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New Zealand, Australia Rank First in Cloud Adoption

Australia and New Zealand (A/NZ) currently rank joint first with the United States when it comes to cloud adoption, new research has revealed. A 2021 report shows A/NZ has shifted 43% of IT systems to the cloud in 2020. However, while this figure is set to advance to 52% by 2022, A/NZ will then rank joint third with France.

Australian and New Zealand enterprises have historically led the investment into the adoption of new technologies, with cloud strategies out of these markets world-leading according to the study. It is interesting to see local enterprises performing well when it comes to harnessing the cloud for speed, but less so across capability metrics said the researchers.

The study surveyed over 2,500 respondents from companies across U.S., U.K., France, Germany, Australia, and New Zealand. It covered a range of business performance goals related to the cloud and found specific links to competencies such as speed to market and capabilities.

A strong profit link was identified when using the cloud to rapidly bring new solutions and services to market. These investments provide a foundation to leverage AI and automation and build cloud-based new sources of revenue. The study found specific links between business profit growth and the use of the cloud to rapidly develop and launch new solutions and bring new functionality to market. The cloud’s ability to generate new value from data and discover new revenue sources also links to profit growth.

Specifically, these benefits are derived from an organisation’s ability to accelerate time to market, enhance business capabilities and build a competitive edge. The study found that the highest performing businesses had annual profits growth that correlated with using the cloud in six ways.

  1. Speed up how they develop and launch new solutions
  2. Add new functions to software in use
  3. Expand processing capacity
  4. Foster collaboration
  5. Unlock value from data via AI
  6. Discover new revenue sources.

Superior cloud performance requires high levels of adoption and orchestration. Cloud-fuelled profit boosts can be attained by companies in any region or industry. However, they only kick in when businesses have at least 60% of their systems in the cloud. To benefit from AI on the cloud, the bar is even higher. Businesses must have at least 80% of their business functions – such as cross-domain business applications – in the cloud for AI to boost profit growth.

Despite the acceleration in cloud adoption, only a fraction of large companies reached the highest level of performance and adoption, the report shows. The study found that nearly 1 out of 6 companies achieved exceptional cloud performance.

In cloud adoption terms, fewer than one in five have crossed the 60% threshold to reap the profit benefits. By 2022, more than 40% of enterprises surveyed plan to shift over 60% of systems into the cloud, from 17% today.

According to the report, companies delivering exceptional performance in the cloud show a strong motivation to use the cloud for business growth, namely, increasing speed to market, adding capabilities, and increasing scale.

The researchers conceded that today’s cloud creates a network effect across processes, data, content, experience and more. This network effect keeps enterprises relevant in a rapidly changing new digital age.

As reported by OpenGov Asia, the world has seen rapid acceleration to technology adaptation and migration to the digital space all because of the limitations brought by the ongoing pandemic. In New Zealand, five years of worth of advances in the digital transformation of businesses has occurred in eight weeks, due to COVID-19. This is the key finding of a new report by a New Zealand tech company. Also, the report finds that digital or digitally enabled products accelerated by seven years during that time frame.

Furthermore, this growth looks set to continue with findings showing that just a 20% increase in uptake of cloud computing by small to medium businesses will result in increased GDP. One of the obvious reasons behind this trend is that businesses have had to provide the ability for employees to work remotely.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.