As anyone who has been around technology knows, buzz words are the lifeblood of the industry. So when the word “Cloud” started being used, it sounded much like any other buzzword-worthy moment. I thought, isn’t this just a fancy way to say hosting much as SaaS is just a rehash of ASP from 15 years ago? The answer is no. This is different, very different, and IT departments need to invest the time to understand and grasp the concepts.
Within our industry, the vendors that supply slot systems, property management and point of sale or any of the other dozen applications we use daily, all offer cloud-based versions of their software. But instead of saying Cloud, let’s instead distinguish systems as being either on-premise or off-premise. The benefits of most off-premise solutions are reduced capital investments and expending less resources for managing equipment, patching operating systems or backing up data.