This is the fastest growing area of investment that businesses are moving towards. The benefits of operating on the Cloud has multi facet benefits that deliver an optimized operating business PNL, a great mix of fixed versus variable spend model in technology, de-risks single points of failures and provides businesses the fastest means to ramp up and down as their top line makes changes. For the technology teams given the Cloud has provided a logical platform for global integration, there are many new businesses that are being conceived that drive value out of the integration and visibility they have. This is further leading to newer product ideas and streams of revenue.

For companies that are considering moving to the Cloud, it is key that the strategy and vision of how the Product will move to the cloud and how they will operate the Product on the Cloud is critical.  An important input is to consider how well their products are designed such that they harness the capabilities of the Cloud. To this end, many Cloud provides are coming out with specific capabilities unique to them that are become Native in nature to the specific Cloud provider. Lastly, one has to closely review the degree of remediation needed for the products to migrate to the cloud, depending on the industry what compliance and security measures have to closely audit before make the decision.