The new cloud offerings have opened up several use cases across industries. For instance, consumer goods companies can streamline global supply chains, hospitality platforms can ensure scalability and diversify offerings, and financial services companies can predict market trends. The article emphasizes the need for businesses to align cloud initiatives with overarching business goals and measure ROI beyond traditional cost-based metrics. The new cloud system allows companies to move faster, connect with customers in new ways, and drive innovation, efficiency, and growth.
Key takeaways:
- The new definition of cloud computing integrates technologies like edge, AI, and decentralized cloud, making it a significant business driver rather than just an IT asset.
- Edge computing and decentralized cloud computing in the new cloud architecture can reduce latency, enable real-time decision-making, and offer greater security, data privacy, and resilience against outages.
- Small language models (SLMs) and AI capabilities on edge devices allow businesses to deploy specialized AI capabilities right where decisions are made, boosting security and efficiency.
- Cloud strategy is becoming a topic for boardroom discussions due to its potential to drive business outcomes, requiring strategic alignment, clear ROI metrics, and alignment with long-term business objectives.