What is Your 2017 Business Strategy?

December 26, 2016 / G C Network / Comments Off

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Robert Duffner Interviews Chris Kemp, NASA, and Kevin Jackson, NJVC, on GovCloud

By G C Network | November 7, 2010

Recently, I had the pleasure of being interviewed by Mr. Robert Duffner, director of Product Management for Windows Azure, as part of his “Thought Leaders in the Cloud” series. In this interview,…

NJVC, Invertix Announce Cloud Computing Demonstration at GEOINT 2010

By G C Network | November 2, 2010

VIENNA, Va. — (BUSINESS WIRE) — NJVC®, one of the largest providers of information technology (IT) solutions to the U.S. Department of Defense, and Invertix Corporation, a proven technology company…

On The Frontlines: Cloud Computing in Government

By G C Network | October 27, 2010

Today, Trezza Media Group released the latest installment of it’s “On The Frontlines” series of government technology reports. The “On The Frontlines” Publications are dedicated to showcasing the positive progress…

GSA Awards Eleven US Federal IaaS Contracts

By G C Network | October 20, 2010

According to Federal News Radio, GSA awarded eleven vendor spots in the first Federal cloud infrastructure-as-a-service award. The winners were: * Apptis Inc. partnered with Amazon Web Services* AT&T* Autonomic…

NIST To Hold 2nd Cloud Computing Forum & Workshop

By G C Network | October 15, 2010

On November 4-5, 2010, the National Institute of Standards and Technology (NIST) will hold their second Cloud Computing Forum & Workshop. During this event, NIST will report on the status of federal…

“On The Frontlines” Interview

By G C Network | October 5, 2010

Look out for “On The Frontlines: The Government Cloud” scheduled for release in November 2010! Trezza Media Group provides high-quality thought leadership media and marketing services to help companies connect…

Yongsan Army Garrison Does Cloud Computing!!

By G C Network | September 24, 2010

First Signal is ready for the cloud ! Even with the time constraints of the Chusok holiday and the onslaught of a 100-year flood, the class soldiered on with five…

Army Cloud Computing in Korea!

By G C Network | September 19, 2010

After a long uneventful flight, I’ve arrived at Yongsan Army Garrison in Soeul Korea. After enjoying the economy accomodation on a Boeing 777 for over 14 hours, my room and…

The Taiwan GovCloud

By G C Network | September 11, 2010

Last week, Henry Kenyon of Federal Computer Week reported that the Taiwanese government is planning to spend $744M to develop cloud computing technology. Premier Den-yih Wu sees this as a…

Geospatial Cloud Computing In Support Of National Policy

By G C Network | August 29, 2010

A few weeks ago I once again had the pleasure of participating in a private discussion on cloud computing with Mr. Vivek Kundra. What struck me in this most recent meeting was his views…

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Photo credit: Shutterstock

End of year predictions in December are as predictable as tomorrow’s sunrise, but a recent video on 2017 Technology Trends helped me really understand how important a digital transformation strategy is to just about any business executive. The CSC Town Hall conversation actually identified some of the specific tasks that today’s corporate executive really need to address in the coming year. To enhance your opportunity for 2017 business success, your action item list should include:

Reconfiguring both corporate front and back office operations for digital execution which is expected to reshape organizational structures, employee compensation models and every business’ partner community;
Preparing for intelligent machines advisory services to the enterprise that will drastically increase productivity and business competition;
Leveraging the industrial internet, aka the Internet of Things, that will use sensor cross connectivity to improve human safety and machine productivity
Dealing with radically new and culturally driven business innovations that originate from the East Asian “Sinosphere”
Using simplified cloud computing platforms that will drive 80% of all corporate information technology into public cloud platforms by 2020; and
Capturing the value proposition of the truly interactive virtual experience and digital interface for enhanced user experience and worker productivity

To survive these imminent changes, corporations must identify new transformational business opportunities within the context of their specific industry vertical and competitive landscape. This requires much improved collaboration between business and technology leaders around developing an explicit linkage between the cloud computing economic model and the relevant business economic model. This linkage will inevitably include the effective use of virtual IT operational models that include dynamic infrastructure provisioning, infrastructure auto-scaling, application microservices and serverless computing. Preparing for these changes may also require a rethinking of your core business because customer experience design may actually drive your business success. Since quality experiences are based on customer empathy, business analytics, and cognitive technology, a successful business strategy may need to blend all of those capabilities. This also means having an ability to engage with both your customers and employees in meaningful ways, no matter where they happen to be.

Your corporate information technology team itself will also need to deal with an extremely rapid shift from technology operations to robust and automated IT service management. The coming transition to a public cloud dominated IT industry landscape also will also demand corporate strategies around:

Matching cloud deployment and service model options to organizational risk tolerance;
Enhancing organizational expertise on cloud computing through an increased training investment strategy; and
Preventing digital operations failures due to an inability to monitor and enforce the necessarily strict IT governance models.

One final thought. Organizational risk tolerance levels may also need some significant recalibration because it only takes one successful “fail-fast” entrepreneur to reshape an entire industry. Chief financial officers and chief risk officers need to take a holistic approach that integrates business risk management and performance management, including compliance where required, as part of the overall business strategy and execution. In addressing this need, external risk management services may be the key to evolving your company from basic compliance and ad-hoc responses, to optimized business risk management, in which the value of risk management far outweighs the costs.

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