Thinking of the cloud as a cost-saving tool puts businesses at a disadvantage, Accenture finds

The most successful companies consider cloud technology a continuum of tools for strategizing and transforming business practices, a study of leaders suggests.

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A survey of nearly 4,000 executives has discovered that the way businesses conceive of their relationship to the cloud can have a major impact on the business value and investment return they receive.

The study, performed by Accenture, divides businesses into two categories: Those that consider the cloud as a tool for cost savings and operational efficiency, and those that see it as “a launch pad for innovation and new operating models.” 

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