Online has become a way of life. This new reality is creating significant business opportunities. But to improve digital business outcomes, commercial leaders must restructure their business models to be more agile. This will deliver greater personalization and a more streamlined experience to customers, while shoring up business resilience.
Cloud is a crucial pillar of this transformation, offering the building blocks, scalability, speed and agility needed to deliver and scale fast to satisfy the digital economy’s demands. Cloud enables enterprises to bring new products and services to market faster, while increasing resilience and decreasing technology risk.
However, cloud demands that commercial leaders adopt a new way of thinking. It needs to be open and holistic, far removed from traditional siloed models, and drive smart, pro-active decision-making through data analysis on a predictive level.
This can be done by following three simple rules: focus investment on business domains where the cloud can grow revenues and increase margins; select technologies that align with business strategy and risk constraints; and work with your operating model to develop a value chain with capabilities that sets you apart from your competition and functions around the cloud-native delivery models.
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