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The global pandemic has forever changed the operational reality for businesses in every industry and geography. This InfoBrief highlights how businesses are responding to the opportunities and challenges created by the virtuous circle of change and innovation.

HOW TO SURVIVE AND WIN NEW MARKETS BY GETTING EVEN MORE VALUE FROM SIMULATIO

• Software as a service (SaaS) and cloud software provide a distributed workforce with remote, on-demand access to IT resources.
• Cloud provides the agility and resiliency to support current requirements and future outcomes, especially those related to digital transformation.
• Software as a Service Improves Collaboration and Accelerates Time to Value
• Rapid Cycles of Change and Innovation Raise Expectations From small business to enterprise, cloud-enabled data management and analytics are fundamental to delivering actionable insights for decision making
• Explosion of Data Produces Opportunities and Increased Risk The secure storage, movement, and sharing of sensitive information is a top priority and driver for cloud adoption. More than one-quarter of businesses experienced a breach before moving to cloud for increased data protection
• Cloud Is the Platform for Collaborative Product Development Company size, growth trajectory, and velocity of change contribute to faster cloud adoption. Small and medium-sized businesses (SMBs) increasingly adopt cloud and digital technologies for better collaboration and faster data-driven decisioning
• Importance of Cloud-Enabled Digital Technologies in Near Future What is the importance of each of the following new technology areas for your product and service innovation efforts over the next 12 to 24 months?

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