The cloud computing paradigm has become a key path and leading example of successful digital transformation. While organizations can digitize without relying on the cloud, access to its myriad of benefits accelerates and perfects digital transformation by enabling remote user access, distributed collaboration, cost reduction, modernization, and business efficiency.

Digital transformation itself has become imperative amid the ongoing public health crisis, largely due to its role in helping businesses realize those cloud gains. There are several recent developments in the cloud space that have a direct impact on its usefulness and that of digitization in general. The main ones are the following:

♦ The API economy: The cloud enables decoupling of services traditionally associated with monolithic platforms, resulting in content management services while …

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