What is Your 2017 Business Strategy?

December 26, 2016 / G C Network / Comments Off

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VMware lays out roadmap to the clouds.

By G C Network | June 10, 2008

Earlier this year, Diane Greene, VMware President and Co-Founder, described cloud computing as the final evolutionary step for virtualization. Reza Malekzadeh, Senior Director of Products and Marketing reinforced that view…

Mario Dal Canto at Virtualization Conference & Expo 2008 East

By G C Network | June 9, 2008

According to Mario Dal Canto, “Virtual Cloud Computing represents the next wave of virtualization and offers significant market opportunities by providing a new, simpler, and much more pervasive platform for…

Microsoft cloud fits and starts.

By G C Network | June 9, 2008

Microsoft’s dance with cloud comuting is very puzzling. Point 1: The June 5th Wall Street Journal article discusses the friction between Steve Ballmer and Bill Gagtes over NetDocs, described by…

Salesforce.com & Google

By G C Network | June 6, 2008

A short promotional video on Salesforce and the Google cloud. Follow me at https://Twitter.com/Kevin_Jackson

Gamers now have their own cloud.

By G C Network | June 5, 2008

Valve, a Bellevue, Washington based entertainment software and technology company, recently announced that they will use the cloud computing paradigm as their next major update. Called “Steam Cloud” the service…

Is IBM serious about cloud computing?

By G C Network | June 5, 2008

Last week in Eye on the Enterprise, Joe McKendrick, highlighted IBM VP Steve Mills’ apparently less than enthusiastic statement regarding cloud computing. In an April 30th interview with CNET’s Dan…

VMware and Cloud Computing

By G C Network | June 3, 2008

VMware President and Chief Executive Officer Diane Greene,in her keynote address at the JP Morgan Technology Conference in Boston, described cloud computing as the final evolutionary step for virtualization. In…

DISA Cloud Computing Plans

By G C Network | June 3, 2008

During last month’s Defense Information Systems Agency (DISA) Partnership Conference, cloud computing debuted as a “top priority” for senior leadership. Speakers described a future state when users would access computing…

The Cloud Computing Portal

By G C Network | May 30, 2008

The Cloud Computing Portal is a community edited database that makes the cloud vendor selection process easier, by helping you find a cloud provider who supports the environment you need.…

HP in the Cloud

By G C Network | May 29, 2008

In “HP weds cloud…” , Hewlett-Packard has apparently outlined their approach to cloud computing. They are merging their high-performance computing unit with the Web 2.0 and cloud computing infrastructure businesses.…

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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.