliminating human errors that happens due to human nature.

What are the Challenges of RPA?

    • Organisations have struggled to deploy RPA automation process as it is easy to implement but hard to manage.

    • A big challenge to automate end-to-end processes as many RPA tools may be insufficient to automate all the process steps.

    • Technical ambiguity: RPA installation is very easy and therefore it is one of the key features of RPA. For the successful RPA deployment, it is important to conduct in-depth research to resolve technical and functional queries.

Conclusion – Leveraging AI and RPA enables faster decision-making and reduces the chances for human bias by improving efficiency for organizations across the industries such as Insurance, Finance and Healthcare. Futran solutions is the best RPA solutions provider to automate your business processes and facilitate digital transformation rapidly. Learn more about how companies can successfully implement digitalisation to scale their operational excellence.

Deploying RPA for Finance, Healthcare and Insurance

What is Robotic Process Automation (RPA)?

Robotic process automation (RPA) is a technology application that automates business activities using business logic and structured inputs. RPA technology simplifies design, deploy and manage Software robots. RPA will partly or fully automatise manual, rule-based, and repetitive human processes. It works by simulating the behaviors of a real person engaging with one or more software applications to perform various tasks like data entry, standard transaction processing or responding to simple client service queries.

Robotic process automation services are often confused with artificial intelligence (AI), but both are different. AI is combination of automation, machine learning (ML), natural language processing (NLP), reasoning, hypothesis generation and analysis.

How Does RPA Work?

Automation process technologies like RPA enable information through legacy systems by integrating with other applications through front-end integrations. So, it helps the automation platform to work like a human worker to work on some routine tasks such as logging in and copying and pasting from one system to another.

To process automation technology like RPA software, include following core capabilities:

    • Low-code capabilities to build automation scripts
    • Integration with enterprise applications
    • Orchestration and administration including configuration, monitoring and security

RPA in BFSI (Banking and Financial Services)

Robotic Process Automation is processed in different industries such as Banking and Financial services, healthcare, manufacturing and Insurance sectors. According to Gartner research, more than 80% of enterprises in Banking and Financial sector are using RPA for various purposes. Here are some of the most prominent benefits of financial process automation:

Banking was one of the prominent industries to accelerate the automation implementation

Here are some of the RPA Use cases in banking and finance industry.

    1. RPA for report generation

    2. RPA for accounts payable

    3. RPA for mortgage processing
    4. RPA in know your customer (KYC)

    5. RPA in fraud detection

RPA in Healthcare

While it is mandatory to maintain the accuracy and compliance of all internal processes for many health care companies as they prefer customers’ health and well-being first and foremost criteria for them. So, here are some of the RPA use cases in Health care industry. By leveraging on RPA in healthcare many healthcare providers in the world use robotic process automation to streamline information management, insurance claim processing and other processes for improved experience

    • Simplifying patient appointment scheduling
    • Speeding up account settlements
    • Streamlining claims management
    • Implementing discharge instructions
    • Recording audit procedures
    • Improving the healthcare cycle

RPA in Insurance

RPA in Insurance helps improving transactional, administrative tasks which are repetitive, high volume and rules-based activities by building a high-growth responsive business. Adopting RPA in Insurance sets the industry to become more customer-centric and efficient to help insurers by integrating new front-end technologies with back-office environments. Here are few uses cases for RPA in Insurance.

    • New Business & Underwriting

    • Claims Processing

    • Business and Process Analytics

    • Manual Data Entry Process

    • Usage of Legacy Applications

    • Regulatory Compliance

What are the Benefits of RPA?

RPA helps you to include flexibility, agility, adaptation, and price potency into your business processes.

    • Enable you to scale operations: Unlike humans, Robots can work longer hours without any breaks.

    • Saves time: Using a robotic application helps to reduce human errors and the time required correct them which leads to better customer experiences.

    • Cost Effective: Surveys estimated that RPA deployment is cost effective.

    • Minimizes IT department interference: With the help of RPA employees are allowed to train and manage their own robotic assistants using RPA.

    • Ensures there are no extra infrastructure costs: As there is no significant changes required to the infrastructure by implementing RPA in finance and banking.

    • Increases human employee efficiency: As per the studies, robots can work up to five times faster than humans on specific tasks which results in time saving and increasing the job satisfaction.

    • Reduces human error: Financial RPA increase output quality by eliminating human errors that happens due to human nature.

What are the Challenges of RPA?

    • Organisations have struggled to deploy RPA automation process as it is easy to implement but hard to manage.

    • A big challenge to automate end-to-end processes as many RPA tools may be insufficient to automate all the process steps.

    • Technical ambiguity: RPA installation is very easy and therefore it is one of the key features of RPA. For the successful RPA deployment, it is important to conduct in-depth research to resolve technical and functional queries.

Conclusion – Leveraging AI and RPA enables faster decision-making and reduces the chances for human bias by improving efficiency for organizations across the industries such as Insurance, Finance and Healthcare. Futran solutions is the best RPA solutions provider to automate your business processes and facilitate digital transformation rapidly. Learn more about how companies can successfully implement digitalisation to scale their operational excellence.

Salesforce Automation: How it can Help Your Business?

What is Salesforce Automation exactly?

Salesforce automation uses software to automate sales tasks, including customer relationship management (CRM), order processing, and inventory management. Businesses can improve efficiency and productivity by automating these tasks, freeing employees to focus on more strategic tasks.

