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A roadmap for mid-market business owners
Adapting customer loyalty
Australia and the corporate governance experience
Australian and UK rail franchising experiences
Australian Regional Capacity Index
Australia's defence industry and the rise of Asia
Better business reporting – the journey continues
Big Data and why it matters
CHAFTA: Look to China for growth
Chinese Investment in Australia Demystified
Cloud – enabling business strategy
Corporate growth
Critical actions for a positive future
Cyber and digital security
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Cyber security – Protect your business
Cyber security – Respond to cyber threats
Cyber security – Secure organisational growth
Digital: A framework for the age of disruption
Digital: Reinventing the customer experience
Digital identity key for unlocking new business
Disrupting the board
Empowering Australians' impacted by their service
Financial reports de-cluttering in ASX200 companies
Financial System Inquiry – Innovation: Digital identity
Financial System Inquiry – Regulatory system
Financial System Inquiry – Superannuation and retirement incomes
Fixing Australia's naval shipbuilding industry
Future of investment management
Global shifts in defence and security
Harnessing the power of disruption
Here comes the M&A boom
Human services: rethinking regulation
Improving cities through urban renewal
Indirect Tax and International Tax – double the trouble?
Infrastructure trends
Leaving leadership development to chance is not worth the risk
Pricing: Defining the right strategy
Promising prospects in Australian corporate finance
Resource sector outlook
Risk transformation: Embracing conscious risk taking
Risk transformation: Engaging the first line of defence
Risk transformation: What makes a great CRO?
Road testing a public service reform agenda
Social media risks
Tax Reform: a call for fundamental change
Tax Reform: a new simplicity for fringe benefits
Tax Reform: a single tax collector
Tax Reform: stopping the fiscal drag
Tax Reform: property services tax
Tax reform – shaping the future
Tax transparency and morality
Technology and growth: working with the 'connected customer'
Technology's impact on investment industry
The constantly changing role of the CIO
The power of population
The private side of public investment
The Road to Paris
Transforming for consumer growth
Urban and regional growth: a smarter way
Utilities: technology is the future
Value of Audit
What is the future for government?
What a Japanese submarine option could mean for Australia
Cloud – enabling business strategy


Cloud – enabling business strategy

Innovation is said to be the last key differentiator for organisations. Yet while it manifests itself in many different ways, there are some common themes apparent.

No longer is innovation merely about product and customer outcomes. It is about delivering those outcomes in an agile and cost effective manner.

Cloud has become a critical element here as IT professionals attempt to harness its benefits to deliver innovation within their complex organisations. Adopting an enterprise-wide perspective, IT professionals have moved away from the notion that Cloud is simply about reducing costs. Instead they view it as a strategic business enabler; a source of 'value add' rather than a pure ‘cost out’ measure.

Jonathan Taylor
"No longer is Cloud solely about cost savings; it is an enabler of innovation."

Jonathan Taylor 
Partner, Technology Advisory
Amazon Web Services exemplifies this shift in attitude, although admittedly its executives did not set out to innovate around Cloud to begin with. Their journey began in the late 1990s, when Amazon experienced rapid growth in a short space of time. Within a few years revenue jumped from tens of million to hundreds of millions. This put considerable pressure on the entire organisation and prompted the company’s executives to develop a new approach to processes, people and culture.

They initially considered Service-Oriented Architecture (SOA) to deliver more agile operations. However this failed to meet Amazon’s needs as it did not move quickly enough. Amazon Web Services was the end result. It alone promised to support rapid innovation to continue the organisation’s stellar growth trajectory.

Innovation is often about delivering improvements to work place practices. It can span the entire business model or pertain to individual tasks. Cloud has a very real role to play here, empowering teams and individuals to get things done in a way that delivers tangible benefits to the organisation. Ideally, it allows for less time to be spent on non-productive activities, more on delivering business value.

There is no doubt the Cloud universe is swiftly evolving. For organisations, in a perpetual state of catch up, it is a matter of understanding how Cloud can enable innovation and how they should go about realising the benefits to hand.

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