McKinsey September 15, 2020
Jayne Giezmo, Mark Gu, James Kaplan, and Lars Vinter

To capture the real value from cloud, companies need to focus their investments and build a cloud-ready operating model.

It has been more than a decade since the first corporate experiments with external cloud platforms, and the verdict is long in on their business value. Companies that adopt the cloud well bring new capabilities to market more quickly, innovate more easily, and scale more efficiently—while also reducing technology risk.

Unfortunately, the verdict is still out on what constitutes a successful cloud implementation to actually capture that value. Most CIOs and CTOs default to traditional implementation models that may have been successful in the past but that make it almost impossible to capture the real value from the cloud. Defining the...

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