Get Your Head in the Clouds

Grazed from CIOInsight.  Author: Samuel Greengard.

The march to cloud computing has accelerated to a sprint over the last few years. Nevertheless, many CIOs and other senior executives overlook or are unable to unlock the value of clouds, according to a new report from cloud provider Canopy, in conjunction with Vanson Bourne, which recently conducted a survey of 950 CIOs, CFOs and other decision-makers.

The study found that 81 percent of CIOs and CFOs in the U.S. fear their business will become uncompetitive, with a large majority of them (74 percent) believing this will happen as soon as the next 15 months. In fact, these executives estimate that their businesses lost a collective $41 billion in revenues last year due to the lack of ideal cloud solutions…


Today, digital transformation is touching every corner of the enterprise, including marketing, sales, operations and human resources. While 94 percent recognized the need to embrace cloud-based applications and infrastructure to deliver digital transformation, more than two-thirds (68 percent) admitted that a lack of cloud investment was holding back their company’s vital digital initiatives…

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