Brian R. May - Managing Director, Industrial North America, Accenture
Cloud, the popular metaphor for a group of on-demand and computer-powered services, has largely played a support role for industrial operations in recent years. Today, however, the scaling flexibility of cloud can provide industrial companies optimized IT cost, agility, and a platform for growth, which are critical to their future success—and with good reason.
From the start of 2020, industrial companies faced a challenging outlook. Revenue growth and profitability were slowing due to a progressing global economic downturn and a significant drop in industrial production. Many were focusing on efficiency improvements, restructuring, and reshoring the production chain, already making the flexibility that comes with cloud technologies a necessity. Full Article