Cloud technology is essential for the modern enterprise
The most innovative CIOs follow a cloud-based data strategy. This undertaking involves modernizing cloud infrastructure to maximize the value of data and analytics.
With their data on the cloud, CIOs can make the best use of their talent – their employees – and can build a culture of data-driven decisions. And it's not just employees who benefit. CIOs can also use data to make informed decisions on new products, services, and customer experiences.
Of course, every cloud strategy will look a little different. In our Conversations on cloud series, Genpact's global leader of cloud and technology services, Vikrant Karnik, stresses the need for a bespoke approach. "Leaders must develop a cloud strategy that fuses industry expertise with process expertise. They must focus on what they're trying to achieve and how they can leverage the power of engineering to deliver better business outcomes."
Cloud and analytics are also crucial for building business resilience, ensuring organizations stay ahead of the competition. In fact, about 40% of CIOs thank migrating data centers to the cloud and advanced analytics for helping them adjust to changing business conditions.
In summary, investing in cloud technology is only the first step. A solid framework for putting data into the cloud will help CIOs and technology leaders thrive.
So, how can CIOs make the most of the cloud? Here's our checklist:
- Connect your data to your cloud strategy – cloud and analytics should be intrinsically linked
- Modernize operations with cloud – migration alone doesn't deliver innovation
- Transform with talent – embrace new ways of working and a collaborative cloud culture
- Develop a bespoke transformation strategy – fuse industry and process expertise with the power of engineering