To go to market efficiently, your business depends on the speed and effectiveness of its ecosystem.
Supply chain clouds can help analyze bottlenecks, understand vendor and inventory status, predict the future and then adjust accordingly to optimize for market needs. Social and collaboration clouds connect partners to cultivate fragmented a competitive, innovative growth strategy. They enable teams to share on-demand status and solve problems together. The more efficiently your value chain performs, the quicker you can reap financial benefits.
A producer of cooling systems recovers more quickly after a devastating earthquake by using a cloud-based, dynamic supply-chain system that offers a holistic view into available supplies and production assets.
CFOs and financial organizations are decision makers. To make good and timely decisions, they need real time insight that can be garnered from big data and sophisticated analytics.
With the explosion of big data, marketing and operations will continue to rely even more heavily on insights from Finance to
inform how they deliver value to customers and adjust to meet shifting demands.
Since CFOs keep their fingers on the pulse of enterprise financial health, they’re uniquely positioned to offer strategic guidance on how to best allocate cash flow and resources initiatives.
Enterprises around the world are capitalizing on cloud analytics to determine:
Analytics clouds can analyze massive volumes and varieties of constantly changing data, providing information to help finance organizations answer these, and many more questions.
Not only that, as organizations integrate their company’s pillar analytics capabilities - that often have conflicting results, CFOs can use cloud to deliver a common analytics platform with a single version of the truth.
With the additional analytics insight - more than ever imagined before, CFOs are making better decisions and becoming more and more valuable to their enterprise, making their companies more competitive and successful in the rapid paced world.
While CFOs need a holistic view of finance initiatives to track and measure efficiencies, finance team members need to more seamlessly share data and to collaborate using up-to-date metrics and reporting.
With Collaboration Clouds, the capacity to instantly share real-time data beyond office walls powers crowd sourcing and effective finance global teaming initiatives, leading to standardized and consistent business management practices, processes and information integration. This is ideal for mergers and acquisitions, new function delivery and problem solving. The greater efficiencies the better the costs and operations.
Finance departments need their own applications to get their jobs done, too. With Development and Test Clouds, they can see improved time-to-value for their own internal financial applications like pricing, business controls and competitive analysis.
The worldwide marketplace is competitive. Businesses must constantly re-evaluate and re-invent themselves to stay in the forefront.
Cloud technology, with its speed, flexibility, agility, on-demand services, costs and pervasiveness can help organizations capture new markets by enabling product, service and business model innovation.
In fact, 79% of IT professionals identified enabling innovation as an important driver for investment in cloud computing technology.4
TP Vision, which manufactures the Philips TV brand, is radically changing the way TV viewers receive content by using the scalability of cloud computing to provision its Smart TV network and by analyzing consumer usage data to provide truly individualized services.
It brought down the cost per TV set by around 40% by putting the intelligence in the cloud, instead of in the TV.
Russell’s Convenience needed an easy way to connect and share information among its geographically dispersed stores and with partners to quickly identify and resolve operational issues.
It then leveraged cloud SaaS capabilities, enabling seamless collaboration and, in the process, increased sales in multiple markets and reduced key costs by as much as 33%.
ETH Zurich, a research firm, deployed a cloud-based platform that provides researchers with an unprecedented degree of access to much-needed computing resources and a range of commercial and open-source, life-sciences applications.
It dramatically accelerates and strengthens its ability to model and simulate diseases and verify experimental results.