Salesforce automation software typically includes a CRM system, which helps businesses manage customer data, track sales opportunities, and automate marketing and customer service processes. Order processing and inventory management features can also help businesses automate sales.

Salesforce automation has several benefits, including improved efficiency and productivity, greater visibility into sales data, and reduced manual data entry. Automating sales tasks can also help to improve customer service levels by giving employees more time to focus on customer interactions.

What should I keep in mind before considering Salesforce Automation for my business? 

Salesforce automation automates the sales process from start to finish. This can include tasks like lead generation, contact management, opportunity management, quote and proposal generation, and invoice creation. Automating the sales process can help businesses close more deals in less time and improve the overall efficiency of their sales teams.

If you’re considering salesforce automation for your business, there are a few things to remember. 

    • First, choosing a software solution that meets your business needs is important. There are several different sales force automation software solutions on the market, so it’s important to compare features and prices to find the right fit for your business.
    • Second, salesforce automation requires a significant investment of time and resources to implement and maintain. Be sure to factor in the costs of training employees on the new system and the ongoing costs of support and maintenance.
    • Third, salesforce automation can majorly impact your business, so it’s important to carefully consider the potential benefits and risks before making a decision. Salesforce automation can be a powerful tool for businesses, but it’s only right for some organisations. Carefully weigh the pros and cons to decide if salesforce automation is right for your business.

How can Salesforce Automation help your business?

Salesforce automation can help your business in many ways. It can automate your sales processes, including lead generation, follow-up, and closing. It can also help you manage your customer relationships more effectively. Additionally, Salesforce automation can provide valuable insights into your sales data, allowing you to make more informed decisions about your business. Ultimately, Salesforce automation can help you increase your sales and improve your overall business operations.

How does Salesforce Automation benefit your business?

Salesforce automation provides several advantages for businesses. Perhaps most importantly, it can help to improve sales productivity by automating key sales tasks and processes. This can allow salespeople to focus on more important tasks like prospecting and building relationships. Additionally, salesforce automation can help improve data quality and accuracy and provide valuable insights through data analytics. Ultimately, using salesforce automation can help businesses to improve their overall sales performance.

Salesforce automation is a powerful tool that can help businesses increase sales and improve customer satisfaction. There are many advantages to using salesforce automation, including 

    1.  Increased sales: Salesforce automation can help businesses increase sales by automating lead generation, follow-up, and closing tasks.

    2. Improved customer satisfaction: Salesforce automation can help businesses improve customer satisfaction by providing customer relationship management (CRM) and customer service tools.

    3. Increased efficiency: Salesforce automation can help businesses increase efficiency by automating sales and marketing, customer service, and administrative tasks.
    4. Reduced costs: Salesforce automation can help businesses reduce costs by automating tasks and eliminating the need for manual processes.

    5. Increased flexibility: Salesforce automation can help businesses increase flexibility by providing features such as customisable workflows and reports.

How can you integrate salesforce automation into your business?

Salesforce automation can help your business in several ways. For one, it can help you keep track of your sales data and customer information in one place. This can save you time and effort to Manually input this data into your system. Additionally, salesforce automation can help you manage your sales pipeline more effectively. Having all of your data in one place can better track your progress and see where your deals are in the sales process. Finally, salesforce automation can help you create more efficient marketing and sales campaigns. By segmenting your customer data, you can create targeted marketing materials and sales strategies that are more likely to result in conversions.

What are some Dos and Don’ts of Salesforce Automation?

Salesforce automation is a process of automating sales-related tasks and workflows within the Salesforce CRM platform. It can help sales teams to improve efficiency and productivity and manage their sales pipeline more effectively. 

There are a few things to remember when automating sales processes in Salesforce to get the most out of the platform. 

    • First, it’s essential to clearly define the goals and objectives that you want to achieve with automation. This will help you to select the right automation tools and features and configure them most effectively.
    • Once you clearly understand your goals, you can start automating individual tasks and workflows. For example, you can use Salesforce’s workflow rules to automate lead assignments or create custom buttons and links to automate repetitive tasks. It’s essential to test your automation processes thoroughly before rolling them out to your sales team to ensure that they are working as intended.
    • Increased efficiency: Salesforce automation can help businesses increase efficiency by automating sales and marketing, customer service, and administrative tasks.

Salesforce automation can be a great way to improve your productivity and efficiency. However, you should keep a few things in mind to ensure it is used effectively. Here are some clear pointer dos and don’ts of Salesforce automation:

Do:

    • Clearly define your goals and objectives for automation.

    • Understand your current processes and how automation can help.

    • Work with a trusted Salesforce partner to help you implement automation.

    • Train your users on the new system and give them time to adjust.

Don’t:

    • Automate just for the sake of automation.

    • Try to automate everything at once.

    • Go it alone – get help from experts to ensure a successful implementation.

    • forget to test your automation before going live.

How can Futran Solutions help you?

If you’re looking for a way to automate your sales process and improve your salesforce productivity, Futran Solutions can help. We offer a range of services that can help you streamline your sales process, including salesforce automation, data integration, and custom development. We have a team of experienced salesforce automation experts who can help you customise your solution to your specific needs. We can also provide training and support to help you get the most out of your Salesforce investment. Contact us today to learn more about how we can help you improve your salesforce productivity.

Conclusion – This was your practical and detailed guide to salesforce automation. Salesforce automation is a great way to grow your business when used well. If you are still confused about how salesforce automation can benefit your business, you should consult the Salesforce Automation experts at Futran Solutions.