The Cloud: A Necessary Element Of Business

Thirty-four per cent of Canadian companies say they are achieving the full value expected on their cloud investments, compared to 37 per cent of companies worldwide, says a survey by Accenture. Globally, 46 per cent of high adopters report fully achieving their expected cloud benefits, compared to 36 per cent of moderate adopters, and 28 per cent of low adopters. The survey says that businesses that thoroughly use the cloud have better company outcomes. “The reality is that not every company is unlocking the full potential value of the cloud. In fact, our newest report shows a surprisingly small two-year improvement in returns on corporate cloud initiatives,” says Jennifer Jackson, managing director and technology lead in Canada at Accenture. “Competing in the age of COVID-19 and beyond requires that companies implement a cloud-first strategy.”