From construction to finance, industries are adapting to the digital and electronic revolution rapidly to reduce costs, go green, and obtain accuracy. With that, affordable cloud computing and low-cost mobile devices, have made many critical processes easier than before. Here are the reasons why electrical estimating software is slowly declining towards cloud-based solutions to increase transparency and make the best use of data: Lower Total cost of ownership – With the rising demand for cloud computing and SaaS-based applications, the service is getting cheaper to offer low-cost solutions, which further helps in building a scalable model. This has helped both new and old players in the market to compete fairly. Also, it has made traditional software almost impractical in several other industries, and it’s noticeable in other industries. 2. Team Collaboration – Because of cloud, collaborating and sharing work progress has become easier than ever