Defining Cloud Computing and Its Various Layers: Supply Chains in the Cloud (Part 2) [Plus+]

cloud jijomathai/Adobe Stock

Why is the cloud important? For procurement applications in the cloud there is an inherent “democracy.” Participants, without regard to role or particular software instance, effectively participate on the same platform. This does not in itself mean that there is a neutralization of benefit for one party or the other, but it does mean that while participating in the exchange of value, there may be a greater opportunity for collaboration or discovery. Moreover, cloud levels the playing field internally (for business users) and externally (for suppliers and trading partners). And it does so without regard for size, IT skills, experience and budget (within reason).

For full access to this Spend Matters Plus content: