Companies are increasingly turning to the cloud for its advantages over traditional Information Technology (IT) models due to its flexibility, speed, resistance and scalability, but they still have a pending challenge: treating the cloud as an integrated business transformation and technology.
Today, many companies are struggling to get beyond pilots, as success requires treating the cloud as an integrated business and technology transformation, rather than simply viewing it as the next generation of application hosting.
In this regard, Felipe Villarreal, Partner and Digital Leader for Latin America at McKinsey & Company, maintains that cloud platforms represent a trillion-dollar opportunity and can unlock between 10 and 20% increase in EBITDA, since the value of business acceleration is 10 times that of mere IT cost reduction.
On the other hand, many recent technologies, such as blockchain, big data, machine learning, and artificial intelligence, can only work effectively in the cloud.
Faced with this scenario, and convinced that taking advantage of the full potential of the cloud requires a strategic vision (in addition to technical experience), Cloud by McKinsey positions cloud platforms as a strategic ecosystem that can not only help organizations move faster and lower IT costs, it can also support innovation and the integration of powerful and disruptive technologies.
Cloud by McKinsey -which was created in January 2021 after the acquisition of Candid Partners, a company specialized in migrations to the cloud, by McKinsey & Company- is already responsible for the development of more than 300 initiatives and four patents on this accelerating technology.
That’s why, with a team that brings together business strategists and experienced engineers, developers, and data scientists, he helps his clients with end-to-end cloud transformations, from initial strategy, business case development, and path to architecture design, application migration, and process optimization.
With almost 100 years of experience, McKinsey & Company is now present in 67 countries around the world and works with companies in the private, public and social sectors to help them accelerate sustainable and inclusive growth, improve their performance and build a healthy organization. long-term.
This includes unlocking the opportunities provided by new digital technologies with a holistic view of their impact. In addition to helping organizations in Latin America tap into this full potential, McKinsey & Company will also seek to support the region’s digital talent by training experts in cloud technologies.
