CIOs get strategic in the cloud: 4 success stories

Enterprise CIOs are gobbling up a vast buffet of advanced cloud services in the post-pandemic era.

In the aftermath of that unprecedented time, the cloud has evolved from a single-purpose compute and storage IaaS that saved business from global collapse into a far more complex platform capable of supporting a new class of advanced applications and dubbed by CIOs as the next-generation engine of innovation.

“Historically, the cloud has been deployed by organizations in a tactical manner, such as through data center consolidation. However, organizations of today view cloud as a highly strategic platform for their digital transformation needs,” says Sid Nag, a vice president and analyst at Gartner, noting that the cloud is now the foundation to all digital transformations.

In this post-pandemic era, CIOs, CTOs, and data scientists have tapped into so many layers of the cloud that it’s clear no three-point checklist will convey the abundance of business benefits gained. Following are several examples of how companies from a range of industries are making the most of the cloud today.  

McDermott cloud platform fuels new revenue streams

When a giant contractor of offshore oil rigs and liquid natural gas (LNG) facilities invests heavily in building sustainable, low carbon-footprint structures and products, it’s a sea change.

For oil rig constructor McDermott International, that transformation has been fueled by its adoption of the cloud, where massive data and analytics services have not only enabled the company to build its rigs and LNGs more sustainably and efficiently, they have enabled McDermott to productize these blueprint for partners, adding new business opportunities for the company.  

Cloud Computing, IT Leadership, IT Strategy