More than a storage solution: For these companies, the cloud is at the core of continuous innovation

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The cloud is opening up new business opportunities that were previously impossible or prohibitively costly, experts say

Not too long ago, most organizations saw the cloud as a storage solution – a place to park their data on the cheap. That’s no longer the case.

“We had expected this cloud journey to last at least six to eight years,” says Ms. Jackson. “Now, we’re expecting it to be three.”Toronto-based FastOffice, founded in 2018, has moved quickly along the continuum. Founder and architect Colin Graham wanted to solve a common problem for landlords and brokers: the relatively slow pace of putting together and comparing potential layouts for new office spaces.

The result wasn’t just a faster, easier-to-use product, but an opportunity to introduce new products and services previously impossible. “I doubt many business owners before COVID said, ‘Hey, let’s all try working from home,’” he says. “And pre-cloud, it would have been much harder to make that switch very quickly because it would have meant standing up a huge amount of IT infrastructure on your own.”

 

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