KNOWLEDGE
HUB
A
and
8
spate
of
Vo l u m e 3
Issue 7
Vo l u m e 3
Issue 7
KNOWLEDGE
HUB
digital
such will have an irreversible and long-
as Big Data, Internet lasting impact on the way business is
of conducted.
technologies
Things,
Cloud,
Artificial Intelligence,
Blockchain
Cloud
computing
is
a
crucial
energized enabler for digital transformation.
enterprises to set audacious goals It has rightfully received significant
for their businesses and catapult attention in recent years as many
them brick-and-mortar enterprises embarked on the journey
age into the digital age. Driven to take advantage of the opportunities
by business compulsions such as it offers and stay competitive. Cloud
handling adoption
from
the
have
disruption
of
existing
has
been
on
the
rise
models, pressure for more growth continuously, and industry analyst
and improved margins, and need Gartner states that investments in
to engage more intimately with the cloud computing infrastructure and
customer, enterprises have embraced applications (over $200 billion) will
the digital wave. account for most of the enterprise
Digital transformation will help a software spends in 2019.
business to discover new ways of Cloud computing is an inevitable and
engaging with customers, create a integral part of the IT modernization
smarter enterprise, and define new agenda, which enterprises, both large
business models. Significantly, the and small, must undergo to launch
nature of digital technologies allows their digital journey. The cloud offers a
it different outcomes plethora of benefits over the traditional
business functions. on-premise model such as increased
For example, the CIO gains from business agility and growth, better
increased customer
for
to
deliver
different
speed
and
agility
of
experience,
decreased
the IT environment, the CMO can overall IT costs, standardized IT
orchestrate campaigns better and environment, improved
acquire more customers, the CSO can and availability of systems. Further,
now have a scalable and predictive another key benefit it offers is its
engine and forecast more accurately, ability to harmoniously exist with
the CFO benefits from reduced costs, other digital technologies, including
increased revenues and profits, while the
the CHRO enjoys improved employee against cybersecurity threats.
experience and engagement.
Undoubtedly, digital technologies
CISO MAG | July-August 2019
provision
of
scalability,
better
defense
However, many enterprises struggle
to derive the full value from a cloud
CISO MAG | July-August 2019
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