Cloud’s Trillion-Dollar Prize is up for Grabs

Presented by

James Kaplan, Partner, McKinsey, Mark Gu, Associate Partner, McKinsey

About this talk

Cloud has immense potential, but most companies are only scratching the surface. Recent research clarifies where the value lies—and how to capture it before competitors do. The cloud holds immense potential and tremendous value, but most companies are only scratching the surface; benefits don’t appear magically. Few are thinking about cloud as a driver of business transformation and a source of sustainable competitive advantage. The value of cloud transcends IT and is estimated at more than $1 trillion Cloud requires a well-defined, value-oriented strategy and a coordinated execution by IT and businesses to realize full value. Success requires a cloud-ready business-technology operating model built around a product life cycle, which improves developer productivity, thereby accelerating product development. Companies with high cloud maturity exhibit different adoption mindsets vs. their peers. They are early adopters of cutting-edge technology, aggressively innovate, and view technology as a competitive differentiator and key enabler for launching and building new businesses.

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