Modernization and cloud adoption
Though cloud technologies have been around for a while now, the impact they can have on a business became obvious at the time of the Covid pandemic outbreak (in early 2020). Organizations that already had made investments in modernizing their businesses could survive the situation with minimal or no impact, whereas many traditional businesses had to incur huge losses. Here is an interesting article that explains the impact of the pandemic and how the future of work will pan out: https://www.mckinsey.com/featured-insights/future-of-work/from-surviving-to-thriving-reimagining-the-post-covid-19-return.
IT and business leaders understood that the adoption of cloud computing technologies was the way forward for the delivery of their services. IT was no longer seen just as an enabler; rather, it became an important tool for survival in the marketplace. Modern-day start-ups leverage technology to create a differentiating value proposition to attract customers...