Cloud strategy maturity varies by industry

Our survey shows that companies have a sophisticated understanding of the cloud and its benefits—and have ambitious plans about which applications and data they are moving to the cloud. But without a well-defined strategy in place, companies may still run into problems. As you can see in the chart of our total respondents below, a majority of firms have an understanding of their options, but strategies and metrics are in short supply.

Please indicate your agreement with the following statements about the maturity of your company’s cloud and managed services strategy (Top-2 box scores) Click to enlarge

These numbers differ by industry as well. Professional services firms are significantly more likely to say they have an understanding of cloud options (66%), whereas retail lags by a wide margin—only 41% of those companies say so. Government and education are most likely to have clear expectations of cloud performance (49%), likely due to legislation and regulations in place for their cloud migrations.

Less than a third of our total survey respondents say they have a clear migration plan in place, which may spell trouble further along the path to value for these firms. This is especially true for financial services companies: only 20% of those respondents say they have migration plans. Government and education again lead the industry pack here—39% said they have a plan.

In case you missed it, you can read more about cloud strategy in our think piece on the topic. 

How do companies measure cloud success?

How do companies measure cloud success?

We’ve already seen the wide range of business functions that companies are moving to the cloud. But once that migration is complete, how are these companies quantifying cloud success? The 350 business and technology executives we surveyed cited a variety of metrics.

How do you quantify success in the cloud? Select all that apply.Q24.   How do you quantify success in the cloud? Select all that apply.

We saw in another question that respondents see collaboration among business units as a major benefit to cloud adoption, both today (63%) and in two years (83%), yet collaboration is not described here as an important measure of success. While companies may be sophisticated in migrating business functions to the cloud, they may not have a fully mature view of the benefits and successes a cloud migration can bring.