Not since World War II, has the procurement profession been so disrupted as with the COVID-19 pandemic. COVID-19 revealed how globalization can both spread a virus and cripple supply chains. In response, procurement leaders are transforming themselves. By building new capabilities and ways of working —from data management to Artificial Intelligence (AI).  Still, procurement professionals will attest to the long-standing challenges around supply chain efficiency, information access and sharing and asset traceability.

 It's no secret that the cloud is the future of business and technology. Cloud computing has become a core competency for organizations, who realize the many benefits it provides, from scale to agility and cost savings to risk mitigation.

The last five years have seen phenomenal growth in cloud adoption.

While around 88% of organizations were already making use of the cloud in 2019, the advent of the pandemic in 2020 and the need for remote working massively increased the number of companies that are using the cloud to store business-critical data and infrastructure.