In his keynote address at CA World 2010, Bill McCracken, Chief Executive Officer,CA Technologies, told that the technology industry is at an inflection point, and that business will embrace virtualisation and cloud computing in order to remain competitive.
"When economic conditions, technology advances, and customer needs align, transformation happens," said McCracken. "As we emerge from the global economic downturn, we have a tremendous opportunity to leap forward and embrace change, or risk being left behind."
McCracken also described a vision for how all businesses will evolve. "People still ask if I think the cloud is really going to happen. I say no; I don't think it's going to happen. I know it is going to happen because it is happening now. Virtualisation and cloud computing will enable businesses to adapt to rapidly changing market and customer needs. We will be right there to help our customers gain a competitive advantage as this critical inflection point in our industry takes hold."
"Running IT in a cloud-connected enterprise will be more like running a supply chain, where organisations can tap into the IT services as needed - specifying when, where and precisely how they are delivered," he said. "This has never been more important, because business models no longer change every few years or even once a year. Cycles are increasingly shorter, which puts a whole new set of demands on the CIO and on the organisation."
Updated Date: Feb 02, 2017 22:33:43 IST