In one look
Organizations undergoing technology modernization can leverage the cloud to achieve their business goals. Solving business value requires organizations to optimize cloud infrastructure and take the following key actions:
- Transform data processes
- Take into account people considerations
- Strengthen compliance every step of the transformation journey
- Optimizing costs
- Streamline complexity
Is your organization modernizing its technology by leveraging the cloud to unlock new revenue streams, optimize supply chains, reduce costs, and increase market share? Successful businesses don’t just move traditional data to cloud platforms for better access to data, they move to the cloud thinking differently, using the cloud as a tool to achieve their business goals by implementing implements a solid cloud infrastructure.
Cloud has evolved into a key tool for organizations to develop, grow and compete in today’s market. Leaders need to collaborate and communicate to enable a different and more valuable version of the business and understand how the cloud underpins that vision. The cloud can bring speed, agility, resilience and visibility. But taking too much at once or not following a proven model with a clear foundation for successful cloud consumption can lead to analysis paralysis and business questions as to whether the cloud is. a real catalyst. Organizations may find it useful to perform a multi-stage migration rather than undertaking a complete re-architecture. An incremental approach to cloud adoption gives the business time to refine the approach and effectively demonstrate progress and benefits.
Get rid of what no longer propels you
The transformation of data processes is essential to capitalize on technological modernization. Organizations do not have to rely on old tools, such as using Excel spreadsheets for change management, while there are many very effective cloud tools that allow a more efficient way forward. more efficient and more consistent. Existing processes should be abandoned as they prevent the company from reaching more ambitious goals.
Take your people on the ride
Business transformation requires change management and skills considerations such as training so that employees can confidently work and grow with your business. Companies must ensure that they support their employees in the transformation process. As processes and technology evolve, employees need to be trained so that skills align with new approaches. To maximize return on investment, organizations need to think innovatively by adopting new practices like Agile for workforce management and DevOps for rapid provisioning of business solutions in the cloud.
Compliance is not an afterthought
Compliance and security should be designed by design and integrated into cloud solutions to enable better and safer consumption and to take advantage of the innovative nature of cloud services within your organization. Automation offers different approaches to achieving compliance. Cloud deployment can be self-driven, with entities implementing many new systems while integrating security and compliance along the way. Cloud native paradigms such as DevSecOps can simultaneously incorporate compliance into deployments. In comparison, traditional controls check for vulnerabilities and patch endpoints on time. This can put organizations at risk when deploying patches and leave them blind with no visibility unless they automate compliance checks.
It’s easy to acquire technology that exceeds needs or requirements, and it’s even easier to forget to turn off technology when it’s underused. Insufficient control over the extent of technology results in excessive and unnecessary costs, so it is important to ensure that costs are well managed and justified. Cloud, Finance, and Purchasing teams need to work together to weigh the costs of the cloud against the benefits. FinOps can bring financial accountability to the variable costs of cloud infrastructure, helping organizations keep the pulse of the financial health of their cloud environment.
Complexity can overwhelm clarity
Uncontrolled complexity causes chaos. A thorough understanding of the current cloud environment is essential because it facilitates modernization later down the road, versus the complexity of trying to understand the data environment along the way. Businesses shouldn’t overcomplicate deployment just to use new cloud technologies. Together with the cloud service provider (CSP) and its partners, organizations should aim to use cloud consumption to reduce complexity and set it as a target of transformation.
Have a 360 ° C-suite
An effective cloud that aligns with business strategies comes from senior executives who communicate early and collaborate often. Senior executives who understand how cloud infrastructure achieves their business goals are more likely to achieve those goals. All team members must come to an understanding and alignment towards a common business case. This is when all aspects of the cloud are addressed, including cost, security, complexity, people and processes. For example, getting the CFO onboard early to support the initial investment is critical. Likewise, ensuring that the Chief Data Officer (CDO) and Chief Marketing Officer (CMO) collaborate on how the cloud infrastructure supports the business case is critical to driving revenue results. When communication and collaboration are lacking, conflicting scenarios develop – although revenue may increase, risk may also be higher. A growing concern among customers is moving more production workloads to the cloud. Production workloads with sensitive data demand compliance, now more important than ever.
Engaging the C suite on departmental challenges and opportunities reveals a wealth of information that can be used to improve efficiency or increase value in departments outside of IT. Effective CIOs continually ask, “How can I be a better partner?” While it is essential to communicate early and often for all members of the C-suite, it is important for some executives to be aware of certain issues, including:
- Chief Financial Officer (CFO) – While using the cloud is easier across the organization, a lack of control can lead to a cost spiral. Implementing checks in advance can save money and provide better oversight. The impact of changing the infrastructure from a CapEx model to a consumption driven OpEx model needs to be analyzed and understood.
- Chief Risk Officer (CRO) / Chief Compliance Officer (CCO) – It is important to understand the differences in the way CROs and CCOs control risk due to the move from interim approvals to DevOps automation. A combination of learning and incorporating appropriate controls into automation processes is important.
- Chief Audit Executive (CAE) – With the automation brought by the cloud infrastructure, controls are codified where they previously were in easy-to-understand Word documents. To approach coding, auditors must acquire the appropriate training to understand and read code and provide assurance on the proper design and operation of automation.
- Chief Data Officer (CDO) – Knowing the location and cost of data is critical. Having newer and more effective tools creates a need to understand the associated risks. As the size of data increases, the complexity of the risks increases, making it more important to manage the volume of data and the controls and compliance around that data. • Chief Marketing Officer (CMO) – The cloud can enable a holistic user experience across all endpoints so that services integrate with call centers, mobile apps, home support devices, and other access points. This provides richer data to elevate the business deals that are delivered to consumers. Last but not least, business leaders and employees are the beneficiaries of a strong cloud infrastructure, because the end result is increased speed and delivery from the business to the customer.
Where do businesses go from here?
The phase of an organization in its transformation journey determines the next steps. Entities early in their cloud adoption journey should plan, analyze their current environment, assess their workforce, and determine and increase their skills. Entities more advanced in the transition to the cloud should seek opportunities for continuous optimization and improvement. Finally, companies approaching the completion of the cloud transformation should consolidate the benefits according to those defined in the cloud transformation business plan.