The cloud is benefiting IT, but not business - “The central promise of cloud computing was to usher in a new era of agility, cost savings, and innovation for businesses. However, according to the McKinsey survey, only one-third of European companies actively monitor non-IT outcomes after migrating to the cloud, which suggests a less optimistic picture. Moreover, 71% of companies measured the impact of cloud adoption solely through the prism of IT operational improvements rather than core business benefits.” And: “Only 32% report new revenue generation despite having invested hundreds of millions of dollars in cloud computing.” N=“50 European cloud leaders.” // So, backward-looking FUD, sure