The buzz around Cloud never seems to die down. From the time the technology was first introduced, it has unremittingly enabled organizations to enable better efficiencies. While early benefits focused on how cloud helped eliminate massive CapEx, over the years, the emphasis moved towards better availability, flexibility, and security of on-demand resources. Today, the technology has taken center stage in every C-suite’s tête-à-tête on digital transformation, and for all the right reasons!
Read: Cloud Computing Trends to Look Forward to in 2021
According to Gartner, worldwide spending on public cloud services is forecast to grow 18.4% in 2021 to a total of $304.9 billion, up from $257.5 billion in 2020!
What is digital transformation? In technical terms, it is the digitization of everyday business processes: right from the modernization of monolithic systems, adoption of data analytics, implementation of new tools, and more. But in business terms, it is the ability of organizations to make their business reliable, resilient, and agile, so they can meet the fluctuating needs of customers, keep pace with changing market trends, and deliver unmatched services (and experiences) much before their competitors.
No matter how businesses look at it, successful (or failed) digital transformation is directly linked to the effectiveness of their IT service delivery environments. Although traditional, on-premises IT environments have long enabled organizations to operate their business using a robust foundation, in today’s constantly changing business landscape, these on-premises systems miss the mark. Not only are they inflexible; they also lack the scalability and integration capabilities that the modern era demands.
Traditional on-premises systems also fail at dealing with the rate and pace of data explosion that is currently happening, making the case for cloud extremely strong! Cloud, through its unmatched reliability, flexibility, scalability, and security capabilities delivers the level of insight, action, and engagement that is needed to deliver continued value. Serving as the foundation of the new agile business landscape, cloud is key to delivering flexible, on-demand access to resources underpinning innovative digital business offerings.
Here’s what makes cloud a must-have component in digital transformation:
In today’s world of continuous evolution, the only way for organizations to succeed is by aligning their resources and strategies with the digital business environment. With all its benefits, cloud is a driving catalyst of digital transformation, allowing organizations to deliver promising products and capable customer experiences. It helps organizations scale their business as per demand, delivers the agility to react to changing business priorities, and enables data-driven decision-making. It also fosters rich communication across the enterprise while allowing organizations to ensure real-time backup for continued business success.
This article was originally published at https://www.dqindia.com/cloud-the-must-have-component-in-digital-transformation/