To expand upon last week’s topic of “Internet of Things” and its impact on Utilities, we would like to kick off this week’s series by introducing how cloud space is important to the IoT realm.

Since IoT is a way for devices to connect, data transfer plays a vital role. In order for your devices to connect, consistent amounts of data must be transferred from one another. With companies utilizing such large amounts of data from the IoT applications, they will choose to host this information in the cloud rather than in-house. Companies like Google and Amazon provide a wide range of IoT services to harness data analytics into the cloud space for you to make better business decisions in the long run.

However, with more technology connected to the cloud, security is an important factor. Gartner states “60% of enterprises that implement appropriate cloud visibility and control tools will experience one-third fewer security failures.” To act on these cloud predictions, Gartner recommends leveraging the numerous benefits of Software as a Service (SaaS) since data security can be built into the cloud.

How does RadiusPoint help your business?

RadiusPoint, a Communications LifeCycle Management company utilizes ExpenseLogic,TM our intelligent SaaS. Our Proprietary software provides a single-source management platform for the entire lifecycle of your expense for Telecom, Wireless, Utility and Loss Prevention services. Our function is to manage your company data so you can easily track, audit, and report your data.  Ultimately, we provide the tools needed to help in soft savings and hard savings to allow you to focus on the core of your business.

The vast amounts of data that we load in our proprietary software have allowed us to test several new features including cloud specific reporting and analytics. Our SaaS cloud based access will allow you to securely view your data from multiple devices from any location.

To learn more about our services and how RadiusPoint can save you time and money, please visit our website or contact us today!

Stay tuned for more news about IoT applications and their impact on companies in next week’s “Internet of things” series.