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Crunch time 8 - The CFO guide to cloud

Crunch time 8 - The CFO guide to cloud

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SUMMARY

This report reveals that Finance Executives can help drive higher valuations by concentrating on cloud-based solutions in their business platforms.

This report aims at helping Finance Executives and their companies to make better cloud decisions. More than 90% percent of CFOs surveyed for this study indicated their organizations are adopting cloud computing or planning to do so. Around half of them said cloud technology would be essential to the performance in the near future of their business.

The report identifies a few areas of risk - such as data security and privacy - to keep an eye on when taking into account cloud migration. However, while there are potential risks around cloud adoption, there are also plenty of examples of organizations gaining considerable benefits from it.

Regarding other challenges companies face when it comes to cloud adoption and cloud migration, the reports make a special mention of the supply of talent. Large cloud service providers attract many of the best professionals, leaving other firms in a harder situation to attract the staff they need. 

The study mentions that cloud computing represents a promising opportunity not only for the Finance area itself of many companies but to other business areas such as sales and marketing, supply chain or customer care. Finance Executives should be aware of these opportunities, the report notes.

OUTLINE

Now or later

The cloud value proposition

Accounting treatments

Contracting

Security and risk

Talent models

Finance opportunities

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Crunch time 8 - The CFO guide to cloud
Region
Global
Published
Feb. 1, 2019
Publisher
Deloitte
Author(s)
Matt Schwendehman, Sameer Shah, Whitney Horner
Price
FREE
Language
ENGLISH

Content

Number of Pages
29
Number of Tables
0
Number of Exhibits
11
Topics
cloud
Tags
cloud budgets, cloud computing, cloud migration, cloud savings, cloud security, cloud service providers, Deloitte, global, hybrid cloud, multi-cloud, SaaS
Author(s)
Matt Schwendehman, Sameer Shah, Whitney Horner
Methodology
Not available
EVALUATION

An insightful report addressed to Chief Finance Officers to help them make effective cloud decisions.

Positives:

  • Well-structured, nice layout
  • Understandable language
  • Good tables with data
  • Great case study about innovation in the cloud

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