With more and more
companies moving towards the cloud we wanted to find out how this cloud
adoption impacted the success of these businesses. To do this, Oracle sponsored a global
study, “Cloud Computing Comes of Age,” conducted by Harvard
Business Review Analytic Services.
did we find out?
1. IT is not your opponent. IT and LOB share equal responsibility
for cloud in high performing organizations.
2. Move further, faster. Cloud leaders are not only
more likely to use cloud across the top five functions (recruiting, marketing,
sales, training, travel/expense management), but are also much more likely to
be pushing cloud into more core business functions including procurement,
supply chain and accounting.
3. Be a role model. More than
twice as many cloud leader respondents said that their CIOs had taken a
leadership role in the move to the cloud compared to cloud novices (62 percent to 31 percent). These CIOs value the agility and
efficiency cloud provides and they’ve made it a part of every conversation.
4. Play to win. 72 percent of cloud
leaders launched new products, 62 percent entered new markets, 55 percent
expanded geographically, and 39
percent launched new business over the past 3 years.
The survey shows the
clear business benefits of adopting cloud computing, but also highlights
important insights for organizations that are looking to capitalize on the opportunities
presented by the cloud. IT and business
leaders must work together to promote a more holistic cloud strategy if their
organizations are to
benefit from the next wave of cloud
Find out more about
the study here.
For more information on Oracle Supply Chain Management applications, visit www.oracle.com/scm