Business Agility in the Cloud

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Cloud is no longer just taking a seat at the table; it’s already delivering significant benefit and becoming the norm. Companies moving most aggressively to adopt cloud computing are being rewarded with competitive advantage via increased business agility, according to a new survey by Harvard Business Review Analytic Services of 527 HBR readers in large and mid-size organizations around the world. Download the free report now: http://vz.to/cdghb14

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Business Agility in the Cloud

  1. 1. HOSPITAL SALE PIZZA BANK 74% said cloud has increased their competitive advantage 41% said they primarily use private clouds Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD 52% said cloud increases responsiveness to customers Read more inside... Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  2. 2. HOSPITAL SALE PIZZA BANK Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD New research by HBR, sponsored by Verizon, shows a connection between the use of cloud computing and increased business agility and competitive advantage. 527Harvard Business Review readers in large and mid-size organizations from all around the world. Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  3. 3. HOSPITAL SALE PIZZA BANK 67% Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD ...but that’s not the main reason for adopting it said that it saves them money... Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  4. 4. 32% 14% 14% 13% Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD What was your primary reason for pursuing cloud? Improving business agility Increasing innovation Reducing costs Increasing ability to scale up and down in response to variations in demand Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  5. 5. Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD And what did those that adopted cloud find? Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  6. 6. 30% significant 33% some 11% a little 8% none 18% don’t know 74% said cloud gives them a competitive advantage Just 8% said cloud doesn’t give them any competitive advantage Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  7. 7. HOSPITAL Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD “While cloud computing can help companies operate more efficiently, the real benefit comes from being able to capitalize on new opportunities more quickly than your competitors.” Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  8. 8. 70% said cloud reduces business complexity 60% said that cloud improves employee productivity. 41% said they primarily use private clouds 52%said cloud increases responsiveness to customers To find out more, visit cloud.verizon.com/HBR Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  9. 9. 37% 33% 31% 23% 23% Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD Where are you seeing the greatest business value? Simplification of internal operations Better delivery of internal resources New ways for employees to work, connect and collaborate Improved ability to acquire, share, analyze and act on data Faster rollout of new business initiatives to exploit new opportunities Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  10. 10. But what about security? Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  11. 11. PIZZA BANK HOSPITAL SALE PIZZA BANK Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD 65% said that cloud doesn’t compromise security. 36% improves 29% no change 35% reduces Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  12. 12. 35% Enthusiastic We believe strongly in the benefits of cloud computing and are moving aggressively wherever it makes commercial sense. 34% Moderate We believe in the value of cloud computing in some circumstances, and we’re making some use of other types of cloud services. 22% Cautious We are cautious about adopting cloud computing, but we’re looking into it. 9% Not currently doing anything cloud-related. That’s why nearly 70% have already adopted it Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014
  13. 13. A REPORT BY HARVARD BUSINESS REVIEW ANALYTIC SERVICES Business Agilityin the Cloud Sponsored by New research shows a connection betweenthe use of cloud computing and increasedbusiness agility and competitive advantage. Business Agility in the Cloud WHAT BUSINESSES THINK OF CLOUD These are just a few of the findings from our in-depth research. Find out more at: cloud.verizon.com/HBR Source: “Business Agility in the Cloud,” a report by Harvard Business Review Analytics Services, 2014

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