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Report highlights five trends for businesses

The Cloud Comes of Age Amid Unprecedented Change

Informationweek Commentary The Cloud Comes of Age Amid Unprecedented Change The cloud is set to help businesses lead by outmaneuvering uncertainty. It s now imperative that they lean into the cloud and catch up with leaders before the gap becomes too large. Credit: blackboard via Adobe Stock During the pandemic, the cloud has emerged as the fastest and most resilient method to keep businesses and communities running. From working and attending school remotely, to shopping online and interacting with our health provider, cloud services have enabled it all. As a result of COVID-19, cloud adoption has increased dramatically. Accenture research found that cloud spending in the first quarter of 2020 was nearly triple that of the previous year. According to Gartner, by November 2020, 70% of companies using cloud had plans to increase spending due to the disruption. Cloud spending as a percentage of the global enterprise IT market will increase from 9.1% in 2020 to 14.2% in 2024. As

Relevant trends as businesses turn to technology during this pandemic

 outlines how leading enterprises are compressing a decade of digital transformation into one or two years. Relying on a strong digital core to adapt and innovate at lighting speed, leaders are growing revenues 5x faster than laggards today, versus only 2x faster between 2015 to 2018, according to Accenture research. The result is a wave of companies racing to reinvent themselves and use technology innovations to shape the new realities they face.  “The global pandemic pushed a giant fast forward button to the future. Many organizations stepped up to use technology in extraordinary ways to keep their businesses and communities running – at a pace they thought previously impossible – while others faced the stark reality of their shortcomings, lacking the digital foundation needed to rapidly pivot,” said Paul Daugherty, group chief executive – Technology and chief technology officer at Accenture. “We now have a once-in-a-generation opportunity to turn this moment of tr

As Digital Gap Widens in Wake of Pandemic, Masters of Change Will Define the Future, According to Accenture Technology Vision 2021

As Digital Gap Widens in Wake of Pandemic, Masters of Change Will Define the Future, According to Accenture Technology Vision 2021
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Business Scoop » As Digital Gap Widens In Wake Of Pandemic, Masters Of Change Will Define The Future

Press Release – Accenture According to the Accenture Technology Vision 2021, technology was a lifeline during the global pandemic enabling new ways of working and doing business, creating new interactions and experiences, and improving health and safety. Technology forever … A s digital gap widens in wake of pandemic, ‘Masters of Change’ will define the future, according to Accenture Technology Vision 2021 According to the , technology was a lifeline during the global pandemic – enabling new ways of working and doing business, creating new interactions and experiences, and improving health and safety. Technology forever changed expectations and behaviours and created entirely new realities across every industry.

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