What are the benefits of cloud-based research?


Server hallway in the blue sky

Collaboration Research Transformation

by Coegil Blogger May 9, 2019

What are the benefits of cloud-based research?

  • Access your research from anywhere to go from reviewing research at home to sharing information in the boardroom.
  • Cloud-based research allows you to collaborate in real time with your coworkers.
  • Protect the security of your research by placing it on the cloud so that your device where the research is stored cannot be lost or stolen and access is controlled.

Research should be in-depth and as complete as possible before using it to inform a decision. And yet, the processes that many people use to make a decision are fragmented and lack that level of depth and clarity due to a lack of proper tools and insights. Instead, research ends up being isolated and borne on the shoulders of one person seeking to validate a decision.

Cloud-based research takes into account the insights and data multiple people have found to make a collaborative project. Plus, just like everything on the cloud, the information is accessible from anywhere so that you can go from reading and reviewing research at home to presenting it in the boardroom at work. Here’s a look at the many benefits of using cloud-based research.

Isolated vs. collaborative research

Research housed on the computers and devices of individual team members involved isn’t collaborative. Plus, getting all that research into one place and a shared format to make it valuable is difficult and time-consuming.

Truly collaborative research can only be executed in the cloud. This way, one person’s research can be validated and added to by another person’s research. With cloud-based research, your team’s research isn’t added together at the last minute from different streams but truly a building process from start to finish. A cloud-based solution is the only real way to collaborate on research.

Research access

Locally saved files make research more difficult because you always have to be using the same machine as you work to build upon the information. If you leave that machine behind before your meeting or it gets lost or stolen, your work isn’t available. With the cloud, you can work from anywhere and on any device when it’s convenient for you.

Added tools and infrastructure

Cloud-based applications offer scalable infrastructure and deeper analysis. Creating graphs inside of Excel can help you visualize data but writing the formulas and setting up the fields can be time-consuming and takes in-depth know how with the applications.

Cloud-based applications that are designed to help you visualize data can be the answer to research data needs. With sophisticated tools, Coegil offers the platform to transform you research project into collaborative insights.

Seamless team collaboration

As digital tools have enabled teams to work from anywhere, teams have become more distributed and need even better collaboration tools to make teamwork possible. Team projects are no longer conducted in-person in conference rooms any more.

Cloud-based applications make it simple to collaborate across time zones and other challenges that could become a barrier to good research.

Research security

You don’t want to place your confidential company insights just anywhere. Make sure that they are secure by using a cloud-based application with strong authentication rules and proper data management. Cloud-based applications ensure that your data isn’t stored on a device that someone can steal and glean data from.

The old server rooms where an entire company’s intellectual property lived is no longer the way to go for continuity and security. Cloud-based applications enable that data to be safe and accessible at all times.

Putting your data all in one place

The more data and insights you have, the more informed and intuitive your decision-making can be. But large data sets are difficult to sort, move and house locally. The more data you have, the more difficult it gets to move large data sets.

Cloud-based applications don’t require you to move that data. You can add to it as a team and then present it directly from the cloud when you need to.

Coegil is the first cloud-based software designed for research and decision making. Learn more about what we offer on the product page.

 

Coegil Observations is prepared by and is the property of Coegil Holdings, Inc. (“Coegil”) and is circulated for informational and educational purposes only. There is no consideration given to the specific needs, objectives, or tolerances of any of the recipients. Additionally, Coegil’s actual positions, in any form, may, and often will, vary from its conclusions discussed herein based on any number of factors relevant to Coegil. Recipients should consult their own advisors before making any decisions based on this report. This report is not an offer to sell or the solicitation of an offer to buy the goods, services, securities, or other investment instruments mentioned. Coegil research utilizes data and information from public, private, and internal sources. While we consider information from external sources to be reliable, we do not assume responsibility for its accuracy. The views expressed herein are solely those of Coegil as of the date of this report and are subject to change without notice. Coegil may have a significant interest in one or more of the positions, goods, services, and/or securities discussed. Those responsible for preparing this report receive compensation based upon various factors, including, among other things, the quality of their work and firm revenues.

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