Vertical Cloud Shifts 3.0 : Trend Analysis by Industry
The Top 10 Strategic Technology Trends for 2023 for an organization to scale was the use of Industry Cloud Platforms according to the recently published note from Gartner in October 2022.
Global cloud technology providers like AWS have moved on from generic infra-apps cloud 1.0, to horizontal function-specific cloud services 2.0, to vertical clouds 3.0. Enterprise leaders should make the best use of these industry cloud offerings
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Different industry verticals prioritize their cloud journeys and technology adoption/use case implementation roadmaps, using different strategic objectives. Banking for instance prioritizes cloud leverage for strategic gains and competitive advantage, beyond just operational efficiency.
Industry clouds are designed based on these differentiated priorities. For example: The cloud-based technology use cases, accelerators, pretrained models, regulatory best practice knowledge-base etc. are designed, developed and bundled as per the specific needs of industry verticals like BFSI, manufacturing, retail etc.
Adjacent industry verticals such as manufacturing and retail share a few strategic objectives such as “cloud for resilience”, for example in their common critical functions such as supply chain and logistics. They can cross-pollinate and cross-leverage relevant cloud technology applications, across verticals.
Pat Sullivan, TJ Singh, Mark Purdy, Stessa Cohen, Jeff Roster, Dan Miklovic, Foong King Yew, Tapati Bandapodhayay