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2013: A Take-Off Year for Enterprise Transformations
Get ready and fasten your seat belts
By: Jiten Patil
Jan. 11, 2013 10:00 AM
As 2013 gets off the ground and we look at the year ahead, there can no longer be any doubts that cloud computing has caused a paradigm shift in computing. Cloud computing has fundamentally changed the Internet world - and is having an impact on every form of business. Not only is it helping organizations to fast-track revenue generation, but it's also creating new business and growth opportunities as well.
Cloud adoption is gaining ground and ready to take a center stage. However, many organizations are still bogged down with worry as to how they can create or maintain differentiating business value for various stakeholders. This has a profound impact on the future of their businesses - from their ability to compete and even their very existence.
There's no short answer and no shortcut either. CIOs waiting on the sidelines need to start looking at how they can exploit cloud computing during the first half of 2013 and plan to maximize the business transformation in-house as well as via partner-led innovations over the coming months if they are to stay in the game.
Businesses that can execute on the above strategy will find themselves in a commanding position compared to others in their respective markets.
Here are four practical ways enterprises can create foundations - to differentiate themselves from previous years and more important from competitors in future market scenarios.
1. Broaden your understanding and knowledge
The assimilation of the business context, expected future behavior, and the broadened knowledge patterns of the surrounding business and technology environment will help anticipate future issues, problems and opportunities earlier.
Experimentation should, of course, be prioritized for trying out disruptive technologies like cloud computing, social, mobile and big data analytics. These should be handled in a well congregated manner around specific business objectives/contexts.
3. Encourage cultural shift
Enterprise transformation plans need to anticipate cultural shifts like newer stakeholder engagement methods, enterprise process modernizations, pervasive and ubiquitous services, and leverage the new computing paradigm to affect the ‘cultural shift' in the right direction.
4. Create new value systems
This convergence may lead to next generation roles and profiles like Chief Transformation Officer (could be termed as ‘CTxO' or ‘CTrO'). The value system a CTxO or CTrO will bring/build is a flexible and forward-thinking mindset that values business growth over IT efficiency; the user experience over performance; and hopefully, customer empathy over margins. Whether virtual or real, this new entity will be the midpoint to take an organization to a completely different level and deliver enterprise transformation in the era of social, mobile and Big Data analytics, all complementing the cardinal role of cloud computing in the process.
Along with many well-intentioned New Year's resolutions, enterprises need to have a transformation plan in place and insource the technology expertise they need to conduct the right experiments that will fast track their company to a successful and highly competitive enterprise that is ready to take 2013 by storm.
2013 is definitely a "take-off year" - so enjoy the journey and the process of technology-driven enterprise transformations!
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