Read this great article by Mark Hurd about
three major business predictions, and includes powerful supporting facts that
support the move to cloud:
companies stuck in today’s slow-growth economic environment can look forward to
better days ahead, because tech spending is going to pivot quickly to unleash
their full potential in ways that many executives don’t yet realize.
Before I get
to how things will change, however, let me describe the current environment.
Globally, economic growth is mediocre – at best. Strip out China and a few
other countries and growth is actually negative. Yes, 2015 corporate earnings
grew by 5% for the average Fortune 500 company, but revenues grew a skimpy 1%.
That means earnings have come mainly through spending cuts and belt tightening
– not new business opportunities and innovation.