Cloud is no longer tactical but rather a strategic enabler of connected platform economies. Cloud leaders are orchestrating cloud ecosystems that link employees, customers, partners, vendors, and devices to serve rising customer expectations and encourage rapid adaptation to changing markets and business conditions.
Anoop Mathur, Founder - CORE Media, along with CIOs and industry leaders, drove the conversation about the challenges faced by their respective organizations in their Cloud journey and steps they want to take to unlock the potential of cloud and drive customer value.
The key points highlighted by the CIOs and digital leaders attending the discussion were as follows:-
- Cloud platforms are the future because they are the core of revolutionized business models. They are intelligent and they fit industries that have been trying to become consumer-centric.
- However, as organizations are modernizing traditional workloads onto the cloud and taking advantage of hyperscaler services, CIOs have recognized certain concerns and challenges.
- The key challenges includes lack of skills or resources needed for migrating, modernizing and running core applications on cloud. They have to ensure that the workloads are secure in the cloud and cost-effective. With the right cloud cost management, organizations can transform their operations and redesign a customer experience, driving the desired value.