By Sanjay Rishi
Cloud is enabling more than just opportunities to improve IT operations. It’s enabling organizations to transform entire business strategies.
According to a recent IBM survey, over the next three years cloud computing’s strategic importance to top decision makers across virtually every area of business is expected to more than double from 34 percent to 72 percent – leapfrogging competing IT concerns by 58 percent.
In this new reality, the cloud is the ultimate source of connectivity, helping smarter enterprises rise above the competition. In many ways, cloud is the new dial tone, becoming as seamless and reliable to business as the dial tone of the telephone.
However, one cloud does not fit all. When we look at the potential of cloud to not only shift a business’s technology, but its strategy, it seems obvious that the same cloud solution that works in healthcare may not fit banking. Or a solution that works for a CMO might not work for the HR department. Large enterprises are complex, dynamic. As such, a cookie-cutter cloud solution would not provide a fully-optimized cloud experience.
For example, among the major operational functions being transformed by cloud is Human Resources. Globalization, mobility, acquisitions and entry into new markets is dramatically changing the workplace. As a result, CHROs are becoming key partners in delivering value and competitive advantage to support growth through talent management. Software as a service (SaaS) solutions and other cloud-based services for human capital management (HCM) are enabling HR to meet rapidly changing needs, reshaping how they recruit, train, engage, evaluate and reward employees.
The doors that cloud can open for an organization are endless. However, it’s important to choose the right doors at the right times. New cloud-based solutions are being developed to support an increasing number of business process functions, and smarter enterprises are using a line of business and industry specific-based approach to make the most strategic cloud technologies and services easier to adopt and consume.