Businesses are finding it increasingly difficult to keep pace with the changes in the tech sector and their impact on their industry. Digital transformation may be on its way to becoming a buzzword to the point of parody, but in the 21st century, remains one of the key challenges organisations must face and deal well with. Simply put, digital transformation is the use and promotion of tech advancements to solve complex and challenging problems of the modern world over more traditional approaches. It encompasses everything from using social media to promote your brand more than, let’s say, print media, to moving your business processes and data online, to the cloud, instead of depending on localised storage.
Digital transformation is still very much underway, apparent with the McKinsey Global Institute’s Industry Digitization Index showing that even global leaders in the digital marketplace like Europe (currently operating at 12% of its digital potential), and the USA (operating at 18%) are still lagging behind on the curve, showing us the true extent to which tech has rapidly surpassed our attempts to adopt it into our industries.
Migrating your business process to a more cloud centric setup is almost imperative in today’s world, where almost 56% of the entire population has access to the internet, a 1,114% increase from the 2000s. Your technological footprint, or the lack of it, could be the deciding factor between a booming organization and a failed idea. With 72% of organizations planning to implement digital transformation strategies within the next two years, as found by the Cloud Industry Forum, and a further 80% saying the cloud will play a major role in their implementation, organizations, entrepreneurs, and industries must adopt digitization as the new requirement for a successful business, and by association cloud technology as well, in order to ensure their survival in an increasingly competitive environment.
How can the Cloud help?
The ubiquitous ‘Cloud’ – referring to the always online, wireless collection of data servers, computers, and storage devices that can offer 24×7 availability and support the technological operations of an organisation – will play a critical role in the upcoming wave of digital transformation. The flexibility of a cloud-first approach to business operations, and the reliability, stability, and security offered by cloud solutions are unmatched by more traditional local servers and computational resources. More and more organizations are jumping on board the train, with around 95% of respondents in the State of the Cloud 2019 survey by RightScale using cloud in some way.
The cloud is key to the digital transformation wave. Without it, offering end-to-end support and service delivery to end users is a business challenge, and efficiently adapting business operations anytime, anywhere, to rapidly evolving market changes another one.
While the cloud refers to an online resource, usually with computational and storage capabilities, that is available as and when needed, even remotely. This can even be a localised cloud for an organisation, via a small data center or group of servers. However, most business prefer to offload their cloud computing needs to well established third-party cloud Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) providers, such as AWS from Amazon, or IndiQus. These providers offer something Cloud Automation services (which we’ve discussed in a separate post) – involving taking the technicalities of setting up, and maintaining a cloud solution away from the business, so that the organization can focus on its core business goals, operations, and production instead.
Using an established service provider that provides cloud automation has a myriad of fairly obvious business advantages, such as
- Immensely low cloud migration costs from a traditional to a cloud-first business model, no initial setup costs for network upgrades or infrastructure changes.
- Established cloud service providers have dedicated tech support teams, infrastructure support, and troubleshooting teams to help businesses focus on their output rather than setting up their own infrastructure and cloud center.
- Flexible platforms and a wide range of inbuilt applications such as payment gateways or resource management systems and other microservices offered by providers streamline business processes and increase efficiency
- Greatly reduces workload on in-house IT department, allowing them access to a full-fledged, seamless cloud computing solution so that they are free to focus on development and innovation rather than the technicalities of running a cloud center.
- Provides endless opportunities for growth and innovation, allowing businesses to make use of computationally heavy technologies such as Machine Learning or AI, without having to worry about bottlenecks in infrastructure or network capabilities
- Allows organizations to offer 24×7 availability and end-to-end delivery of services and data to end users in a reliable manner
- Using the highly secure solutions provided by established industry-leaders in providing cloud as a service secures the need for data privacy and confidentiality for an organization.
As technology keeps growing at an exponential rate, it is imperative that organizations adopt digital transformation strategies in order to survive amongst their competitors, and there is no better way to begin implementing these strategies than harnessing the unlimited power of the cloud.