PwC 2023 Cloud Business Survey Identifies Successful Cloud Practices

cloud written on blocks As organizations continue to move to the cloud , some companies are benefiting more than others, according to management consulting firm PwC’s 2023 Cloud Business Survey . The report found that 78% of corporate leaders surveyed by PwC stated that cloud has been adopted in most or all aspects of their business. Simply adopting cloud, however, is not enough for an organization to be what PwC refers to as a "cloud-powered" company. Only 10% of organizations surveyed by PwC fit into the cloud-powered category. The so-called cloud-powered companies have experienced more benefits, including improved decision-making, productivity, cyber posture, and cost savings. PwC’s research found that there are four primary characteristics that define a cloud-powered organization: Holistic and unwavering approach to cloud C-suite collaboration from the get-go Formal data, analytics, and AI strategy Focus on trust and controls "Cloud-powered organizations are those that are reinventing their business through cloud, experiencing fewer barriers to reach its value, and expect revenue growth of 15% or greater despite the current business environment," Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, told ITPro Today . PwC 2023 Cloud Business Survey Details Cost Management Techniques Among the findings in the […]

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