Tag: Digital Transformation

How To Get Innovation From Service Providers and Vendors | Blog

Companies today hold all business functions to a mandate for innovation. Innovation should create business value (a better experience for employees, customers, and partners). It should create agility and speed. It should make business functions more easily adaptable, easier to change. And it should also lower the cost of the functions over time. The benefits are clear and obvious. But the truth is innovation is illusive and hard to get.

Read more in my blog on Forbes

Key To Designing An Effective Digital Platform | Blog

Companies undertaking digital transformation seek to improve customer, employee and partner experiences. They build digital platforms to deliver the desired experience. My observation from working with many companies undergoing this endeavor is they often overlook the key factor necessary building an effective digital platform.

Read more in my blog on Forbes

The Benefits of Platform as a Service (PaaS) in Application Support & Development | Blog

It seems that the past decade or so of noise around Platform-as-a-Service (PaaS) was well worth it. The technology has now reached a level of maturity and scale to be regarded as a reliable solution for both large- and small-scale companies. Leveraging it, enterprises can achieve faster and more secure solutions, while saving themselves the pain of managing, provisioning, or monitoring compute, storage, and network components. Developers can spend most of their time doing what they should be doing – developing, customizing, and testing their applications. Moreover, it helps improve application release time, which can help get early user feedback.

Let’s take a look at the specific benefits PaaS brings to the table in application support and development.

Within the standard application support activities of incident and problem management, enterprises typically achieve a 25-35 percent net effort reduction when supporting an application in a PaaS environment. PaaS vendors now perform activities such as database and middleware management, which reduces the number of tickets for their setup and management. PaaS platforms that come with their own application monitoring tools don’t even raise a ticket when there’s a lag in application response due to proactive monitoring and auto-healing mechanisms. Other activities, such as daily checks and log management, are also managed by the PaaS vendor. Thus, enterprises can save considerable effort by distancing themselves from routine tasks and focusing on more productive work.

Similarly, for application development activities, PaaS can help achieve 25-40 percent efficiencies. Activities such as drafting an operational model become easier with PaaS, as features such as deployment views, infrastructure views, and monitoring views are already built in the platform. Most PaaS solutions come with pre-defined plans and SLA guarantees, so non-functional requirements testing for infrastructure availability isn’t required. Further, PaaS can facilitate automation in executing test scripts, taking backups, applying schemas, etc.

What to consider when selecting a PaaS solution

At the same time, choosing a PaaS solution to achieve the desired benefits can be a tall order. First, enterprises need to evaluate if the platform supports the technologies, programming languages, and middleware stacks its development teams use.

Here are the other key things you need to consider when zeroing in on a PaaS solution:

  1. Data security considerations: Data residing policies for storing data in vendor-controlled or third-party cloud servers need to be compatible with your enterprise’s policies, e.g., GDPR compliance
  2. Integration capabilities of the PaaS solution: Not all the components of legacy IT systems are built for the cloud; thus, you must do thorough due diligence of your existing environment
  3. Application type: PaaS is more suitable for custom applications that are not System of Record (SOR) solutions. SOR solutions, such as ERP, are primarily data repository systems that do not require scalability or dynamism to be built in
  4. Vendor lock-in: You should consider application portability to alternative PaaS options to ensure smooth functioning in the event of migration. Typically, open source PaaS platforms offer low risk of vendor lock-in
  5. Security and compliance: You should also consider the regulatory impact and choose a PaaS provider whose systems are Payment Card Industry Data Security Standard (PCI DSS) and HIPAA/HITECH compliant. And you need to make sure that stored/transferred data will follow an adequate data protection framework.

Considering PaaS’ potential business advantages, it’s difficult to overlook its value proposition. PaaS can make companies more agile and responsive to demand, scale up quickly, and avoid costly investments in infrastructure.

It also expedites application delivery by enabling developers to create and deliver software in a simple and automated fashion. However, it’s important to keep in mind that not all PaaS solutions are alike, and there’s no single PaaS for all customer needs. To realize the desired benefits from any PaaS solution, you must carefully dovetail your enterprise’s unique requirements with the offerings of the PaaS vendor.

Data Analytics and Data Management Market | Blog

Companies’ investments in digital platforms are becoming pervasive, thus moving businesses into a new era. They first moved from a functional orientation to a process orientation and are now fundamentally shifting to a platform orientation. Digital platforms are already changing companies, whether they recognize it or not. The implications of platform thinking are very deep. Data are the lifeblood of a digital platform. But the implications of what companies must do to be able to apply their data in a timely way is significant.

