cloud potential: the opportunity to invent and reinvent business
DESCRIPTION
Cloud computing is a trend which, if it continues to grow, will connect ideas, institutions and individual users in diverse markets to help meet shared objectives. It is important for governments to recognize the Cloud technology as a positive economic driver and not build regulatory barriers around the new technology.Businesses believe that the economic benefits from cloud adoption will be very significant and cloud study changes the way the company competes.The potential of the cloud investment is that it reduces operational expenses.TRANSCRIPT
© 2012 WIPRO LTD | WWW.WIPRO.COM 1
Cloud Potential:
The Opportunity To Invent And Reinvent
Business
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Targeting a Segment
of One
HIGHLIGHTS
The Cloud is a revolution. It is changing
the way we think about IT, and about
business and commerce.
In June 2012, Wipro commissioned a survey of
one hundred CXOs in USA, UK, France and
India, to get their opinions and insights into
the potential of the Cloud and how it will
impact business.
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The Cloud Opportunity
Cloud has a profound impact on businesses across different
sectors, at a strategic and operational level.
Businesses believe that the economic benefits from cloud
adoption will be very significant.
Cloud computing is seen as a positive disruptive force.
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The Commercial Opportunity
The potential of the Cloud to disrupt is still evolving, but there are clear
expectations amongst business leaders of its benefits. Some responses included:
“reduce
operational
expenses”
“will
save time”
“will deliver
experience,
mobility and
accessibility”
“more
creative
processes”
“greater
collaboration”
'“changes
the way a
company
competes”
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Drivers
‘Standardization,’ or the removal
of unnecessary customization, to
achieve universal standards, will
drive adoption.
There is also a compelling
business case in terms of labor
mobility and management flexibility.
It is important for governments to
recognize the Cloud as a positive
economic driver and not build
regulatory barriers around the new
technology.
Barriers
Adoption Drivers and Barriers
Technical challenges: Need to
standardize the Cloud for
customers.
Educational: Need to raise the
level of the skills base among
employees.
A Hybrid: Need to address
corporate concerns about security.
The Economy: Eurozone crisis,
slow economic recovery, etc.
increase cautious corporate
behavior.
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Potential internal benefits
Other
I see no potential benefits
Device Neutrality: information freed from PCs
Collaboration: innovation + idea generation
Real-Time Data: for more efficient decision making
Cost Simplification: reducing layers + systems
Mobility: Convenience and flexibility for end-users
Scalability: Ease of scaling up or down
3%
6%
19%
23%
31%
44%
51%
51%
What are the biggest potential internal benefits from leveraging the
Cloud to your Business
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Category-wise Benefits
Economic Opportunity
• Power to generate greater efficiencies and economies
• Power to control the business exposure to changing economic climates
• Potential to generate new industries, new business models and supply chains
Labor Opportunity
• Capacity to enhance globalization both in terms of speed and efficiency and the localization of data and labor
• Ability to help employees be mobile, yet collaborate
Social Opportunity
• Opportunity for businesses and civil society to transform expectations at an economic and social level
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Conclusion
As the findings in this report demonstrate,
business leaders are united about the potential
of the Cloud.
Not only does it have the potential to
significantly improve capacity and flexibility, but
it also has the opportunity to generate new
competitive advantages, transform business
prospects and generate economic value.
The Cloud is helping to make a positive reality
of globalization, delivering greater benefits
and generating greater value.
Cloud computing is a trend which, if it continues to grow, will connect
ideas, institutions and individual users in diverse markets to help meet
shared objectives.
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For more details please visit the link below :
http://www.wipro.com/Documents/insights/Cloud_Potential.pdf
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Wipro set up the Council for Industry Research, comprised of domain
and technology experts from the organization, to address the needs of
customers. It specifically surveys innovative strategies that will help
customers gain competitive advantage in the market. The Council, in
collaboration with leading academic institutions and industry bodies,
studies market trends to help equip organizations with insights to
facilitate their IT and business strategies.
For more information on the Research Council visit
www.wipro.com/insights or mail [email protected]
About Wipro Council for Industry Research
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About Wipro Technologies
Wipro Technologies, the global IT business of Wipro
Limited (NYSE:WIT) is a leading Information
Technology, Consulting and Outsourcing company,
that delivers solutions to enable its clients do
business better. Wipro Technologies delivers winning
business outcomes through its deep industry
experience and a 360 degree view of “Business
through Technology” – helping clients create
successful and adaptive businesses. A company
recognised globally for its comprehensive portfolio of
services, a practitioner’s approach to delivering
innovation and an organization wide commitment to
sustainability, Wipro Technologies has over 135,000
employees and clients across 54 countries.
For more information, please visit www.wipro.com
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Thank You ©Wipro Limited, 2012. All rights reserved.
For more information visit www.wipro.com
No part of this document may be reproduced in
whole or in part without the written permission of the
authors.
Wipro is not liable for any business outcome based
on the views presented in this document. For specific
implementation clients should take advise from their
client engagement manager.