Former business models and IT strategies are becoming inefficient, old methods of communication do not work; customer behavior, consumption patterns of products and services are changing. It is hard to assume that in a new digital economy, companies will be able to work with the same efficiency based on outdated principles. It is crucial for businesses to be aware of digital transformation trends and requirements to sustain, grow and become highly profitable.
Although there are numerous challenges that companies face during building their digital transformation and cloud migration strategies such as security issues, cost management and control, lack of understanding what cloud to choose and inertial resistance, the main issue is lack of internal expertise. The best way to manage that digital transformation path is to choose experienced IT specialists who can confidently drive the innovation and business process improvement.
Companies start digital transformation to enhance business efficiency and optimize business processes. With the development of cloud technologies, it has become easier to control the usage of hardware and software, improve business scalability, provide IT resilience and business continuity. First of all, cloud solutions are changing ways of managing technological and information resources, providing several advantages over classical scenarios for the use of on-premise infrastructure.
The digitalization of business is not only about cutting-edge technologies but also about changing a mindset and culture of a company. Here are a few key aspects of digital transformation:
The concept of IT infrastructure and resources has been changing and companies, frozen in traditional processes, have a risk of becoming non-competitive. Following current trends is impossible without a broad and in-depth analysis of both existing data and external information resources. Creating, maintaining and developing a modern on-premise IT infrastructure within a company is very complex and not scalable – physical resources are expensive, as are skilled employees, who are very hard to recruit nowadays.
That is why the option of using cloud technologies in addition to on-premise IT infrastructure has been increasingly considered. Today, the argument for long-term savings is not that important when considering the cloud technologies, and issues of business continuity and flexibility in the use of resources play a significant role.
Cloud technologies with security, resilience, simple integration and other advanced features are indispensable for small and medium business or enterprises. Numerous existing cloud solutions allow companies to be flexible and quickly adjust business processes depending on their requirements. The pace and scope of cloud transformation and digitalization will only be increasing. So why not to think about that right now and be prepared for the future?
Nick Smirnov, CEO and Co-Founder at Hystax Inc.