Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Industry News

| More

Enabling Cloud as a First Step to Business Transformation

Posted On: 2019-08-28 13:39:19

Yasser Zeineldin, CEO from eHosting DataFort

Moving a business to a Cloud platform or a Multi-Cloud platform requires preparation, thought, and a list of objectives, to remain focused and accountable. While the Cloud buzzword has now become a familiar term, many businesses have adopted it as a tool, and not so much as a strategic exercise to help the organization move to a much higher level of digital agility, flexibility, and revenue. Mapping the Cloud journey before executing it, is imperative, since it can be the backbone for a much larger organizational change covering end-user job roles, departments, and an end-to-end work culture.

Here is a possible structure that small, medium and large businesses can follow to reach a much higher goal and end-point in business and digital transformation.

Detail your business objectives

Businesses should start by taking a look at their regional markets and evaluating how many of their competitors have adopted Cloud as a business strategy. This will give them an idea of how far ahead or behind they are from the rest of the pack. Next it is important to make a complete and exhaustive list of what are the primary business objectives of moving to the Cloud. It could be about making available selected business applications to a much larger number of employees based on a more economical cost of Cloud-based software. If the business is expanding geographically, it may be about enabling end-users to go-live in a cheaper, more effective, more connected and more rapid fashion manner, by going all-Cloud.

On the other hand, the Cloud migration exercise may be based entirely on various IT objectives of reducing maintenance and upgrade costs, due to availability of Cloud-based software. Software available from a Cloud platform is automatically upgraded and kept secure by the software vendor from whichever part of the world it is accessed. Data saved while using such a Cloud platform can be accessed from whichever part of the world the end-user moves to next, while they work outside office or work at home.

Migrating to the Cloud also offers longer term stability by allowing the business to replicate itself across many more Cloud platforms, therefore making it disaster proof. But it can also add more complexity in terms of service level agreements, security responsibilities and vulnerabilities, and country level data compliance requirements. These need to be taken into consideration in the planning exercise.

Next, the business needs to evaluate whether the end-user experience of using the Cloud software is superior to whatever it is using at present. The longer its end-user community has been using a particular business application internally, the longer it will take for them to adapt to the new environment. This resistance to change needs to be planned for during the migration exercise, in terms of change management and mentoring.

Other than the end-users, will customers also be impacted? If yes, then a change management evaluation needs to be made for them as well. Customers are always looking for superior experience and innovative service offerings, and adoption of Cloud needs to be a step forward in this direction.

Relook at job roles

Adopting and migrating to the Cloud empowers the overall organization and its employees. By default, an IT department usually wields the clout, by having central control on the delivery and support of IT resources and business applications. By migrating to the Cloud, the control of the delivery of business applications has now moved outside the organization. This outsourcing initiative, frees up more resources inside the IT department, allowing them to spend time looking at more strategic and longer-term initiatives.

This could be about how to use automation to remove manual and repetitive tasks from an employee's work time. It could be about how to use better analytical tools to enable higher levels of business insights for customer facing teams and senior management executives. It could be about how to manage larger volumes of data being generated through larger number of end-users now accessing cloud-based business applications. This would require building various data architectures and using various Cloud based analytical tools to enable business decision makers to get much better insights into customer behavior or in general organizational performance metrics. These responsibilities require new job roles and possibly new staff as well.

The organization also needs to identify its Cloud champion. Is the CIO a logical and suitable choice or is a business head more suited to lead the organization in its Cloud journey. The Cloud offers a myriad of choices in terms of availability of business applications and adoption of best practices. This needs to be mapped into the organization's core competence. Therefore, a business head, with multi-departmental experience, and good people skills may be a more logical choice. On the other hand, business heads may primarily look after their own interests and targets. They may not necessarily execute a holistic picture of a pan-organization wide Cloud strategy in a balanced manner. Selection of a Cloud champion needs careful consideration using a number of internal pros and cons.