Read more in my blog on Forbes

Huge Digital Talent Deficit Constrains IT Modernization and Digital Transformation | Blog

The IT modernization movement is moving beyond the initial euphoria around the potential of digital technologies. Companies taking steps to modernize their IT are recognizing that it’s a very substantial endeavor and will take years to accomplish. In committing to the long haul of the modernization journey, several situations are becoming apparent, causing companies to take a more mature, measured approach in how they evolve their technology.

Read my blog on Forbes

85% of Enterprises Report That Modern IT Infrastructure Is the Bedrock of Digital Transformation—Everest Group | Press Release

Most enterprises believe their IT infrastructure isn’t future-ready. Everest Group says enterprises need ‘invisible’ Infrastructure 3.0, underpinned by AI, analytics and automation, to drive digital transformation.

According to Everest Group, nearly 85% of enterprises believe that IT infrastructure is the bedrock of business transformation initiatives; however, most enterprises believe that their current IT infrastructure services model is not ready to cater to their digital needs.

Everest Group asserts that digital enterprises need to consider a new model for IT infrastructure – Infrastructure 3.0, where the focus of IT infrastructure management is on improving business metrics instead of pre-defined IT SLAs and TCO management. Infrastructure services need to be underpinned by artificial intelligence (AI), analytics, and automation to drive self-healing, self-configuring systems that can dynamically and autonomously adapt to changing business needs, thus creating an “invisible” infrastructure model that is highly secure and requires minimal oversight.

“With the concept of ‘invisible infrastructure,’ we’re suggesting that IT infrastructure must evolve to become a proactive enabler of business innovation with minimal human intervention,” said Chirajeet Sengupta, partner, Information Technology Services, at Everest Group. “To achieve Infrastructure 3.0, enterprises must focus their IT investments on the three I’s—invincible, interoperable and intelligent. In other words, enterprise must build a resilient and secure infrastructure that protects the business, is seamlessly interoperable across stacks, and uses intelligent tools to continuously evolve with business needs.”

Detailed recommendations for achieving Infrastructure 3.0 are offered in Everest Group’s recently published report, “Exploring the Enterprise Journey Towards ‘Invisible IT Infrastructure’: Cloud and Infrastructure Annual Report 2019.” This annual research also deep dives into the cloud and infrastructure services (IS) landscape. It provides data-driven facts and perspectives on the overall market. The research covers cloud and IS adoption trends, demand drivers, and buyer expectations. The research analyses buyer challenges, trends shaping the market, and provides an outlook for 2019-2020 for the broader IT as well as cloud and IS market.

Highlights of the Cloud and IS market analysis:

  • Enterprises’ need for business transformation has increased the number of consulting-led IS engagements: 68% of IS engagements in 2018 had consulting services in their scope.
  • Change management initiatives will be crucial for service providers going forward, as adoption rates are a crucial metric for buyers.
  • The cloud and infrastructure market in the telecommunication industry in North America is booming primarily due to focus on 5G implementation. Adoption within the retail industry is driven by buyers focusing on enhancing customer experience with digital initiatives.
  • Going forward, enterprises expect infrastructure services to enhance business metrics in addition to reducing costs through outsourcing.
  • Vendor-agnostic behavior will continue as buyers expect agile and continuous innovation and higher value from outsourcing contracts.
  • Cloud adoption is rising, with hybrid cloud becoming the preferred model for enterprises. Service providers are best placed for solutions that will enable hybrid cloud as well as multi-cloud adoption amongst enterprises.
  • Service providers need to provide interoperable infrastructure capabilities to enable enterprises in their digital journeys.

***Download a complimentary 12-page abstract of the report here***

About Everest Group
Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing. We are trusted advisors to senior executives of leading enterprises, providers, and investors. Our firm helps clients improve operational and financial performance through a hands-on process that supports them in making well-informed decisions that deliver high-impact results and achieve sustained value. Our insight and guidance empowers clients to improve organizational efficiency, effectiveness, agility and responsiveness. What sets Everest Group apart is the integration of deep sourcing knowledge, problem-solving skills and original research. Details and in-depth content are available at http://www.everestgrp.com.

Change Management Programs Often Ineffective In Digital Transformation | Blog

Businesses have conducted change management programs for 20-30 years. Even so, change management programs are systematically ineffective in delivering results. Unfortunately, the ineffectiveness is much worse today.

That’s because companies are engaged in digital transformation, where the degree of change is much greater than in the past. What causes the ineffectiveness, and what is the remedy?

