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Creating Your Digital Strategy | @CloudExpo #Cloud #DigitalTransformation
Companies of all sizes are struggling with how to deal with the accelerating consumerization of technology
By: Kevin Jackson
Mar. 29, 2017 05:00 PM
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:
Once you have settle on your desired role, experts offer up four strategic pillars that must be addressed when executing on a corporate digital strategy:
Digital transformation will also require reconfiguring both your corporate front and back office operations for digital execution. Microservices 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.
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.
(Thank you. If you enjoyed this article, get free updates by email or RSS - © Copyright Kevin L. Jackson 2016)
Follow me at http://Twitter.com/Kevin_Jackson
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