Maximize business value with a clear hybrid cloud
- Today, cloud is an enabler of robust business models and the technology core of innovation ecosystems
- An effective cloud strategy shows a clear path to business value through enterprise resilience and accelerated innovation.
- Hybrid cloud ensures that enterprises are compliant with the ever-evolving regulatory and privacy directives, while enabling them to continue their digital transformation in a secure environment.
The hybrid way to cloud value
Like most world-changing technologies, enterprises did not take to cloud immediately, and those that did adopt cloud did so mostly in a piecemeal manner. COVID-19 Business Impact Survey showed that only 29% of organizations have core enterprise systems on cloud. This implies that many enterprises fell for ineffective, on-off strategies, leading to disjointed adoption with each business function collaborating with different cloud vendors. This also spurred siloed initiatives leading to higher, redundant costs with little ROI.
Four steps to a robust hybrid cloud strategy
A future-forward hybrid cloud strategy is crucial to gain a competitive edge, empower your business to continually evolve, and keep up with changing needs. So, what can you do to make your hybrid cloud strategy strong, sound, and adaptable? We recommend four steps:
- Make it scalable and agile: To benefit from advanced and emerging capabilities such as AI, analytics, machine learning, blockchain, and IoT, you need a customized strategy that can easily flex. Also, a scalable solution often translates to more efficient processes and thousands of saved hours.
- Define your industry-specific business needs: No two industries, or their needs, are the same. Your cloud solution should seamlessly integrate with your needs. For example, a retailer’s cloud strategy might focus on supply chain and replenishment, while airlines may prioritize online customer experience and real-time pricing. Once you have identified your needs, teaming up with a partner with the contextual expertise can help you meet your needs and get to value faster.
- Have a clear roadmap: Like any successful journey, you must have a destination in mind. Clearly define your hybrid cloud goals and list out what success looks like for your company. And remember, your cloud journey should be as unique as you are and your growth journey. Back up your roadmap with a perfectly aligned strategy and IT plan in accordance with emerging technologies, data privacy, and evolving security.
- Focus on economic sustainability: Enterprises must aim for cost predictability and economic sustainability. You need to meticulously plan to ensure no ad hoc or unpredictable expenses arise during transition or post-adoption, leading to cost overruns and jeopardizing the commercial efficiencies of your cloud journey. Leverage cloud FinOps services for hybrid multi-cloud cost optimization—they can help check ungoverned consumption of cloud services that can lead to spiralling costs.
From strategy to execution
Analyze your business’ digital strategy. Does it extend to the entire business ecosystem? Are there issues you might not fully understand how to mitigate digitally? Again, this is where an expert partner can help.
Collaborate and communicate. Adoption rates increase when all stakeholders feel included. So, make sure you don’t leave people out and that critical communications reach everyone.
Measure cloud strategy effectiveness. Look at short and long-term goals, and measure your progress against them to continuously define the best path forward. Some of the critical measurement parameters you should keep track of are agility, modernization, sustainability, and resilience.
YOUR CLOUD, YOUR JOURNEY
Clearly understanding your company’s business strategy, including its position in emerging and industry ecosystems, is imperative to determine the right cloud architecture and partner who will help you move to the future with confidence.
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