MIT Technology Review May 29, 2024
A successful cloud-based business transformation requires solutions with industry-specific best practices and AI readiness built in.
For years, cloud technology has demonstrated its ability to cut costs, improve efficiencies, and boost productivity. But today’s organizations are looking to cloud for more than simply operational gains. Faced with an ever-evolving regulatory landscape, a complex business environment, and rapid technological change, organizations are increasingly recognizing cloud’s potential to catalyze business transformation.
Cloud can transform business by making it ready for AI and other emerging technologies. The global consultancy McKinsey projects that a staggering $3 trillion in value could be created by cloud transformations by 2030. Key value drivers range from innovation-driven growth to accelerated product development.
“As applications move to the cloud,...
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