Business Cloud Data

How cloud is changing the business and IT landscape

Enterprises around the globe are facing disruption from a number of different directions. To combat this disruption, they increasingly turn to cloud computing.

Cloud computing is the single biggest opportunity for organizations to dramatically change how their business operates through changes in their Information Technology (IT) landscape. Organizations are evaluating ways to leverage cloud-based solutions in differentiated ways. As these organizations evaluate how best to leverage cloud, there are a number of factors to consider when moving into a cloud-based world.

SHIFTING HOW WE THINK ABOUT ORGANIZATIONS

The move for enterprises leveraging cloud-based technology causes more than just a shift in technology. It also causes a shift in how we think about strategy, organization and culture. In the past, enterprises were required to build their strategy, organization and support around the entire technology platform. There were few to no other reasonable options.

In the cloud-based era, those aspects change. Today, there are mature, viable solutions that allow the enterprise to leverage alternatives. By shifting functions that are important but not strategic nor differentiated, it allows organizations to shift their focus as well.

By making this shift, organizations are able to up-level conversations and focus on business outcomes rather than technology features. These changes open the door to other shifts as well.

CHANGING THE WAY WE WORK

Two of those shifts directly impact the advantage to a business and their customers. The first shift is leverage. Cloud computing provides leverage in ways not previously feasible. IT organizations now have access to a bevy of solutions and virtually unlimited resources. Prior to cloud computing, organizations were limited in their ability to quickly scale resources and leverage new technology. For many, cost constraints were a significant limitation to potential growth.

Beyond technology, cloud provides the organization with the ability to leverage the expertise of others. As mentioned, previous methods required IT organizations to be an expert across a myriad of strategic and non-strategic areas. With cloud, organizations can focus on those aspects strategic and differentiated for their business and customers. This shifts the organization and culture to focus more directly on solutions that provide business advantage.

The second shift is speed. Unlike past options that may take weeks or months for the availability of applications and resources, cloud shortens the time to a matter of minutes. As businesses are looking for ways to respond quickly to ever-changing customer requirements, this rapid flexibility provides the organization with the ability to respond in a timely fashion.

OPENING UP NEW OPPORTUNITES

Aside from speed, cloud opens up a whole new world of opportunity for organizations. Historically, there was a minimum cost of entry for many of the more advanced systems. Unfortunately, these costs were far outside the realm of possibility for Small and Medium Businesses (SMB). With cloud, SMB organizations now have access to the same solutions as the largest of enterprises. Essentially, this levels the playing field by lowering the barriers to entry of these advanced systems.

As organizations shift toward a greater focus on customers through quicker and more accurate business decisions, so does their reliance on data. At the same time, organizations are facing an explosion of data. Traditional reporting and analytics are collapsing under the weight of this new influx of data.

To combat the data deluge, organizations are increasing their reliance on Artificial Intelligence (AI) and Machine Learning (ML) to automate the insights gleaned from the data. While AI & ML require large quantities of data, traditional solutions are simply unable to provide the resources that AI & ML algorithms require. Again, cloud computing opens the door to organizations, large and small, to leverage these advanced functions.

BRINGING IT TOGETHER

The combination of cloud-based resources with advanced functions provide organizations with new opportunities to glean greater insights much quicker than previously possible. Cloud’s leverage provides organizations the ability to shift the IT landscape to focus on business outcomes and strategic initiatives rather than deep technical expertise.

In summary, cloud computing presents not only an alternative option for technology consumption, but a required pillar for tomorrow’s business.

 

Tim Crawford is ranked as one of the Top 100 Most Influential Chief Information Technology Officers (#4), Top 100 Most Social CIOs (#7), Top 20 People Most Retweeted by IT Leaders (#5) and Top 100 Cloud Experts and Influencers. Tim is a strategic CIO & advisor that works with large global enterprise organizations across a number of industries including financial services, healthcare, major airlines and high-tech. Tim’s work differentiates and catapults organizations in transformative ways through the use of technology as a strategic lever. Tim takes a provocative, but pragmatic approach to the intersection of business and technology. Tim is an internationally renowned CIO thought leader including Digital Transformation, Cloud Computing, Data Analytics and Internet of Things (IoT). Tim has served as CIO and other senior IT roles with global organizations such as Konica Minolta/ All Covered, Stanford University, Knight-Ridder, Philips Electronics and National Semiconductor. Tim is also the host of the CIO In The Know (CIOitk) podcast. CIOitk is a weekly podcast that interviews CIOs on the top issues facing CIOs today. Tim holds an MBA in International Business with Honors from Golden Gate University Ageno School of Business and a Bachelor of Science degree in Computer Information Systems from Golden Gate University.

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