Verizon: Using the cloud is now just “table stakes”

Screen Shot 2015-11-20 at 2.43.49 PM

Everyone’s doing it

This, according to Verizon’s State of the Market: Enterprise Cloud 2016 report (no signup required). 84% of Verizon’s enterprise-level cloud customers said their use of the cloud increased in the past year. Almost 100% of companies are using cloud in some formScreen Shot 2015-11-20 at 2.42.13 PM.

As a result, simply using the cloud isn’t that big a deal. Only 16% said that simply being in the cloud gives their company a significant advantage over competitors, down from 30% a year ago. Put another way: It’s not just the technology, it’s what you do with it.

The Pragmatists are the true believers

As the report says, the majority of companies are pragmatists. They’re moving things to the cloud incrementally – slowly knitting together enterprise-class infrastructure using standard cloud components tied together in a variety of ways. These companies are the true believers. They have existing applications but they’re so sure of the benefits of cloud that they’re rewriting the rulebook.

Hybrid cloud is now the preferred, mainstream solution

Screen Shot 2015-11-20 at 2.42.43 PMCompanies, especially large ones, just have legacy infrastructure. Asking them to move it all to the cloud is a non-starter. Combining public cloud, private cloud and existing on-premise systems (i.e. Hybrid Cloud) is the only pragmatic solution. While it’s complex, the technology is solid and the allure of transformative changes like new customer experiences, and business-agility benefits is impossible to resist. Many companies are turning to Managed Service Providers [such as Verizon Enterprise ;-)] to help build and manage their own customized environment.

 

Re-engineering business processes [on-demand]Screen Shot 2015-11-20 at 2.45.05 PM

So, if everyone’s doing it, how can you gain significant advantage from the cloud? Again, it’s what you do with it. It’s when you use cloud-based solutions integrated with existing infrastructure to deliver new customer experiences (e.g. new ways to interact with customers on mobile devices), faster responses (employees can act anytime, anywhere and from any device) and business agility (roll out new initiatives in response to changing market conditions).

Put another way: use cloud to make sure your employees are doing the right thing at the right time instead of wasting time correcting errors, chasing down approvals from managers etc. Let them focus on customers rather than getting bogged down in internal I.T.

Security

Finally, there’s always the elephant in the room. How secure is all this Screen Shot 2015-11-20 at 2.56.26 PMstuff? The evidence is that
Cloud is now seen as being at least as reliable and secure as traditional delivery models. So, while it’s important to keep an eye on security, the chances are your data is perfectly safe [and probably safer] in the cloud.

Interesting in finding out more? Visit our website to and see how customers are already using frevvo’s public and private cloud solutions to transform everyday business processes.

One Response to Verizon: Using the cloud is now just “table stakes”

  1. Pingback: Cloud is moving UP the value chain | frevvoblog

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