There is also a compelling business case in terms of labor mobility and management flexibility, and as one respondent said, "Cloud computing provides much more flexibility than past computing methods." These efficiencies are magnified for companies involved in extensive M&A programs. Business leaders repeatedly highlighted that the Cloud offers unparalleled 'flexibility' and will generate particular benefits for executives 'merging companies.'
There is considerable interest in how the Cloud is monitored and regulated. There is a feeling that it is important to safeguard the Cloud from regulatory interference, and from any kind of barriers. At the same time, a complete absence of regulation may also be unhelpful to growth. For instance, some business leaders also spoke of the importance to have "clarity on licensing and regulatory policy," and for there to be "proper monitoring," especially in the emerging markets, to provide greater confidence about investing in such technologies.
As the findings in this report demonstrate, business leaders are united about the potential of the Cloud. Not only does it have the potential to significantly improve capacity and flexibility, but it also has the opportunity to generate new competitive advantages, transform business prospects and generate economic value.