The cloud imperative for industrial companies
October 23, 2020
October 23, 2020
Scaling up the adoption or use of cloud will be instrumental in any kind of post-pandemic recovery, enabling companies to optimize their IT costs, increase their speed to market, and support growth through new kinds of digital engagement with B2B customers and novel product-as-a-service models.
Cloud will enable financial re-engineering and the modernization of applications and data. Yet, most importantly— it will provide a platform for rapid experimentation, innovation and accelerated growth.
To retain and attract customers in the future, industrial companies must urgently accelerate the move to service-driven revenues and resilient service operations.
In the current economic situation, the industrial C-suite has turned its attention towards interventions that can provide tangible business value for their companies. Across the value chain, cloud supports three such key levers:
Adopting cloud will allow industrial companies to hold a competitive position in the future. When industrial companies integrate cloud across the enterprise in a cohesive manner, they acquire the next-in-class platform to launch new digital products and services, reach new markets, and transform overall customer experience while driving new levels of efficiency.
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