Leading and Innovating with the Cloud

In the digital age, innovation is quintessential for companies to thrive and keep pace with digital advancements. Aside from leveraging the cloud for the obvious benefits such as IT cost optimization, scale, and operational convenience, the true value of cloud computing lies in leveraging the cloud as a launchpad to drive innovation and lead digital disruption. According to a study by McKinsey, 75% of predicted cloud value comes from boosting innovation. Enterprises have an estimated $770 billion worth of cloud value that can be acquired through innovation-driven growth, faster product development, and hyper scalability, as compared to $430 billion through cost and risk reduction [1]. Companies such as Airbnb, Carrefour, Netflix, and Uber have leveraged the power of the cloud to not just innovate but also to differentiate and disrupt their respective industry. Iconic brands such as McDonald’s and Tiffany & Co. are reinventing themselves...