While the cloud is being increasingly adopted for product development, barriers to that adoption remain. Some product development teams worry that using the cloud will risk the theft of their intellectual property or will unduly delay the transmission of large product files.
As these risks are being overcome by proven security strategies and quick access to applications on a cloud platform, the next hurdle to overcome is cost of ownership. On this count, cloud-based solutions fare quite well.
This paper will review how the use of on-premise data processing and storage compares to cloud-based Software as a Service (SaaS) for product development when it comes to total cost of ownership (TCO).
That means, from the construction and development side, nothing has changed in terms of work efficiency. On the contrary, meetings are more efficient as we’re all connected simultaneously to the platform and can discuss live the 3D data model and can make changes instantly - instead of the previous time-consuming slide preparation and looking at a presentation on screen and then doing changes afterwards.