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Cloud Computing: Businesses Look to the Cloud to Drive Business Transformation
Businesses are seeking out cloud solutions to enable faster speed of execution, greater flexibility and scalability of their IT solutions. Â They’ve found that the cloud is able to help them improve processes and drive business transformation.
A recent KPMG report, Elevating Business in the Cloud, Â listed the following benefits that C-level said could be derived from the cloud:
- Cost savings (49%)
- Enabling a mobile workforce (42%)
- Improved alignment with customers and partners (37%)
- More effective leveraging of data to provide insight (35%)
- Eases new product development (32%)
Further the KPMG report makes the following five recommendations for businesses using the cloud:
- The cloud needs to enable a continuous transformative process that involves all units of the organization
- A cloud strategy needs to be driven by upper level executives
- A cloud strategy needs to be based on strong leadership and engagement
- Business and IT need to work together and contribute equally on the cloud initiative
- Metrics that are tied to business objectives should be applied to determine the level of success
Greg Bell, Principal, Advisory, Information Protection at KPMG, said that “five years ago data loss and privacy risk were primary concerns and contributed to slower [cloud] adoption rates. Today, most organizations realize that cloud is a platform they have to integrate and support, so they’re more focused on operating effectively.  The question is no longer: ‘How do I move to the cloud?’ Instead, it’s: ‘Now that I’m in the cloud, how do I make sure I’ve optimized my investment and risk exposure?”
