The migration of IT workloads to the cloud is benefiting tech departments rather than the wider business, according to a McKinsey survey.
"A stunning 95 percent of European companies in our recent survey say they're capturing value from cloud, and more than one in three say they intend to have more than half of their workloads on cloud," the report said."But scratch below the surface, and the story is a little less rosy. The vast majority of the value companies have captured, for example, remains in isolated pockets and at subscale.
It makes the argument that the cloud would help create fleet-footed business units seeking new markets and commercial models seem less of a reality for some.However, the global consultancy argues that businesses' success in adopting new technical trends will depend on them measuring cloud migrations in different ways.