75% of CIOs and CFOs recently surveyed believe their enterprises are missing out on revenue opportunities due to lagging behind in their digital transformation strategies. 

I recently ran across the work of Nicolas Bry, senior vice president of Orange’s digital innovation unit, Orange Vallée, who makes some great observations on the role of collaboration in business success. There are several major trends that are converging to yield winning business models. Understanding where these are heading will help us lead our organizations and clients to sustainable futures.

Rogue cloud services present issues with data security, transaction integrity, business continuity and regulatory compliance. Risks to the enterprise include exposure of regulated data, improper access to and control over confidential data, and breaching of rules pertaining to how certain data must be handled from a compliance standpoint, according to PricewaterhouseCoopers (PwC).

As IT professionals, we must be leading when it comes to the cloud. IT cost savings alone, while helpful and necessary, are not going to revolutionize your business. I liken an IT-oriented cloud strategy to a question one of our team members posed to me the other day, "If everyone has SAP, wherein lies the strategic advantage?"