The annals of business are filled with the stories of what could have been and missed opportunities. From printer giant Xerox’s surrendering of what would eventually become Mac OS to video giant Blockbuster’s passing on acquiring Netflix, there are enough lessons to fill business school classrooms for years to come.
What’s even more shocking is that despite these lessons, many business leaders will still ignore the warnings and make the same mistakes – over and over again.
Avoiding Obsolescence
Business transformation is a natural part of the economic cycle. As industries mature, so do the right organizations who pay attention to those changes. Those who don’t are left to wonder what could have been, including the 88% of organizations who were a part of the Fortune 500 back in 1955, but failed to make the cut in 2016.
One of the easy ways to avoid obsolescence at the mercy of the market is adopting the right technologies and paying attention to trends. Instead of the internet in the 1990s, the trend now is towards cloud computing. Already, organizations are seeing the benefit of cloud, from lower financial impact to being able to add features that extend a product’s shelf life.
If you’re looking to learn more about how cloud can influence your organization, join us on our next Cloud First webinar tomorrow at 11 a.m. PST / 2 p.m. CST where our experts will discuss how cloud can drive innovation. You’ll also have the opportunity to get your cloud questions answered.
See you there!
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