How Cloud Technology Flare Business Digital Transformation?
Cloud computing is one of the buzzworthy technologies in the IT space right now and is also becoming a key enabler for successful business digital transformation. By availing cloud computing services, businesses are realizing a reduction in operating expenses and a boost in overall productivity. Most CEOs around the globe are putting cloud computing solutions at the heart of their business digital transformation strategy. The data also support this.
According to IDC, global business spending on improving IT infrastructure to maintain private cloud networks in their own data centers is expected to reach $20.3 billion by 2020. Cloud computing technology is used as a primary tool by many digital transformation services providers for the embarking business modernization.
So, let’s discuss cloud-based digital transformation strategy in detail:
Cloud and its Role in Digital Transformation
In today’s day and age, most businesses are feeling a sense of urgency to initiate digital transformation in their business. Not only to scale up their IT system or infrastructure capabilities but also to meet the growing customer demands for better services and to outpace the rivals.
But, what digital transformation exactly is? Well, digital transformation is not just a radical change in how you manage or utilize IT resources. It is a holistic transformation of your entire business culture, processes, and customer experiences to live up to changing market and customer demands.
And, to attain such capabilities, modern businesses utilize multiple strategies, tools, and technologies. Utilizing the cloud is also a part of that transformation. Not, just a part, but it is now becoming a mainstream solution.
In the modern cloud -customer experiences, business models, and data strategies- all can be put together and reimagined in ways that lead to accelerated revenue growth and innovation opportunities.
Benefits of Cloud-based Digital Transformation for Businesses
A cloud-based digital transformation offers numerous opportunities for businesses. Some of them are as follows:
- Cloud-adoption helps you cut down operating costs, maximize productivity, and identify new business models.
- The possibility of utilizing computational resources to their best increases significantly with the cloud.
- Legacy application modernization is much easier.
- Reimagining customer experiences and employee collaboration.
- Handling huge volumes of data coming from the Internet of Things-based sensors become easy with cloud computing resources.
- Supporting Artificial Intelligence and other modern systems, critical for business digital transformation and innovation.
Incorporating Cloud for Successful Digital Transformation
1. Creating a Business Case
Before incorporating cloud computing solutions or infrastructure in your digital transformation strategy, start with making a genuine business case. Company executives must analyze how cloud infrastructure can support business transformation. Ask questions like how cloud services will reshape the business for the better, how it will empower company growth and innovation, and how the cloud will serve as a catalyst. For better analysis, take the assistance of cloud computing consulting services experts like A3logics.
In general, cloud infrastructure should offer the following benefits:
Stability: In terms of resources access where and when required.
Flexibility: In terms of scaling computing resources up or down as demand arrives.
Security: Critical business systems should be away from technology security loopholes by connecting them to corporate-wide networks via a private cloud.
Agility: Testing new products or services in the pipeline without any disruption in current service levels.
Innovation: Cloud computing services provider offers a host of innovative applications that keeps updating itself to offer you unique data insights for pursuing new initiatives.
2. Assessing the Current Business Environment
Once cloud computing benefits are clear, the next important task for you as a company leader is to examine the current environment. How ready is your organization’s current IT infrastructure? What needs to be done to achieve the desired future state? For each such issue or similar ones, the cloud transformation team should identify current requirements. Issues can be:
Unique Business Needs
Every business is unique, every industry is different. No two companies can have the same existing digital processes. Hence, you need to prepare a list of contingencies for your path of cloud-based digital transformation. Making sure ongoing operations stay unaltered and existing applications remain intact while accommodating new capabilities via the cloud is vital too.
The Curious Case of Legacy Systems
Legacy systems like ERP, CRM, and inventory management software also need to be dealt with care while leveraging the cloud for business modernization. Such systems handle critical business processes; hence, supporting them with new cloud infrastructure and ensuring customer service continuity is also important.
Dealing with Existing Infrastructure
Analyzing existing IT capabilities and infrastructure in your business is vital too before taking the digital transformation path. Team up with digital transformation services experts who are also well-versed with cloud computing technology.
3. Finalizing the Migration Path
After assessing the cloud capabilities and your business contingencies, the next step is to identify the migration path. You have choices to make- whether to choose a public cloud services provider, private or hybrid one. Take the decision as per business needs. In the private cloud model, services like infrastructure as a service (IaaS), and platform as a service (PaaS) are hosted on a cloud platform to allow enterprise software developers to test and run new apps.
You can also avail public cloud services from AWS, Microsoft Azure, and Google Cloud to handle high volume business processes. For example, retail businesses can use public cloud to handle ecommerce orders during holiday or peak seasons. Combining, public, and private cloud elements through a hybrid model is also a popular approach today. As it allows you to avail advantages of both approaches.
4. Fixing Glitches
Some of the challenges you may face post cloud integration include
Regulatory Compliance: When you switch to cloud infrastructure, your financial and private data also moves to the cloud. So, defining privacy rules for customer and business data and adhering to related compliance policies is vital.
Robust Security: While moving to the cloud, make sure your partner handles data in compliance with corporate policies, government rules, and customer agreements. Apply robust data encryption and access rules for ensuring security.
Change Management: Employees need proper training to reach earlier productivity levels while migrating from legacy systems to cloud-based apps or software. Education and train your workforce about the potential benefits of this cloud shift for better results.
Working with Experienced Cloud Services Partner for Success
To attain long-term success in the modern cloud and in your digital transformation strategy, it's important to partner with an experienced cloud computing consulting services provider like A3logics.
Our goal is to continually inspire your organization to build its unique vision for unprecedented future growth. Our cloud computing consultants will guide you with a personalized cloud strategy so you always get more value out of your business data to unlock future growth.
Drop us a line to know how we can support you in your digital transformation journey.