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The Trends (and Benefits) of Cloud-Based Technology Adoption: CPOs Take Notice

White Paper Published By: Determine (Selectica)
Determine (Selectica)
Published:  Jun 29, 2017
Type:  White Paper
Length:  2 pages

In the last half-decade, the adoption and use of cloud-based business solutions has been on the rise with procurement and supply management teams. In fact, Ardent Partners research has found that their adoption has grown by 37.5% over the past few years, with 54.6% of Chief Procurement Officers and their teams reporting cloud adoption in 2016 compared to 40% in 2014. Chief Procurement Officers and their teams reporting cloud adoption in 2016 compared to 40% in 2014. Chief Procurement Officers love "going to the cloud" because it allows them to focus on what is most important to them: automating and repeating processes, scaling resources, and driving greater value through greater volume.



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