At the board of directors’ meeting, the CEO is presenting the forecast for the next year. This time, he or she is discussing the use of cloud-based technology to launch a new product, including the ability to use this technology as a “force multiplier” and a platform to launch new products and/or services that will change the industry, increase shareholder value, and just make the company current.

The CIO is just sitting there, looking sad. It seems that many businesses have seen what we’ve known for years: that cloud computing is a game-changing technology that will become strategic to many types of businesses. Because it’s strategic, the control of the cloud strategy is removed from the CIOs (and IT in general) and placed in the hands of the CEOs, COOs, CMOs, and CFOs. How did CIOs let that happen, given their longstanding desire to be strategic?

To read this article in full, please click here