How Cloud Computing-Savvy Companies Enjoy Greater Revenues

The CloudHealth Technologies survey authors looked at the differences between what successful cloud companies are doing versus those not too far along with cloud. For some things, there's a world of difference between a cloud-savvy company and a not-so-cloud-savvy company.

The study found that enterprises with a cloud vision and plan are seeing far superior results than their less cloud-savvy counterparts. "Cloud leaders” are growing revenue 2.3 times faster and, on average, are generating a 35 percent year-over-year increase in top-line revenue. They are faster, more agile, and more than twice as likely to see the cloud drive competitive advantage. Cloud leaders are four times more likely to roll out new applications and services quickly, and more than twice as likely to be “somewhat or extremely efficient” in delivering applications and services (99 versus 41 percent).

A vision for cloud-based transformation is key, the survey finds. The top-tier cloud leaders were 10 times as likely to say they had a “crystal-clear vision” of how they were going to make the cloud transition. Tellingly, the top cloud performers also are almost five times more likely to see cloud optimization as a continual process, versus a one-time exercise. One in five cloud laggards, however, “only a vague idea” or “no idea” of how they would make that transition.

Governance is also part of this equation. Cloud leaders are 40 percent more likely to have reference architectures and configuration rules defined to help ensure cloud deployments comply with enterprise standards. On that topic, trailblazers have business stakeholders who are more than twice as likely to understand cloud deployment policy and budget guidelines.

The cloud leaders are also more inclined to have a role dedicated to cloud management, something the majority (76 percent) of cloud leaders either currently have or are adding -- such as a “cloud steward.” The individual in this role is almost six times as likely to be viewed as “extremely favorably” by top-tier organizations.

For more info, take a gander at https://www.cloudhealthtech.com/secrets-cloud-leaders
 

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