Through cloud, organizations tap cloud-based hardware, software and services to boost agility, increase competitiveness and innovate faster than ever before. When powered by a public, private or hybrid cloud, organizations are better equipped to handle changing business needs and create new services to improve performance.
Cloud has revolutionized business in ways impossible to imagine even a few short years ago. Consider taxi (or passenger transportation) companies that do not possess cars. Accommodation providers that do not own any properties. Retailers without inventory. Media sites that do not produce content. And enterprise cloud companies that have no servers. Cloud has allowed many companies to move into new markets by not just doing things differently but by doing different things.
We are already seeing glimpses of even more profound shifts from self-driving cars filling roadways in the next 10 years to smart devices entering our home for health and security monitoring. What we know for sure: Cloud will continue to be the glue that binds together business capabilities through technologies—everything from the Internet of Things to digital, as a service models, cognitive computing, biometrics, and augmented reality to name a few. Cloud is both a catalyst and a connector and will continue to be a foundational source for innovation and growth.
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