Business Chief APAC+ANZ Magazine June 2016 | Page 184

ORACLE
customizations , is having to rethink its business model . A hidden benefit of the cloud is that it imposes a discipline on businesses . Not every process is a competitive advantage , and those that aren ’ t should be replaced with cloud-based standard practices . This new reality will give rise to new consulting models , such as helping companies extend their software-as-a-service apps , rather than the old customization model . In the old way of doing things , IT organizations made purchasing decisions using a long requirementsgathering phase , followed by a long implementation phase , followed by an even longer customization phase .
The new way of doing things circumvents the drawn-out procurement , implementation , and customization phases . It allows organizations to reap the benefits of innovation from cloud providers as they come to market , not after months-long upgrade cycles .
Established companies often move their systems to the cloud in phases , keeping systems that provide true differentiation in-house , while benefiting from competition
184 June 2016