Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

CXOs see cloud as a new operating model to reinvent their businesses: Accenture Report

Accenture

Technology giant Accenture has identified a select group of organizations that treat cloud as a new operating model to continuously reinvent their businesses using innovative, multi-cloud capabilities — across public, private and edge — realize greater business value, well beyond cost savings. The firm has mentioned these findings in its report titled-Ever-ready for Every Opportunity: How to Unleash Competitiveness on the Cloud Continuum.

Based on a survey of nearly 4,000 C-suite executives at both private- and public-sector organizations globally, the report explains why looking at cloud as a one-time migration to a static destination — essentially as a cheaper, more-efficient data center — is limiting.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

“Most organizations today deploy some mix of public, private and edge clouds, with little integration between them,” said Karthik Narain, global lead of Accenture Cloud First. “As a result, innovation, data and best practices achieved in one part of the organization aren’t benefitting others — thereby impeding value realization. However, a small percentage of organizations are positioning themselves to reap the greatest value from the cloud by viewing cloud as a continuum of technologies that spans different locations and types of ownership, dynamically supported by cloud-first 5G and software-defined networks to support the ever-changing needs of their business.”

AdvertisementSAAS

Also Read: Accenture to boost Mankind Pharma’s Digital Transformation with Data-Driven Cloud Platform

The report shows while organizations plan to migrate more than two-thirds of their workloads to cloud, on average, over the next three to five years, only half are using the full potential of cloud in its various forms to transform their day-to-day business operations, carry out knowledge work and modernize applications to meet business needs.

AdvertisementInfoComm India 2026

“A company’s future competitiveness hinges on choosing the right type of cloud for the right applications and cloud-based services — such as artificial intelligence, smart contact centers, edge computing, robotic computing, extended reality and others — from across the continuum and implementing the advanced practices needed to leverage those technologies,” Narain said. “By using cloud-first strategies, companies can build better customer experiences, smarter business processes and more sustainable products.”

 

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Tags: Accenture

Our Coverage of News

PowerUp Money Raises $10 Million to Build AI Wealth Manager

Bengaluru-based wealthtech startup PowerUp Money has raised $10 million (about ₹95 crore) in a round led by Flourish… Read more →

Xflow Launches Tool for Indian Firms to Pay Global SaaS Subscriptions

Cross-border payments company Xflow has launched SaaS Subscription Management, a tool that lets Indian businesses pay for and… Read more →

Two Point O Capital Raises $10 Million to Finance Clean Energy for Indian Businesses

Two Point O Capital (TW.O), a Gurugram-based platform that finances and deploys clean energy assets for factories and… Read more →

IRDAI Declares November Grievance Resolution Month for Insurers

The Insurance Regulatory and Development Authority of India (IRDAI) has declared November 2026 a "Grievance Resolution Month" for… Read more →

Infobip, Tesync Bring AI Digital Lending to Cooperative Banks

Infobip, the global AI-first cloud communications platform, and India-based digital technology company Tesync are offering cooperative banks a… Read more →

Digital Payments Firms Step Up Cyber Defences as Attacks Surge

India's leading digital payments firms, including PhonePe, Razorpay, Cashfree Payments and PayU, are stepping up their cyber defences,… Read more →

whatsapp--v1