Catch up with the cloud - CFO Summit

Like the advent of the personal computer and the world wide web before it, cloud computing – Internet-based computing that provides shared computer processing resources and data to computers and other devices on demand – holds the power to have far-reaching effects on companies and employee productivity. In a world in which disruption seems to be a constant and change occurs at breakneck pace, can organisations ignore the business benefits of the cloud, which include increased productivity, IT flexibility, and performance improvement?

The decision to implement new technology is not the sole reserve of the CIO, but also involves the modern CFO, who in the perennial search for cost-savings, the optimization processes and the competitive advantage, will find the business benefits of cloud computing attractive. The cloud, which crosses into virtually every corporate function and properly aligned with company strategy, offers a viable alternative to on-premises IT infrastructure, is one of the hottest IT talking points in boardrooms across the country.

The second installment of the CFO Summit series takes place in Cape Town on 22 March, with the private sector track featuring the likes of Oceana FD Imraan Soomra and CFO of the Year 2016 Woolworths' Reeza Isaacs, along with more than 100 of the Mother City's leading financial executives. Cloud computing and unlocking value in volatile times are the subjects of discussion.