Driving innovation with cloud computing
Cloud computing services are designed as independent business services that don’t have the dependencies outside of the process they execute hence these types of programs can also be easily designed and deployed by developers and integrators. This will require close collaboration effort between business and IT to innovate and automate workflow processes and interfaces to be better deployed in different applications and situations.
Strategic advantages of cloud computing
Listed below are the advantages of cloud computing to help organisation to better innovate:
- A set of cloud development services will facilitate easier and more efficient development work by introducing a collaboration platform that can be used to locate expertise and work with project teams and optimise existing server environment. This will result in faster onboarding of new partners, crafting effective business approaches and to ultimately support new initiatives
- A cloud-based collaboration platform will also better support employees and business partners to facilitate communication and induce more creativity through a shared platform with collaborative tools and systems to allow greater sharing of ideas and knowledge transfer across all verticals of the business.
- Cloud based solutions will also enable cost savings in which company may want access to extra computing capability for new customer demand without investing in new servers. This will allow greater improvement in customer service and also minimise business disruptions and facilitate quicker, more effective disaster and customer service recovery.
- A cloud based platform will also allow enterprises to create new business opportunities in a cost effective manner. There may be social business cloud services that allow you to proactively reach out to new markets. These are valuable partnership opportunities that can allow you to experiment with new online retail models without spending hard earned capital on the line.
Assessing the risks associated with a move to cloud is important to protect the integrity of the business. What I observe is that risks come in all shapes and sizes and the primary risks to address include people, process and technology resources. Every company has its own tolerance level when it comes to risks. This may vary depending on the type of application used.
Hence, there is a greater need for CIO to involve all senior management to better understand how the people on the business and technical side of your company able to embrace change and if they understand their use of technology services and how business processes will change. This will have a great impact when pushing forward a new technology initiative to better understand the limitations and constraints for better resource planning and crisis management in relation to data breach or loss of confidential information.
The possibility of leveraging cloud services is compelling because it enables your company to act, look and react much like a bigger company. But a great strategy doesn’t happen overnight and requires planning just like any other strategy. I foresee that the greatest impact for cloud computing would be upon mid to small size businesses in which these services could help them to be more nimble and adaptive to market changes. This flexibility can allow the mid size business to level the playing field and compete effectively with a larger competitor.
Lastly, I strongly believe that stakeholder buy-in is critical when planning and implementing a successful cloud computing strategy. The senior management needs to own the strategy from the top down and to allow the different divisions or office to execute the plan together with strategic partners and suppliers. To summarise, successful planning and implementation of cloud computing is key to ensure the maximum value is achieved for both internal and external customers by improving customer experience through greater innovation and creativity.