PricewaterhouseCoopers offers guidance on cloud computing, resolving technology barriers
PricewaterhouseCoopers LLP (PwC) has released its executive publication, 10Minutes on the Cloud, which is part of PwC's 10Minutes series providing "straight to-the-point" perspectives on critical business issues for senior executives, including new insight into the opportunities available to organizations through cloud computing.
- Strategy – Begin with business imperatives, then identify the technical components of cloud computing your organization already has in place.
- People – Anticipate a reassessment of talent needs; for example, IT will require architects with the ability to leverage the new cloud capabilities.
- Processes – Anticipate changes across the organization; for example, R&D will need to align more tightly with IT, and Finance will need to anticipate impacts on profitability, budgeting, and depreciation when shifting product purchases to service delivery of IT.
- Technology – Be prepared to address internal challenges, such as data security and governance in the cloud model, and shifting service models to the business.
- Structure – Thoughtful consideration of the organizational impacts will smooth the transition to cloud computing; for example, consider the impact that rapid and inexpensive provisioning of technology will have on product development.
Voice of the Editor
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Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.