Technology & Innovation

The fundamental five

December 16, 2014

Global

December 16, 2014

Global
Riva Richmond

Former editor

Riva Richmond is Director of Digital Media at The Story Exchange, a nonprofit digital media project that tells the stories of women entrepreneurs in articles and videos. Previously she worked as a Senior Editor with The Economist Intelligence Unit's Thought Leadership team in New York. She has reported and written about technology more than a decade, much of that time focused on information security and privacy issues. Prior to her current position, Riva was a freelance journalist writing for The New York Times, Entrepreneur.com, The Wall Street Journal and other national publications.

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This chart and an accompanying report explain the five fundamentals, in our view: cloud-aligned business strategies, organisational structures, corporate cultures, technology infrastructures and governance best practices.

 

As the basis of the Mapping the cloud maturity curve research, The Economist Intelligence Unit solicited the views of eight leading experts, based on their real-world experience, and reviewed relevant existing literature to identify the core foundational elements of a mature cloud strategy. This chart and an accompanying report explain the five fundamentals, in our view: cloud-aligned business strategies, organisational structures, corporate cultures, technology infrastructures and governance best practices. While companies can reap some benefits from the cloud without them, they are needed for the corporate engine to fire up at optimum capacity and realise the full benefits

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