Cloud computing has created a paradigm shift; the kind of shift that makes work faster, simpler and just better. Many enterprises can foresee cloud computing bringing radical changes to their business models over the next three to five years. The cloud platforms and applications are secure, scalable, and reliable for the most part. This is what makes business goals that were once seen as elusive, seem much more attainable today. Reach us at: services@suyati.com

1. Businesses are migrating their core
business functions to the cloud in a big way.
A survey by IBM estimates that 90% of companies have
already embraced the cloud in some form or the other.
of companies are in a pilot stage,
testing the waters.21%
of companies are in the middle of
adopting cloud.
of companies have already implemented
cloud computing in a substantial way.
28%
41%
The Rising Popularity
of the Cloud
The cloud has taken the world by storm and a big reason is the
tremendous game-changing potential it entails. Used the right way,
the cloud can establish new paradigms that make
work easier, faster, simpler and better
01
03
02
32%of companies today use cloud computing to streamline
their supply chains. This figure is estimated to touch
56%in the next three years, an increase of 24%.
About 44% of enterprises rely on cloud computing to launch
new business models today, and this figure is set to increase
to 55% in the next three years.
The same study estimates that 69% of enterprises expect to make
moderate-to-heavy cloud investments over the next three years
59% of companies use cloud-based applications
and platforms to manage and analyze data better.
A 2014 study by Oxford
Economics and SAP estimates that:
in
New Business Models
3 years
Will EnableCloud Computing
How Enterprises
are Using the
Cloud
It is now approaching the “Plateau of Productivity,” where businesses realize
the actual worth of the cloud and try to leverage it to the hilt.
The cloud is moving along Gartner’s Hype Cycle for Emerging
Technologies, which maps changing attitudes of users
as new technologies mature.
The cloud is already past the -
“Peak of Inflated
Expectations”01
Plateau of
Productivity
“Trough of
Disillusionment”02
Optimizers Disruptors
use the cloud to enhance
customer value propositions and
internal efficiency incrementally
use the cloud to Enhance:
Improve current products and
services
use the cloud to Extend:
Create new products and
services
use the cloud to Invent:
Create a new “need” and
own a new market
Innovators
who use the cloud to improve
customer value, and create
new revenue streams
who rely on cloud to create radically
different value propositions, generate
new customer needs and segments.
References:
http://www.forbes.com/sites/louiscolumbus/2015/06/08/55-of-enterprises-predict-cloud-computing-will-enable-new-business-models-in-three-years/
http://www.oxfordeconomics.com/infographics/clouds-enduring-promise
http://www.sap.com/bin/sapcom/en_us/downloadasset.2015-02-feb-25-23.the-cloud-grows-up-oxford-economics-and-sap-pdf.bypassReg.html
http://searchcio.techtarget.com/opinion/In-business-model-innovation-cloud-computing-is-imperative
https://www.ibm.com/cloud-computing/us/en/assets/power-of-cloud-for-bus-model-innovation.pdf
http://dspace.mit.edu/handle/1721.1/59255
http://www.slideshare.net/drummondreed/personal-cloud-webinar-v7
http://yfsmagazine.com/2014/08/23/10-cloud-computing-trends-and-predictions-small-businesses-can-leverage/
https://www.kpmg.com/IN/en/IssuesAndInsights/ThoughtLeadership/The_Cloud_Changing_the_Business_Ecosystem.pdf
https://www.ibm.com/cloud-computing/us/en/assets/power-of-cloud-for-bus-model-innovation.pdf
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