While technology continues to change how we run our businesses, a planned approach to transformation can provide visible benefits in terms of productivity, service and profitability. It can also provide a sound basis for convincing the rest of the organization to get onboard with larger transformational campaigns. When it comes to the Cloud, the right pace and process are key to finding success. Those that get it right will drive business impact today and be ready to adapt to whatever tomorrow holds.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Global shrimp demand and prices contract following the n-coronavirus pandemic: ICRA

ICAI 70th Annual Function

ETMONEY unveils India's first and only tax saving solution

Cashfree introduces 'Instant Settlements', makes online payments as attractive as cash

TrustLine Announces Successful Closing of Intrinsic Deep Alpha AIF - Category III Offering

Bharti AXA General Insurance Receives IRDAI Nod for Health and Motor Insurance Proposals under Sandbox Project

Ather Energy invites dealers to set up experience centers across India

Restriction on import of refined palm oil will safeguard the margins of domestic palm oil refiners while also improving their capacity utilisation: ICRA

Cognizant Named a Leader in SAP Services by Independent Research Firm

CarDekho becomes first auto fintech platform to process 100 cr of monthly used car loans

Super Surfaces raises half a million USD as Angel Funding

KARVY Group initiates corporate restructuring

ICRA Analysis: Hospital sector performance on the growth path after two years of subdued performance

ICRA maintains stable year-end outlook for Construction sector

ZestMoney's 0% EMI Launched on Myntra

Ministry of Railways revises tariff of standard meals on static units

ClearTax launches feature of Nil GST Return Filing for CAs and Businesses

Almost 70% of BankBazaar Consumers have a Healthy Credit Score

MSE Financial Services Ltd has commenced online trading

JNPT bags 'Public Port of the Year (container)' at the Samudra Manthan Awards

TAFE Chairman Mallika Srinivasan appointed to the Global Board of U.S.-India Business Council

Mastercard Picks BharatPe for its Start Path Program

Adani Foundation celebrates skilling 50,000 youth

Vikram Solar Brings Solar Energy to 3 More Airports in India

Times OOH helps Godrej Interio set up Experience Zone at Mumbai Airport

Vikram Solar wins CII Award for Customer Obsession Three Years in A Row

Windrose Capital leads the $600K investment round in Nivesh.com

CarDekho closes $70 million round from leading investors in China and Europe

Bosch Power Tools inaugurates Bosch Service Center in Mumbai, India

CarDekho Group forays into Philippines, acquires Carmudi

Dun and Bradstreet launches first-of-its-kind cloud database repository on Indian businesses

GoAir attracts global delegates at Global Exhibition on Services 2019

Sluggish demand tempered cement prices; demand growth likely around 4% in FY2020: ICRA

ICAI signs MoU with Kuwait Accountants and Auditors Association (KAAA)

PAYBACK India Strengthens Travel Portfolio by Partnership with Online Travel giant Cleartrip

FlexiLoans.com emerges among the top 100 global FinTech innovators' list by KPMG and H2 Ventures

Over half the delayed housing projects in India's 9 residential markets are in MMR: PropTiger report

Cognizant Named an AI Consultancy Leader in Asia Pacific by Independent Research Firm

SIDBI plans to set up Swavalamban Connect Kendras to promote the spirit of entrepreneurship

Virgin Atlantic relaunches daily direct flights from Mumbai to London

MX Player raises $110 million from Tencent and Times Internet

OPPO to Launch Qualcomm-Powered Dual-Mode 5G Smartphone by End of 2019

Indians Accumulating Gold The Smart Way This Dhanteras With ETMONEY GoldDeposit

Mr. Ratan N Tata felicitated with the Chiratae Ventures Patrick J. McGovern Lifetime Achievement Award 2019

SIDBI acknowledges outstanding performers in the Micro and Small Enterprises sector with SIDBI India MSE Awards

Saraswat Co-operative Bank launches 'Saraswat Bank 100+ Smart Savings Account App'

Afghanistan Trade Event Drives Over $55 million in New Business

InstantPay granted Corporate Agency license by IRDA

ICAI and ICAEW renew qualification reciprocity agreement

Implementation of Uniform Banking Hours in all Public Sector Banks (PSBs) on PAN India







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019