Whether ready or not, organizations across industries, regardless of their size, are today forced to embrace digital transformation (DT) in some way or another. And, while doing so the cloud has emerged as the centerpiece for building a “digital-first” organization. Cloud computing offers the power to co-innovate with service providers and it also enables offering intelligent solutions that are accessible, adaptable and agile. Today, we’re witnessing an interesting transition from a cloud-first era to a cloud everywhere where the enterprises of today are asking “which type of services?” instead of “whether they should or not?”
If you’re also someone who wants to pace up your digital 2.0 goals, now is the right time to take a cloud-first approach. Through this write-up, we’ll try to capture the real value of how CIOs/CTOs can align their investments & strategy that is centered around digital transformation & cloud computing.
Here’s What We’ll Cover:
The scope of digital transformation for any organization is much broader than simply shifting record-keeping practices that were paper-based to digital files. In this digital day & age, the implementation of digital devices, apps, digital storage and more allows businesses to change their processes to intuitively engage customers.
In the modern scenario, it helps ensure;
The new channels brought forth by cloud-powered digital transformation must allow businesses of any size to keep pace with the digital age. The focused services should be able to support modern-day essentials, including apps, IoT devices, machine learning, big data analytics, augmented reality and more – which require heavy amounts of computing power with hefty processing capability and robust security mechanisms. And, all of this without the need to purchase and maintain physical servers or a facility to house them.
Growth prospects of Cloud
Cloud adoption is the first step towards any successful digital transformation. And, one of the essential steps in this process is digitizing the data. Though to transform a multifaced business is a lengthy process and it requires intense research with in-depth knowledge of the application. By leveraging platforms that offer a robust infrastructure, a business can rebuild its service offerings, databases and more.
Listed below are some of the benefits they can enable businesses to leverage;
We can help you leverage the power of cloud that enables efficiency of your business operations
By now you could relate to how cloud and digital transformation can help modern businesses to realign their business process. It is by optimizing the various aspects that are valued by today’s digital economy. And for that, they need an effective business strategy.
There are essentially four key components of strategy by considering the organization’s goals, current structure and processes – much needed to make the “right” shift towards optimization.
Here it goes;
While we’ve discussed the key components of strategy, let us now also discuss the different approaches that could enable digital transformation with cloud. There exists three general approaches to enable both client-side and back-end operations (called the different types of cloud computing);
With the cloud, organizations can innovate more quickly, scale efficiently, innovate more easily and seize new market capabilities faster. All this while also reducing technology risk.
Here are the top 3 considerations for CIOs and tech leaders;
1. Focus on cloud investments that enable increased revenues & high margins.
To enhance business agility, innovation, and resilience, it is important to consider adoption by embedding reusability and composability factor. Such investments in digital transformation strategy can be rapidly scaled across the organization. This way you can extract maximum benefits out of cloud computing and achieve your potential cost savings rather than considering it for a specific application.
2. Select the right technology and sourcing model that aligns with business strategy and risk constraints
There’s no one-size-fits-all approach in defining cloud architecture design. Determining the right one by making accurate sourcing decisions can have a significant impact on risk and cost implications. A reliable technology partner can help you evaluate your unique business needs and further can help strategically determine the best fit for you.
As-a-service Options – Where to use What? While adopting the cloud in the digital transformation journey, CIOs and CTOs must determine whether to procure SaaS offerings or build their applications to run on IaaS or PaaS services.
There are multiple architectural models to choose from for running custom needs in the cloud, each with its advantages and drawbacks. It is vital to define and have a clear understanding of what they are for CIOs. It would help them to often create a tailored approach by leveraging services that embed operational efficiencies during migration to maximize the benefits:
3. Developing and implementing an effective cloud operating model
Capturing the real value of cloud migration requires changing both how IT as a function works and how it works with the business. Here are a few tips to future-proof your strategy:
As the world evolves and tech moves at breakneck speed, digital transformation is increasingly evolving as a mechanism of survival. And, in this, the cloud-based solutions are helping accelerate the digital transformation journey. In an era where success is measured by customer experience, both cloud-enabled and cloud-delivered business models would enable organizations to discover newer channels to maximize CX in the long run.
Explore Rishabh’s custom cloud software development services to learn how next-gen tech partners can do smart investments by leveraging cloud managed services and streamline the shift to SaaS, PaaS, and IaaS. With the right tools, we can make digital transformation possible with digital experts & advisors who can help and support companies to adopt the most suitable solution for their requirements. Our teams with the right mix of extensive experience & knowledge of technologies help deliver on projects of any scale & complexity to increase business agility.
Leverage our experience to embrace the cloud to support your strategy and accelerate businesses processes.