Creating Your Digital Strategy

Amazon’s Jeff Bezos on Cloud Computing

By G C Network | June 18, 2008

Amazon’s Jeff Bezos on Cloud Computing How and when Amazon began its cloud computing effort.Why Amazon has become an innovator with Amazon Web Services and how it relates to their…

Dataline, IBM, Google, Northrop Grumman on Cloud Computing

By G C Network | June 17, 2008

My company, Dataline LLC, in cooperation with IBM, Google and Northrop Grumman Mission Systems, is sponsoring an educational series entitled “Cloud Computing in a Netcentric Environment“. The series will be…

EMC Studies Cloud Computing Security

By G C Network | June 17, 2008

Storage firm EMC has joined the Daoli Trusted Infrastructure Project which conducts research into “trust and assurance” in cloud computing environments. The team’s research will focus on cloud computing, trusted…

The Cloud Computing Marketplace

By G C Network | June 17, 2008

For explaination and details see Understanding the Cloud Computing/SaaS/PaaS markets: a Map of the Players in the Industry by Peter Laird, Kent Dickson, and Steve Bobrowski from Oracle. Update: Please…

Key cloud computing concerns by CXO’s

By G C Network | June 16, 2008

Key cloud computing concerns by CXO’s attending the Enterprise 2.0 Conference in Boston were addresed in a June 9th panel of executives from Google, Amazon Web Services (AWS), and Salesforce.com.…

IBM Cloud Computing Center

By G C Network | June 13, 2008

On June 5th, IBM announced it will establish the first Cloud Computing Center for software companies in China, which will be situated at the new Wuxi Tai Hu New Town…

EUCALYPTUS – An Open Source Cloud Computing Platform

By G C Network | June 13, 2008

Elastic Utility Computing Architecture for Linking Your Programs To Useful Systems (EUCALYPTUS) is a new project that seems to be trying to put an “open source” flavor to cloud computing.…

The Honorable John G. Grimes Speaks about Cloud Computing

By G C Network | June 12, 2008

Today I had the pleasure of hearing The Honorable John G. Grimes, Assistant Secretary of Defense for Networks and Information Intergration and Department of Defense CIO, speak on some key…

Amazon leads Google into the cloud (So what else is new)

By G C Network | June 12, 2008

In this May 1, 2008 Globe and Mail Update article, Mathew Ingram provides an excellent comparison of Amazon and Google’s cloud computing initiatives. Bottom line: Amazon leads the pack with…

Web 2.0 Expo – What is Cloud Computing?

By G C Network | June 11, 2008

For some interesting views, take a look at these video interviews on what is cloud computing. These were done during the recent Web 2.0 Expo, April 22-25 in San Francisco,…

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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