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Why Does Your Organization Need Cloud-Based Digital Asset Management?

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Table of Contents
Introduction
1. The Essence of Cloud Digital Asset Management in the Digital World
2. Difference Between Cloud DAM and On-premise
3. The Need for a Cloud Digital Asset Management Solution
3.1. Speed and Cost of Implementation
3.2. Collaboration
3.3. Continuous Development
3.4. Managed Services
4. Who Benefits From Cloud-Based Digital Asset Management?
Final Thoughts

Introduction
In the 21st century, asset and brand management drastically changed, as most companies have to manage numerous channels and thousands of snippets of digital content.

Therefore, marketers can opt for a Digital Asset Management (DAM) system to manage all these files. This system will help them streamline operations, enhance collaboration, and protect content.

Traditionally, the DAM on-premise had standard practices that often overloaded large corporations with numerous datasets, but with the rise of cloud technology in DAM systems, you can easily manage your datasets without thinking about the space. But what can be other conditions that make cloud-based DAM systems stand out?

In today’s MarTech Cube article, we will not just explore the benefits of cloud-based digital asset management but also delve into the functionalities and how it is more effective than on-premise digital asset storage solutions.

1. The Essence of Cloud Digital Asset Management in the Digital World
A cloud-based DAM is considered a single-source platform that keeps your brand assets in a secure network accessible through a web browser. The platform combines metadata, searchability, transcoding, and download functionality within a single medium, allowing different teams to securely access, manage, and share digital assets from any device.

In a nutshell, cloud-based DAM systems such as Cloudinary, MediaValet, and Workfront Library can help you create a centralized library for digital assets that will not only boost efficiency but will enable instantaneous collaboration and securely store assets in the cloud.

2. Difference Between Cloud DAM and On-premise
Both cloud and on-premise DAM solutions give your organization a single source of storing, organizing, and managing digital assets. Here is a quick breakdown of each solution:

Features

Cloud DAMs

On-premise DAM

Deployment & Accessibility Hosted on remote servers and accessible from anywhere with internet connectivity, enhancing flexibility for remote teams. Deployed locally on a company’s servers, offering complete control over access and security but limiting access to local or VPN-connected users.
Security Security is managed by the vendor and is often highly robust. However, cloud data can be vulnerable to external threats, requiring trust in the provider’s security measures. Provides total control over security protocols, making it preferable for organizations with strict data policies. Data stays on local servers, reducing third-party risks.
Scalability Limited by the hardware’s capacity and often requires additional investments for scaling, making it less adaptable to sudden increases in demand. Easily scalable, with resources that can be adjusted based on demand without the need for additional hardware.
Performance Performance is internet-dependent, with possible delays for large files. Providers usually optimize for high performance, but speed can vary based on network bandwidth. Performance is reliable if managed well, with no dependency on internet speed. Local networks can offer faster access times for large files.
Backup & Recovery Automatic backups are often built-in, with rapid disaster recovery options provided by the vendor. Backup and disaster recovery depend on the company’s IT setup, which may or may not be as robust as cloud-based solutions.

In the end, on-premise DAM is suitable for organizations needing high security, customization, and strict compliance control, especially in limited or unreliable internet environments. In contrast, Cloud DAM is ideal for its accessibility, collaboration, scalability, and cost-effectiveness, making it perfect for flexible, remote, and distributed teams that prioritize ease of access.

3. The Need for a Cloud Digital Asset Management Solution

A cloud-based digital asset management solution has a wide range of different features, such as scalability and flexibility; however, there are more benefits that this solution offers to different businesses of all sizes. Here are a few benefits of moving to a cloud-based DAM solution:

3.1. Speed and Cost of Implementation

The DAM cloud solution is less expensive when compared to the traditional on-premises solution of installing copies of software on multiple platforms. This also eliminates the costs associated with installing and maintaining the cloud solutions; from a budget management perspective, you can move to a subscription-based operating cost that is more appealing.

3.2. Collaboration

As cloud solutions are accessible from anywhere with an internet connection, this software promotes collaboration more easily than traditional solutions. With cloud access and user-based permissions, you can make sure that the right people have access to the assets they need at the time they need them.

3.3. Continuous Development

With a cloud DAM solution, marketers no longer need to struggle to find the right files or interrupt regular production cycles to install upgrades. As the DAM environment is managed by the internet, you need to collaborate with the IT team on how to fix bugs and functionality improvements. However, this needs more learning and upskilling so that you can incorporate and push out a new or upgraded feature.

3.4. Managed Services

Moving to a cloud environment for DAM will also relieve organizations of the burden of managing and maintaining the system themselves. Therefore, by outsourcing the management and maintenance to a third-party service provider, your organization can redirect its budget from routine upkeep tasks toward more strategic initiatives.

4. Who Benefits From Cloud-Based Digital Asset Management?
Cloud-based DAM is useful for various job positions in different industries as it offers an accessible unified information asset library. Business people use cloud DAM in organizational management to connect with teams and measure in smooth process aspects of the cellular marketing and sales campaigns to align with the company branding while reaching customers through the promotion tools for assets’ results. Cloud DAM benefits proposal writers where the AEC firms gain updated assets and sector-specific tools in producing highly embracing proposals that are proven to win business.

Designers receive brand assets directly, which helps in organizing assets, and searching for them becomes easy to complete and lets designers have a free hand and do what they like while keeping the branded assets in mind. Clients enjoy cloud DAM due to the flexibility it offers the contractors on the freelancers; this helps in the management of projects with geographical limitations by accessing brand-compliant assets when needed. In a nutshell, cloud DAM improves efficiency in terms of consistency and cross-role utilization amongst various roles within an organization that directly utilizes digital assets in its operation.

Final Thoughts
In this digital era, remote and distributed work is the future of the model workforce; therefore, cloud-based digital asset management provides several advantages over on-premises solutions, which include greater flexibility, improved access, better security, and better support for remote distributed teams.

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