Implement the power of cloud to accelerate digital strategy, the digitization of companies, their distribution networks, and smoother flow of supply chains.
The transition to cloud computing represents a collective-action problem—one that requires a coordinated effort across the team at the top of an organization.
Three interventions emerge:
1. Establishing a sustainable funding model to support the investments required to get business value from the cloud.
2. Developing a new business-technology operating model that exploits cloud for speed, agility, and efficient scalability.
3. Putting in place the HR, compensation, and location policies required to attract and retain the specialized engineering talent required to operate in the cloud.
Cloud for speed, agility and efficient scalability
You can enable exchange of information amid personnel and connecting devices at a faster pace. Process orders, manage teams, and delegate responsibilities in an effective and auditable manner.
Manage the team that manages the teams
Have sufficient control over the activities of your sales and account teams in the field and create optimal process for your team to build an organization that can handle crisis in the present and future.
Connected apps for connected business
Design and deploy on-the-cloud enterprise apps that enable faster exchange of information within teams or with external stakeholders of your organization. Apps may perform a single task such as purchasing or a complex task such as asset monitoring.
Invest for business value
While exploiting cloud requires investment in building capabilities and migration applications, it’s more efficient in the long term, sometimes markedly so for companies that have not fully optimized their technology environment.
The biggest benefits accrue to the business from faster time-to-market, simplified innovation, easier scalability, and reduced risk.
Get competitive advantage
Infrastructure investments in cloud platforms represent a source of competitive advantage rather than a cost to be managed. Once the top team gets that right, a lot else falls into place, including reaching your customer faster, your technology-funding process, which begins shifting toward products or platforms rather than projects.
New digital customer experiences
Cloud platforms can help deploy new digital customer experiences in days rather than months and can support analytics that would be uneconomical or simply impossible with traditional technology platforms.
A big financial-information provider determined that moving applications in its customer-facing business domains to the public cloud could enable much faster and less expensive entry into promising markets. Hosting these applications in the cloud meant that technology operations in a new country could be set up in a couple of weeks at a negligible cost, versus a couple of million dollars of up-front investment for each country.
A new operating model
Once the funding model is straightened out, companies must ground the new partnership between IT and the businesses in an operating model that reflects and supports their growing investment in the cloud. Here, it will help to think about an integrated system rather than a set of individual technologies.