Read my blog on Forbes

What’s Your Company’s Digital Ethics Score? | Blog

I marvelled at the passion demonstrated by the London Extinction Rebellion activists while I attempted to make my way to the Digital Agenda Power & Responsibility Summit at the British Library on 9 October.

During the Summit itself – while listening to presentations delivered by eminent speakers including Matt Warman MP, Minister for Digital and Broadband at DCMS; Sana Khareghani, Head of UK Government Office for AI; Russell Haworth, CEO, Nominet; Cheryl Stevens MBE, Deputy Director for Trust & Identity at DWP; Jacqueline de Rojas CBE, President, techUK; and Caroline Criado Perez OBE, award-winning author of Invisible Woman and activist – it struck me that consumer disillusionment with unethical applications of technology could lead to its own type of activism in the form of product and service boycotts.

Read my blog on Digital Agenda

Digital Experience Platforms: An Idea Whose Time Has Come | Blog

In today’s increasingly competitive environment, enterprises need to package their offerings with superior and memorable experiences to remain relevant. They need to streamline their efforts to deliver a unified and seamless digital experience to stakeholders. While they’ve attempted to achieve this with point solutions such as CRM platforms, campaign management tools, and other experience management solutions, their disjointed and incompatible portfolios have often created more problems than solutions.

Enter the Digital Experience Platform (DXP)

In response to an obvious need, vendors including Adobe, IBM, Oracle, and Salesforce have created a digital experience platform or DXP. We define a DXP as a comprehensive suite of solutions enabling enterprises to deliver a content-rich, stakeholder-driven digital experience (DX), encompassing all digital touchpoints.

Its main function is to digitally enable the three pillars or modules of DX – content management, brand engagement, and digital e-commerce – so enterprises can create business value through a well-structured and unified experience.

The Digital Experience Platform (DXP)

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  • Content management: A DXP offers various services across the content management lifecycle, such as dynamic templates for designers, a library of frequently used content, and widgets and tools for reviewing and publishing content to multiple platforms, which help enterprises effectively and centrally manage the content they publish.
  • Brand engagement: A DXP unlocks numerous aspects of brand engagement across functions including marketing, advertising, sales, and experience management. With capabilities like end-to-end campaign automation and drag-and-drop tools to design customer journey maps, a DXP enables experience-as-a-service for enterprises.
  • Digital e-commerce: A DXP activates different facets of digital e-commerce with solutions like AI-enabled merchandising, visual merchandising, automated management and maintenance of product data, and central dashboards to manage all websites.

In addition, a DXP has tools to help deliver a data-driven experience across the customer experience value chain by enabling functions such as sales, marketing, merchandising, and content publishing via different modules.

Beyond the basics

Most of the DXPs in today’s market provide the same basic services. But the leading DXP providers also provide ancillary, value-add services on top. Some of the most popular are omnichannel services, API-integration, and tools for improved developer experience.

Per our recently released research report, BigTech Battle: Digital Experience Platforms (DXP) Assessment – Rise of the Digital Experience Platform, the leading players are adding more functionality to the DXP to enhance its features and functionality. For instance, they are helping make the development process less technical with the help of services such as What You See Is What You Get (WYSIWIG) interfaces, drag and drop functionality, and templates to create new experiences. This significantly reduces the creative team’s dependency on the technical team and improves the overall efficiency of the experience delivered. The top providers also have tools for end-to-end omnichannel customer journey mapping and enable the use of “win scores” to prioritize sales opportunities and probability metrics to measure the experience delivered.

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These players are also using technology to enhance the functionality of the different solutions they offer, such as AI for content creation, event-based automation (cart abandonment), and advanced analytics solutions.

Simply put, a DXP is a more efficient way for an enterprise to manage its DX. In today’s increasingly competitive market, enterprises need to leverage a platform-based approach to deliver a compelling and sticky experience.

For more insight on the DXP market and a detailed analysis of current vendors, please read our report: BigTech Battle: Digital Experience Platforms (DXP) Assessment – Rise of the Digital Experience Platform.

Please share your experiences with the digital experience platform and the overall experience ecosystem with us at [email protected] and [email protected].

Innovation And Agility: How To Resolve Why Companies Are Not Getting What They Need | Blog

It’s getting harder and harder to do business with third parties because of complications arising from security, data privacy, GDPR, and other regulations. The complications are running headlong into the need to be agile and operate at high velocity. To do that, companies need to be able to move quickly and make things simple. But these regulatory requirements are making that complicated; they take time, thus creating real friction in trying to conduct transactions. This is particularly the case with trying to do business with third-party services. The consequences create a formidable barrier in trying to select the best providers/vendors.

Read my blog in Forbes

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