Connecting Technology and Business.

Digital Transformation - Using technology to drive efficiency

The challenge. 81% of medium businesses say that technology solutions could help improve business outcomes or run the business better. Meanwhile, technical decision makers agree unequivocally that there are two technology challenges that top the list – implementing new solutions or upgrades & containing technology costs. And both are seemingly at loggerheads. As the technology landscape keeps changing by the minute today, even newly installed solutions lose their relevance very quickly. Unfortunately, many conservative enterprises are still stuck with their decade old legacy systems. This results in compromised security, efficiency and productivity. Businesses reported a 34% increase in financial losses ($2.7M) due to security incidents even in 2014. Today, with the advent of sophisticated threats targeting enterprises, the impact is much higher.

The entry of the Cloud has brought a radical approach to this paradox. 87% of midmarket BDMs say Cloud solutions would help the business grow.

The reality. Enterprises can drive maximum business efficiencies with flexible, intelligent technology. They can capitalize on the IT investments already made for on-premises solutions by tweaking them to sync with the challenging requirements of the business. The cloud can come in as a less costly alternative when new needs arise in the system. Moving critical workloads to the cloud could also mean greater scalability at reduced costs. A hybrid setup can bring flexibility to the system by allowing administrators to weigh and choose the better option for their mushrooming needs.

Enterprises must realize that the greater the investment in digital the simpler it gets to manage and run the business. Less systems to maintain and more freedom to expand (or contract) brings in a desirable flexibility. Aligning IT with the business process with the help of a DevOps team would optimize business processes, enable more efficiency and faster decision making.

Going digital also ensures business continuity and improves security and protection against unexpected interruptions, data loss and modern security threats.

Optimizing operations involves digitizing corporate functions and developing a digital culture all around the enterprise.  A state of the art Enterprise Resource Planning mechanism is essential for minimizing wasted hours and financial resources. All efforts must be focused on maximizing the business benefits derived from IT Projects. Minimizing clutter in IT would lead to fewer systems to maintain and less cost to keep it running – a lean IT. Service operations need to be digitally streamlined to produce the greatest value by reducing response time and increasing agility.