Maturity Matters: Maximizing Business Value in the Cloud Journey


Cloud adoption yields a 10x higher return on investment for cloud leaders than cloud startups. But how can an organization achieve these results? Read on to learn five key areas of focus that can help CEOs, CIOs, and others maximize value and accelerate cloud maturity during their organization’s cloud journey.

Enterprises around the world recognize that a cloud strategy and approach is critical to a modern and agile business. The challenge is to identify how best to approach it, where to focus their efforts, and how to get the most out of their cloud investments.

Cloud leaders provide inspiration; Cloud adoption has resulted in 10 times more investment than cloud startups, recently Wipro FullStride Cloud Services Report. But maximizing business value from the cloud requires more than best practices. It also requires the willingness of CEOs, CIOs and other C-suite leaders to accelerate organizational cloud maturity and implement cloud technologies in the five key areas listed below.

Leading CIOs leverage their cloud investments to reduce operating costs and improve efficiency. This strategy has also been adopted by cloud startups; “Cost savings” are one of the fastest growing wins in the cloud journey, and increasing enterprise efficiency is a major investment driver. But cloud leaders distinguish themselves by treating the cloud as an integral part of their growth strategy.

This difference does not simply refer to differences of opinion between leaders and leaders. It can also be picked up by experience.

The positive impact of cloud investments is greater among organizations that have reached relative maturity as cloud users. This makes sense: Leaders already have a sophisticated digital infrastructure in place, allowing them to pursue high-impact initiatives. More than a quarter have migrated core business processes to the cloud (compared to 4 percent of non-leaders) and 78% expect to deliver cloud-native applications within the next two years, a share of just 31%. % Non-leaders.

With this background and increasing maturity, cloud leaders clearly have ambitious goals in mind. Compared to advanced users, leaders are 30% more likely to use the cloud to accelerate development and launch cycles and 33% more likely to create entirely new cloud-based offerings. Organizations that maximize cloud ROI focus on industry-specific use cases and have the potential to drive transformational growth.

This demonstrates an understanding that cloud success is a journey, not a destination. Like technology itself, leaders are constantly evolving – both as a result of past cloud implementations and as a prerequisite for future adoption. They’re also looking for new ways to use the cloud to drive business results.

Here are five key areas of focus that will help CEOs, CIOs and others maximize value and accelerate cloud maturity during their organization’s cloud journey.

  1. Use cloud-everywhere intelligence
    Companies can get the most return on their cloud investment by focusing on the business’s growth agenda and aligning their technology transition to that agenda. Cloud has the unique ability to impact any business sector. Likewise, CIOs must think holistically about how to plan, enable, manage, and define their cloud-enabled growth—and then develop strategies to successfully implement that plan.
  2. Ensure faith and strength
    The past two years have been a crash course in business resilience for many enterprises. These 24-plus months have proven how important the cloud is to ensuring business continuity. As organizations (as well as CIOs, employees and partners) increasingly move to the cloud, they must approach mission-critical systems with digital trust and privacy frameworks built to improve the user experience while addressing security and compliance needs.
  3. Champion and drive culture change
    A successful cloud implementation is as much about technology as it is about people. Adopting new ways of working and investing in training can mean the difference between cloud success and failure. The world of telework has shown that a decentralized workforce can be just as effective as an on-premise workforce, giving some enterprises the freedom to explore — and succeed with — multi-sourcing models and new collaboration technologies.
  4. Use smart data
    CIOs are asked to provide more insights and business forecasts, while stakeholders look for new market opportunities. These demands have only increased as organizations have access to unprecedented amounts of data, requiring AI for efficient and effective analysis. Improving visibility and analysis of key data is critical to solving key business problems. As companies aspire to improve their enterprise equity, the need for data managers and improved data governance is paramount.
  5. Focus on automation
    Not only to “be digital” and “do digital”, companies must consider end-to-end automation and further integrate the business unit and the IT organization. While the integration may seem simple, success requires a strategic balance of machine learning, robotic process automation, digital twins, AI ops and more.

Finally, CIOs and business leaders can be confident that the cloud offers more than savings and efficiencies. It brings income and business growth. But achieving these goals requires recognizing the strategic importance of the cloud in the organization and accelerating the organization’s cloud maturity. are you ready?


Written by Gavin Williams.
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