How the cloud will kill your business

Posted on 08-06-2018 , by: admin , in , 0 Comments

One of the benefits of cloud computing is that it lets you punch above your weight. A business can quickly enable computing resources at a fraction of the cost it once paid, so cloud computing helps level the field for smaller businesses.

This is good news for the smaller businesses. But it’s not such great news for larger companies that now face a smaller business that’s disrupting their market. There is an impressive list of once-small companies that did this, a list that includes Uber, Airbnb, and Netflix, as well as hundreds of other smaller companies that have driven market share to their doors by using cloud-based technologies as accelerators to disruption.

Examples of their cloud-enabled smaller disrupters include a health care supply company that uses RFID to automatically detect low stock and automatically reorder new stock without bothering the staff. It also can update the accounting system, pay vendors, track shipments, and deal with mistakes, all automatically, without frustrating the people. This is innovation that the larger businesses could not imagine.

The Global 2000 moves too slow to deal with this threat. These very large corporations—it doesn’t matter if they’re in the finance, health care, retail, or you-name-it space—typically can’t change fast enough to keep up, including making the necessary changes in IT.