How does your business meet the constantly changing needs of your customers? If you have a plan in place to respond quickly and change the way you do business to meet new developments in the marketplace, you have what is known as an agile business model. Agile businesses have a leg up on the competition because they can get customers what they want faster, no matter how their needs change. Cloud computing can play a role in this model, and here's how.
The Essentials of an Agile Enterprise
Before we go any further, it's important to note what the essentials of an agile enterprise are. An agile business keeps tabs on all essential operations and compares them to the industry standards as they develop. It also examines trends so it can effectively predict troubles that might be coming up in the future. The goal behind all of this analysis is to make a predictive business model that can adjust to any issues as necessary. For example, a book publisher with an agile business model would keep tabs on publishing trends, sales comparisons between eBooks and traditional formats, and the price of paper. When something changes such as paper costs increasing, they are already well-situated to handle it.