Cloud computing introduced a paradigm shift in how companies operated, maintained and spent on IT. Through its varied service models (IaaS, PaaS and SaaS), it offers companies the ability to spin up their infrastructure in minutes, auto scale on demand, pay only as per use and offset significant IT costs spent on running and maintaining expensive datacentres albeit at the expense of reduced granularity and control over infrastructure resources.
Whilst the last decade saw a number of enterprises experiment with cloud deployments, the verdict on its business value was still unclear. This has however changed in recent years, primarily due to the speed and tremendous growth of some of cloud’s early adopters (like Netflix and Spotify), which have made cloud a central part of every CIOs digital transformation strategy today.
