What are the advantages of "Could Technology " in MIS reporting?

1) Cost efficiency 

2) Almost Unlimited Storage.

3) Backup and Recovery.

Cloud Computing is computing on cloud hence its advantages are lesser capital expenditure,.

It is will help MIS by faster and more accurate reporting in less time

Less resources for reporting.

Storage of these reports and through cloud reporting, which requires less storage space and no hardware or software requirements.

Information on your finger tips,

Easy and immediate decision making ,

Evaluate decisions and take immediate correctives to improve performance.

Helps in achieving Top & Bottom line with synchronized system operation .