Editorial
As we say goodbye to 2023, it’s clear that cloud computing is shaking things up for businesses. This year saw big growth in private cloud services, with experts predicting a whopping 26.71% yearly increase. Public cloud spending is also set to hit a massive USD 591.8 billion globally, focusing on Software as a Service (SaaS) and Infrastructure as a Service (IaaS) solutions. Using tools for cloud optimization and automation is now super important for efficient and resilient business strategies.
Businesses, especially, had to make important choices about investing in cloud infrastructure. TCS, a top consulting company, spotted five key trends: Cloud 2.0, sovereign cloud, 5G and edge computing, industry cloud, and talent shifts. Navigating through these trends is a must for companies looking to stay strong and successful in the always-changing business world.
Cloud computing is making a big impact on banking as well. In our tech-driven world, it’s helping banks come up with new ideas, be tough in tough times, and grow without breaking the bank. But, before banks jump into using it, they need to think about the possible problems that might pop up. We’re taking a closer look at how banks are dealing with these challenges.
In ‘This Week in Consulting,’ we dug deep into cloud computing, sharing success stories, industry growth, and real-life cases from different sectors. We hope you enjoy reading it and would love to hear your thoughts. Join the conversation shaping the future of business technology!
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we dug deep into cloud computing, sharing success stories, industry growth, and real-life cases from different sectors.
The BCG report meticulously examines cloud computing’s implications for the banking sector, emphasizing benefits, concerns, and risks. Highlighting board leadership, it articulates five crucial questions for consideration, provides principles for cloud model selection, and tackles security and deployment challenges head-on.
This week’s media
Simplilearn’s video provides a comprehensive exploration of cloud computing, delving into its business advantages, types, components, and services. Emphasizing alignment with business needs, deployment models, and success stories, it also highlights industry growth, trends, and specific organizational cases.
Thought Leadership
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Maxima Consulting delves into the 2023 cloud computing landscape, spotlighting robust trends. Technavio forecasts a 26.71% CAGR in private cloud services, while Gartner predicts global public cloud spending to reach USD 591.8 billion, emphasizing SaaS and IaaS solutions. Cloud optimization and automation tools become imperative, driving industry strategies.
Lambert Consulting’s article delves into cloud computing’s transformative impact, dissecting 50 trends for 2023. Global market projections soar to $832.1 billion by 2025, driven by security advances, IoT, AI, and quantum computing. Lambert offers tailored cloud support for optimal investment yield.
In 2023, enterprises face pivotal decisions in cloud infrastructure investment. TCS highlights five key trends: Cloud 2.0, sovereign cloud, 5G and edge computing, industry cloud, and talent shifts. Navigating these trends strategically is crucial for resilience and success in the evolving business landscape.
IBM’s report, a collaboration with Oxford Economics, delves into enterprise cloud adoption in the energy and resources sector. Surveying 7,164 executives across 44 countries, it highlights digital strategies and cloud investment’s impact on business performance.
This week’s consulting news selection
KPMG Canada partners with Chainalysis to combat crypto fraud, certifying investigators and offering advanced solutions. Joint effort enhances forensic capabilities and compliance in the evolving crypto landscape.|
Deloitte Canada acquires Fleet Challenge, enhancing sustainability leadership with expertise in fleet management, decarbonization. Joint efforts strengthen client support and solutions.|
Erik Olson joins BerryDunn as Transaction Advisory Services lead. Deepening financial analysis, expanding expertise for strategic business needs, reinforcing the firm’s comprehensive support.|
Brennan Yadlowski, recognized for leadership and tech prowess, appointed Managing Director of Avison Young’s Calgary office. Focused on growth and collaboration, succeeding Todd Throndson after 26 years, who transitions to mentoring role.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
