Migrating business applications to the cloud has saved 2020 for many businesses, to the extent that the vast majority (83%) of C-level executives expect the changes they made to stabilise their revenue will become permanent. What’s more 80% of leaders expect a quarter or more of employees to stay working from home in future.
Lockdown 2.0 has underlined this outlook.
Unsurprisingly, remote working and the creation of contactless business models and processes accelerated cloud migration for 76% of senior executives worldwide. The unexpected speed of business transformation has brought about some long-term benefits and it’s not gone unnoticed.
C-Suite execs report that employee productivity has significantly improved as work-life balance has been redressed, at least in the short-term, leading to a greater retention of workers who are enjoying the flexibility of working from anywhere. It’s also true that geography has taken second place to hiring the best candidate for the job, with skills being the most important criteria aided by having a much wider geographic pool of potential people to choose from.
With this renewed appreciation for how technology can facilitate productivity, we will see more executives forge ahead with network and application plans to support exploding customer and supplier demand for contactless interactions.
But it’s not been without its challenges, and this will continue to be the case as businesses find their new equilibrium. Budgets have been scrutinised and cuts have had to be made to make it all possible. What’s more skilled IT personnel have been under immense pressure as plans to roll out technology were brought forward by years in some cases.
Accelerated pivots have created blind spots in security too. Research shows that a lack of understanding of the threat landscape, and a hope that cloud providers will provide adequate security, has resulted in 40% of senior execs citing an increase in