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  • Tracecost Editorial Team

Do YOU have the skills you need to take advantage of the cloud?




When it comes to accelerating cloud initiatives, what’s keeping CEOs up at night the most is probably a lack of skills in the organization. For companies that have been low adopters (those doing less than 30% of their work in the cloud), almost half of CEOs cited a lack of the needed skills as a barrier to success. But even for high adopters (companies doing 75% or more of their work in the cloud), three in 10 CEOs are concerned about skills shortages.


Today, the key for organizations is to understand the capabilities and strengths of each model and apply them judiciously to enable business innovation and growth. How do you get started? Here are a few simple rules of thumb: IaaS is a simple way to access computing and data storage resources. With IaaS, an organization rents servers and storage in the cloud rather than purchasing and maintaining its own infrastructure. PaaS is a popular choice for businesses that want to create unique applications without making major financial investments. And SaaS, the most commonly used cloud application service, is an important means for organizations to access software applications.


SaaS started the cloud revolution. Companies could roll it out quickly, fund it directly from business budgets, and standardize processes while also enabling innovation. In 2015, Rolls Royce put in place a cloud-based HR system in 46 countries overnight using a SaaS solution. Before making this move, the company faced challenges getting an accurate view of its workforce and deploying the right people to the right places.


Above all, it’s vital for the CEO to become intimately involved in the cloud journey. Cloud is too important to a business’s fundamental competitiveness to be treated as an IT program. It’s about creating a platform for the efficiency, innovation, and growth that will determine the future success of your business.

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