By Pat Brennan
Cloud Takes Business Agility and Flexibility to New Heights
How does IT BECOME the business?
For many CEOs, the question is no longer “if” information technology will impact their business – it’s by how much. Data is being produced and replicated at unprecedented speeds, ushering in a new age of IT growth. The emergence of cloud, big data and IoT is transforming the data center, and those who capitalize on this technology movement stand to gain significant competitive advantage. As the ultimate goal is to maximize efficiencies, cut costs, and drive revenue – cloud and “as-a-service” models now put corporate IT in the unique position of becoming a transformative change agent in business.
Global businesses are in the midst of a “Third Industrial Revolution,” where competitive advantage comes from capitalizing on the new digital infrastructure and massive amounts of data flowing across it. As our recent e-Book points out, this digital transformation is empowering companies to move faster, serve customers in new ways, and create expanded opportunities for growth and innovation. Perhaps that’s why Bessemer Venture Partners pegs the cloud computing market at nearly $128 billion by 2018 – a 22.8 percent growth rate. A survey of large and mid-sized corporations by...