Making the Most of the Cloud!

Making the Most of the Cloud!

Cloud initiatives have sprung up across the enterprise as businesses recognize the inevitability of cloud computing in their quest for digital transformation. Gartner estimates that 94% of companies use cloud computing in some form, and by 2021, more than half of global enterprises already using cloud today will adopt an all-in cloud strategy. Gartner’s annual global survey of CIOs survey revealed that cloud computing is among the top priority areas where most CIOs will increase their investments in 2020 and that the global market is expected to reach USD 445.7 billion in 2022.

This is the opportunity of the cloud. 

As enterprises lay the foundation of essential technology infrastructure to ensure their ambitious plans for digital transformation succeed, cloud along with other technologies such as Big Data, Internet of Things (IoT), Artificial Intelligence and Blockchain have made it possible for enterprises to accelerate their digital transformation journey and deliver more rewarding experiences to their clients.

But how do you build a robust cloud ecosystem? How do enterprises navigate their cloud journey while remaining flexible? Here’s what enterprises need to do to assess industry trends and make the required course corrections.

Rejuvenate the core. Cloud is the foundation that allows companies to use emerging technologies like big data analytics, artificial intelligence, machine learning, internet of things, blockchain, and edge computing. To remain competitive and keep pace with evolving customer needs, enterprises need to rejuvenate the core, which reduces cost and technology-related debt and generates value and scale businesses. This approach involves processes like data center consolidation, application landscape rationalization, ERP modernization, and the adoption of full-stack industry vertical solutions.

Invest in the future. This means spending on containers, microservices, and APIs, monetization of data, elevating the customer experience through customization, enabling technology-driven business innovation, and AI/ML-driven self-service and self-healing operations. Enterprises should convert their IT operations into a highly responsive and efficient landscape by codifying the associated complexity with software and process engineering, before leveraging an expert mix of on-premise infrastructure, public, private and hybrid clouds.

Find a partner who can keep pace. Keeping up with the dizzying pace of revolutionary technological changes is challenging for any CIO but transforming an entire enterprise into being cloud-centric is next to impossible for internal IT departments. Multiple challenges will emerge, but investments in cloud transformation initiatives have demonstrated the achievement of long-term benefits. Navigating the digital journey with the cloud by working with the right partner who can provide both strategic consulting and technology solutions will go a long way in rapidly achieving transformation business outcomes.

As enterprises progress along their digital transformation paths, the cloud is an essential enabler to reduce IT costs, enhance customer experience and business agility, and compete in the market. Cloud programs can provide enterprises the thrust that they need to create a next-generation IT foundation that can respond to the business environment changes far more effectively than ever before. It mandates a holistic approach to cloud transformation, a necessity in today’s digital age.