The cloud needs to be considered a strategic investment

KPMG International:

“The cloud is transformative in that it is creating new business opportunities as companies harness its power to efficiently facilitate new revenue, services and businesses. It is breaking down barriers in the supply chain, creating more effective and timely interaction between clients and suppliers. It is delivering speed, agility and cost reduction to IT and other functional areas within the enterprise. The transformative impact of cloud can readily be seen across the enterprise in areas from HR, CRM, and IT infrastructure.”

Cloud projects often occur as tactical arrangements, either prompted by IT for greater access to tools and platforms, or by lines of business to acquire services or capabilities as needed, and often off-budget. The time has come, however, where cloud needs to be considered as a strategic investment.