Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!

Here are the blogs we’ve posted this week:

With that, onto this week’s news:

IT Leaders Need to Rethink Governance in Hybrid Cloud Workplace

Vishal Muktewar, Enterprise Talk, Oct. 13, 2021

As organizations continue to build and integrate applications to sustain their operations in today’s dynamic workplace, they need to rethink governance to reach their full potential and business goals. The accelerated digital transformation journey has forced enterprise organizations to integrate multiple software platforms to keep their operations running smoothly. But, without having a robust Software-as-a-Service (SaaS) governance, organizations may find it difficult to gain control over software their workforce use, especially in today’s remote and hybrid work models.

Typically, C-suite executives reach out to IT departments for SaaS governance. But, as per industry expert, this not an optimal approach to manage disparities in SaaS and to establish governance best practices. In fact, as per Gartner’s “2021 Audit Plan Hot Spots Report,” digital workplaces are not able to reach their full potential due to ineffective communication and collaboration with key IT, business and vendor stakeholders. Additionally, the report also found that organizations are more likely to incur unnecessary financial losses or fail to meet their business goals without having a clearly defined, strategic approach for controlled SaaS. In conclusion, IT leaders need to rethink their approach towards SaaS governance and lead their organizations towards a thriving future.”

Cloud-migration opportunity: Business value grows, but missteps abound

Tara Balakrishnan, Chandra Gnanasambandam, Leandros Santos, Bhargs Srivathsan, McKinsey, Oct. 12, 2021

“By 2024, most enterprises aspire to have $8 out of every $10 for IT hosting go toward the cloud, including private cloud, infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Achieving that aspiration will require significant effort from both enterprises and technology providers. 

The COVID-19 pandemic is one factor driving the ambitious goal, as it triggered the need to speed the pace of enterprise digitization. But the more significant catalyst is the $1 trillion in business value that cloud adoption can unlock. Some organizations, however, are leaking their share of that value instead of capturing it, with inefficiencies in orchestrating cloud migrations adding unexpected cost and delays. Approximately $100 billion of wasted migration spend is expected over the next three years, and most enterprises cite the costs around migration as a major inhibitor to adopting the cloud. But not everyone is suffering these growing pains. A McKinsey survey of nearly 450 chief information officers (CIOs) and IT decision makers globally finds that a subset of organizations has shifted a majority of IT hosting to the cloud on time and on budget. This article reveals the aspirations and hurdles that business leaders are facing in their journey to the cloud—and what outperforming organizations are doing right. Businesses that follow the lead of cloud-migration outperformers stand to unlock some $1 trillion in value.”

Gartner: How can CIOs use technology to create and accelerate sustainability strategies?

IDG Contributing Editor, IDC Connect, Oct. 11, 2021

“Manufacturing organizations are under pressure to reduce greenhouse gas emissions in response to climate change concerns and stakeholder pressure while also managing other material sustainability issues. Bettina Tratz-Ryan, VP Analyst at Gartner highlights how CIOs can use data to support corporate sustainability strategies.

CIOs can support climate change’s mitigation and adaption strategies through a holistic data orchestration approach that correlates business focused outcomes with science-based targets. Applying data models across the manufacturing operations into the value chain with partners and customers allows for an assessment of the intensity of use of resources based on locations, environmental circumstances, and social impact on society. Data will identify social conflict and potential competition of access to resources or the impact on land use and labour conditions in emerging economies. CIOs can dashboard those insights to support data driven IT decisions with climate adaptation or mitigation in mind.”

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