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Creating Your Digital Strategy

SourceConnecte! Marketplace With A Mission

By pwsadmin | March 6, 2020

Earlier this year, GC GlobalNet launched a new breed of B2B e-commerce sites. Curated by Kevin L. Jackson, SourceConnecte (with an “e”) went live with three strategic goals in mind: Efficiently leverage modern social media technologies to facilitate value-based interactions between enterprise buyers and vetted suppliers; Establish a protected interactive environment capable of supporting high-value B2B e-commerce negotiations…

Potential vs. Reality: Is Edge Computing Real?

By pwsadmin | January 19, 2020

Edge computing provides compute, storage, and networking resources close to devices generating traffic. Its benefits are based on an ability to provide new services capable of meeting stringent operational requirements by minimizing both data latency and the need for bandwidth. Based on Google trend data, searches for the term has also grown substantially over the…

Enabling Digital Transformation

By pwsadmin | December 22, 2019

Digital transformation integrates technology into all areas of an organization’s business or mission. Its fundamental purpose is to create and deliver innovative and industry-changing products and services to a global customer base. This outcome requires the seamless two-way flow of data and information between internal business processes and external processes that interact with customers, business…

The ThinkShield Story Part 1: The Challenge

By G C Network | October 24, 2019

The cybersecurity challenge seems to be growing daily. Threats are becoming more sophisticated, and attacks are becoming more destructive while the corporate world’s response seems to resemble a deer in headlights. Recent examples of this dangerous state of affairs include[1]: A data breach of a US Customs and Border Protection surveillance contractor that led to…

CIO dream team: Who’s in and why?

By G C Network | October 12, 2019

Today’s CIO navigates the twin challenges of enabling new business models and managing rapid technological change. Cloud computing strategies are now table stakes. CIOs must make complex decisions about using public and private clouds, on-premises enterprise systems, Internet of Things, edge computing, and many other user experience outlets. Cloud-enabled digital transformation can’t happen without the…

Digital Transformation and the Mainframe

By G C Network | September 1, 2019

Digital transformation infuses digital technology into all areas of an organization’s business or mission. Its fundamental purpose is to create and deliver innovative and industry-changing digital products and services to a global customer base. By doing this, an enterprise gains an ability to quickly act and react to changing data, operational conditions and competitive strategies…

Composable Architecture Q&A. Are you ready?

By G C Network | August 26, 2019

Q: Is it time for my company to jump on the composable architecture bandwagon? A: Composable architectures are quickly becoming essential to the modern enterprise. Citing a recent Forrester study: the adoption of composable infrastructure as an element of a hybrid IT strategy results in faster, more flexible, and more efficient ecosystems that enable companies…

GC Global Net

Increase Productivity by Reducing Technology Distraction: Lessons from Forrester Research

By G C Network | August 8, 2019

Workplace productivity is hurt every day by the very technology developed and purchased to improve it. Forrester announced this surprising conclusion in their latest “How To Wake Up From The Nightmare Of Workplace Technology Distraction” study. The Forrester Analytics Global Business Technographics® Workforce Benchmark Recontact Survey included 6,508 respondents in Australia, Canada, China, France, Germany, the…

Unveiling the end-to-end capabilities for the networked society

By G C Network | June 10, 2019

An Interview with Henrik Basilier  By Kevin L. Jackson The telecom industry is rapidly moving towards a future in which networks must have the capabilities of delivering services with the agility, flexibility and scalability only made possible by full programmability. More than software defined networks (SDN), these capabilities will deliver software defined service domains that…

AT&T Finance Solutions GM on Shrimping, Software, and CX

By G C Network | June 10, 2019

Helping clients address the trends and challenges presented by the Financial Services industry is the main focus for René Dufrene in his role as General Manager of Finance Solutions at AT&T Business. His global responsibility includes Retail Banking, Insurance, Payment, and Wealth Management solutions. His background, the impact of digital transformation, the role of 5G,…

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For many corporations, welcoming the New Year also heralds the season of strategy development and budget distribution. This year, however, companies of all sizes are struggling with how to deal with the accelerating consumerization of technology and the mind numbing societal changes it brings. While each industry vertical has its own processes and business models to deal with, they all share a pressing need to develop an appropriate digital strategy. For 2017 this seems to be at the top of every executive to do list.

Business strategy experts around the world have categorically stated that data is now a strategic asset that can be sold and exchanged. In order to identify important data and manage it in a digitally driven future, companies will need to evaluate their organization’s structure, go-to-market approach, and overall corporate identity. Accomplishing this task effectively requires these companies to first establish their role within the new data economy.  To do this, IBM experts have created the Data Economy Framework which is used to characterize companies, their roles, capabilities, and overall trends in how they act in the data-driven digital economy. Specifically, will your company become a:

  • Data Producer – generate data from IoT and traditional big data sources (i.e. business applications, social media, websites, open sources, financial transactions, surveys, censuses, and digitized hard copies);
  • Data Aggregator/Custodian – provide data normalization services that enables data collection from heterogeneous devices and efficient data distribution; 
  • Platform Owner – provide application programming interfaces (APIs) for connectivity and ecosystem device discovery; 
  • Insight Provider – design and development of the semantic models, analytics libraries and machine learning techniques necessary for taking efficient and effective action based on data; or 
  • Data Presenter – make complex and large datasets easy for business users to consume. They also allow consumers to have intuitive access to the underlying data and its derivatives.

Once you have settle on yourdesired role, experts offer up four strategic pillars that must be addressed when executing on a corporate digital strategy:

  • Executing processes on a resilient digital platform that’s secure, available on demand and easy to set up and use; 
  • Offering anytime, anywhere digital insights, driven by analytics; 
  • Creating a digital workforce platform of connected workers, using advanced monitoring, search and analytics tools; and 
  • Proactively managing a digital innovation ecosystem comprising multiple partners to incorporate the latest technologies.

Digital transformation will also require reconfiguring both your corporate front and back office operations for digital executionMicroservices and serverless computing are at the heart of this process. Serverless computing, also known as Function as a Service (FaaS), is a cloud computing code execution model in which the cloud provider fully manages starting and stopping virtual machines as necessary to serve requests Requests are billed by an abstract measure of the resources required to satisfy the request, rather than per virtual machine hour. One of the leading serverless computing options is IBM’s OpenWhisk. It uses business rules to bind events, triggers, and actions to each other. OpenWhisk actions run automatically only when needed. Its servlerless architecture is quickly instantiated with the scalability needed to meet the evolving demands of the modern user.
Microservices is a service-oriented architectures (SOA) specialization used to build flexible, independently deployable software systems. “Services” in a microservice architecture (MSA) are processes that communicate with each other over a network in order to fulfill a business goal. These services also use technology-agnostic protocols. This option represents a modern approach to software architecture for systems where continuous integration and DevOps are practiced. In its core, the microservice architecture advocates partitioning large monolithic applications into smaller independent services that communicate with each other by using HTTP and messages. The architecture pattern is a child of the continuous integration revolution and is designed for deployments that use a DevOps-based continuous delivery model.

 

In summary, developing a new digital strategy for you company requires you to:

  1. Select the right digital economy role for your company’s business future; 
  2. Design implementation steps that align with the four strategic pillars of digital strategy execution; and 
  3. Reconfiguring corporate front and back office operations in ways that take advantage of microservices and serverless computing.
Make 2017 the year your company creates its digitally driven future.


This post was brought to you by IBM Global Technology Services. For more content like this, visit ITBizAdvisor.com.

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