Glossary What are Industry Cloud Platforms?
By null / 1 Jan 2024 / Topics: Cloud Modern infrastructure
Industry cloud platforms are custom cloud solutions designed to meet an organization’s competitive and technical industry needs. According to Gartner1, an industry cloud platform includes software, platform and infrastructure as a service, and data to help businesses manage workloads and develop new capabilities unique to their industry. These cloud solutions are highly modular and require alignment between business stakeholders and IT.
An industry cloud platform improves an organization’s ability to have specific capabilities undergo digital transformation in an agile manner. Directly addressing industry requirements helps drive differentiation and improves time to value — contrasting comprehensive cloud and digital transformation efforts that require lengthy timelines.
General cloud solutions don’t always address every business use case an organization may have within its industry. By integrating industry cloud platforms, a business can create a cloud ecosystem designed specifically to its operating model through the adoption of applications on a case-by-case basis.
The impact of an industry cloud platform
Ultimately, an industry cloud platform will help an organization stay focused on its core business objectives. Teams will be able to deliver new capabilities, processes and products quicker that can drive growth. Gartner notes that among North America and European enterprises, adoption of industry cloud platforms is a growing, emerging trend.
Adopting an industry cloud platform can work like modern software development approaches, such as Agile, where value is delivered fast and often. This requires collaboration across all areas of the business to ensure the technology and cloud solutions are addressing specific needs. The result is a much more flexible business that can meet the latest needs in the market by innovating processes, products and tool stacks.
1 Perri, L. (2023, Nov. 16). What Are Industry Cloud Platforms? Gartner.
