Creating Your Digital Strategy

Mr. Jeffrey Kaplan Talks About The Cloud Channel

By G C Network | October 6, 2011

This afternoon I had a very interesting discussion with Mr. Jeffrey Kaplan, Managing Director of THINKstrategies and founder of the Cloud Computing Showplace. His firm is focused entirely on the…

The Economic Benefit of Cloud Computing

By G C Network | October 2, 2011

(The following is the Executive Summary of a recent NJVC Executive Whitepaper. The full version is available at NJVC.com ) Cloud computing, as defined by the National Institute of Standards…

Implementation of Cloud Computing Solutions in Federal Agencies: Part 4 – Cloud Computing for Defense and Intelligence

By G C Network | September 15, 2011

(This is part 4 of the series entitled “Implementation of Cloud Computing Solutions in Federal Agencies”. First published on Forbes.com, this series provides the content of a whitepaper I recently…

Implementation of Cloud Computing Solutions in Federal Agencies : Part 3 – Cloud Transition Lessons Learned

By G C Network | September 13, 2011

(This is part 3 of the series entitled “Implementation of Cloud Computing Solutions in Federal Agencies”. First published on Forbes.com, this series provides the content of a whitepaper I recently…

Implementation of Cloud Computing Solutions in Federal Agencies : Part 2 – Challenges of Cloud Computing

By G C Network | September 9, 2011

(This is part 2 of the series entitled “Implementation of Cloud Computing Solutions in Federal Agencies” that first appeared on Forbes.com. This series provides the content of a whitepaper I…

Implementation of Cloud Computing Solutions in Federal Agencies : Part 1-Introduction

By G C Network | September 8, 2011

(This post first appeared on “Cloud Musings on Forbes”. This series provides the content of a whitepaper I recently authored. A copy of the complete whitepaper is available at NJVC.com…

FedPlatform.org Focuses on a Government PaaS

By G C Network | August 26, 2011

   With GSA now issuing ATOs and Amazon launching it’s own government specific cloud, IaaS for government agencies is now a reality.  This next step in this “Cloud First” march…

On The Frontlines: GovCloud and Cybersecurity

By G C Network | July 28, 2011

My friends at Trezza Media recently published a couple of great online documents on GovCloud and Cyber. Your should especially check out the “Cloud Chopping Made Easy” by David McClure…

GovCloud Is Now For Real !!

By G C Network | July 3, 2011

On Friday July 1, Infrastructure-as-a-Services for the US federal government became a reality with Authority to Operate (ATO) approval for the following vendors: Web Hosting CGI Federal Computer Literacy World…

The Economic Impact of GovCloud

By G C Network | June 26, 2011

What a month! June has really been busy!! Just now getting around to doing a post about CloudExpo 2011 in New York.With over 5000 delegates in attendance, it was just…

Photo credit: Shutterstock

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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