Better collaboration now a key cloud benefit

Grazed from WhaTech. Author: Editorial Staff.

In 2010 research firm Gartner placed cloud computing at the “peak of inflated expectations” in its famous hype cycle. How quickly things have changed! Companies that held off embracing cloud now find themselves at a competitive disadvantage as those that were early adopters become mature users of cloud services and start to get some strategic benefits, beyond those initially identified for cloud.

That’s the conclusion of a new report from the Harvard Business Review Cloud: Driving a Faster, More Connected Business. “As cloud services have matured and adoption has increased, research has consistently shown that using cloud has enabled companies to act more quickly and to collaborate more easily,” it says…

It adds: “Cloud’s wider adoption, however, has set a new benchmark for business performance. The ability to adapt quickly is less of an advantage when everyone can do it; rather, not adopting cloud is becoming a competitive disadvantage.” So, the advantages of early adoption are starting to erode, and the report says organisations that want to stay a step ahead are developing a more strategic approach to cloud adoption, management and use. “Achieving a competitive advantage is no longer a given as more organisations join the club. Advantage in the future will come from how well cloud is managed and to what extent companies can use it to decrease friction in all of their business activities.”…

Read more from the source @ https://www.whatech.com/cloud-computing/news/93812-bit538-better-collaboration-now-a-key-cloud-benefit