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2016 Trends: The Enterprise Cloud

January 2016

Leveraging the cloud has gone from an option to a necessity in today’s competitive enterprises. How can businesses reap business benefits from cloud solutions while maintaining high levels of security and keeping their systems integrated? Profit’s experts share their views on where enterprise cloud computing is heading in 2016, and what companies can do to prepare.

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“Companies will need to build their IT brainpower to keep up. It may appear somewhat counterintuitive, as cloud is increasingly making the IT department less important, but that move is likely more advantageous for stable back/front-office applications and less so for functions that provide a company its competitive advantage. Organizations will increasingly have to depend on high-octane business and IT capability to rapidly develop differentiating software to remain competitive, if not ahead of the curve.” —Satish Prasad, Oracle Insight

“Companies are under more pressure than ever to show performance, focus on growth, and compete effectively. Legacy systems cannot help them thrive in the face of these pressures. A systematic approach to cloud adoption will help these companies to modernize their applications and move away from silo-based enterprise systems.” —Venkat Dandibhotla, Oracle Insight

“With sluggish markets and decreasing margins, cloud is increasingly viewed as a way to reduce costs and increase agility. However, many companies lack a stable roadmap to the cloud as they go through restructuring and organizational change. They need to manage their resources wisely and prioritize which areas of the business the cloud would deliver the highest value to. The hybrid cloud approach enables companies to standardize on global processes where applicable and create a common cloud-based platform for future innovation and growth.” —Ognen Borozanov, Oracle Insight

“To prepare for the shift to cloud, companies need to perform an in-depth analysis of their business and IT roadmap. Leaders need to review the IT project portfolio over a two-year-plus period when selecting a cloud platform. This ensures that the platform is IT, business, and industry relevant going forward.” —Muneeb Ahsan, Oracle Insight

“Oracle Cloud applications are certainly selling, and there are many net new customers. The cost of entry and the setup costs to host the applications have been eliminated, enabling smaller companies to afford Oracle as a tier 1 solution much earlier. One trend emerging is the adoption of Oracle Cloud applications by midsize organizations that are growing rapidly. They have confidence that they have purchased a solution that not only supports them today, but will scale as they grow.” —Debra Lilley, Oracle ACE Director

“As cloud adoption in the enterprise begins to mature, security will be a game-changer in 2016. Companies will expect their cloud provider to address issues around governance, data sovereignty, and overall security, while leading organizations will work with the vendor to address these challenges.” —Khaled Alsaleh, Oracle Insight

“In the public sector, there have been few truly game-changing opportunities to mitigate system risk, reduce costs, streamline processes, and improve citizen outcomes with a single approach. Today, public sector executives are beginning to realize proven solutions driven by the new wave of cloud solutions are ‘must-do’ considerations. Migration from on premises to integrated cloud solutions are helping to better serve citizens and solve operational and technology challenges.” —Wes Maciejewski, Oracle Insight

Photography by Shutterstock