More mature markets such as the USA suggest the adoption of cloud platforms is likely to be between 50 and 75 percent of relevant ICT requirements. At 75 percent adoption, and based on current Australian GDP, this would result in opex and capex savings of 25 percent and 50 percent respectively.
Cloud is transformative in that it is creating new business opportunities as companies harness its power to efficiently facilitate new revenue, services and businesses. It is breaking down barriers in the supply chain and creating more effective and timely interaction between clients and suppliers. It is delivering speed, agility and cost reduction to IT and other functional areas within the enterprise. Its transformative impact can readily be seen in areas such as HR, CRM and IT Infrastructure.
Any change requires an evaluation of the inherent risks and a strategy to mitigate them. The cloud is not different. In addition to service delivery models and policies, a robust matrix should consider the storage of sensitive data, regulatory compliance issues, new data security and data controls and disaster recovery scenarios. Tax implications and international data access laws should also be considered.
As enterprises first approach the cloud, their tendency is to perceive the work as primarily IT-centric. But in reality the cloud is being driven by an ecosystem of participants. It is therefore vital to think of the evolution of cloud environments in terms of three broad sets of people and principals: service providers, business users and IT users. Any cloud implementation requires cooperation, agreement and compromise.
Cloud calls for executives to challenge their thinking, to look at old problems in a new light and to create new opportunities. KPMG's IT Advisory practice assists enterprises to balance their objectives, needs and wants against real capabilities and risks.
We consider your assurance across five key areas of the cloud – security, availability, privacy, integrity and monitoring. Our certification assists in establishing good governance with your service provider and customer confidence in the robustness of cloud services.