Importance of Cloud in Digital Transformation
According to the 2021 survey, 98% of C-suite executives view cloud technology as crucial for driving digital transformation. They recognize that digital transformation is about leveraging technology to enhance company culture and customer engagement, which in turn facilitates innovation and growth.
Challenges in Adopting Cloud Solutions
Many organizations encounter significant resistance to change, with nearly two-thirds of C-suite leaders acknowledging this reluctance. Common barriers include legacy systems, regulatory scrutiny, a culture resistant to change, and a lack of strategic digital expertise.
Benefits of Cloud Adoption
Organizations that utilize cloud technology experience numerous benefits, including a reported 25% increase in developer productivity and 94% less unplanned downtime. The cloud allows for rapid testing of growth ideas and scaling of successful initiatives, which enhances overall business agility and resilience.