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Industry experts chat about cloud computing and digital business

AlisonGolan

bigstock-Teamwork-people-Communication--25539350 (1).jpgI prefer listening to a panel of experts instead of just one speaker. As long as the panel has experts with different backgrounds and perspectives, I can usually obtain valuable insights that I sometimes miss in my day-to-day circle of influence.

This type of interaction is why I thoroughly enjoyed the CrowdChat on cloud computing and digital transformation, hosted by Wikibon, a community of practitioners and consultants that share free, advisory knowledge on technology and business systems.

Not only did the CrowdChat present 88 experts in a mere one-hour time frame – with their rapid-fire comments flying across my screen – Wikibon also managed to keep it organized and on track. A moderator skillfully led the online discussion, focusing industry luminaries and encouraging ever-deeper insights.

Another bonus was Wikibon’s analysis, which summarized the 350 collaborative observations that generated nearly 3.4 million customer impressions. Based on that report, I’ve highlighted some of my favorite takeaways.

What is digital business?

Wikibon first explored the definition of digital business – to establish a baseline for discussions. They settled on the following: “A digital business applies data to differentially create and keep customers.”

According to their analysis, businesses will need to become a digital business to be successful. So what capabilities must a business have to succeed as a digital business? The experts on the CrowdChat agreed that businesses must be able to do the following:

  • Turn analog data into digital data

We live in an analog world, yet we use computers to analyze things digitally. Therefore, to effectively glean insights from data, it must be digital. Enter the internet of things (IoT) and people!

  • Turn digital streams into analytic models and insights

Digital data is just the beginning; once data is digitized, it must be analyzed. Here’s where big data analytics and machine learning come in.

  • Turn insights and models into real action

Once a business gets the information and analysis, it’s time to act on that knowledge—something Wikibon calls systems of enactment.

  • Continuously record business events

Businesses must be able to take their newly analyzed data and integrate it into their legacy systems to benefit every aspect of the business.

What role will cloud computing play in the digital business?

According to Wikibon, cloud computing will play a huge role in the digital business:

“First, cloud computing extends your business’ digital reach to anywhere, anytime. Second, the subscription payment models for cloud services better match your IT utilization and costs. Third, cloud technologies facilitate adding or removing digital business capacity, in relatively granular increments, based on business volumes at any given instant. Fourth, the vector of technology innovation is pointing in the direction of cloud.”

Yet, each business will implement cloud computing differently. Every business is unique, which will require a range of infrastructure options. Why? The experts say…

  • You can’t do everything in the public cloud. Concerns focus on latency issues and the practicality of moving all of your legacy data to the public cloud.
  • You don’t want to do everything in the public cloud. Issues mentioned include cost and privacy/security of intellectual property.
  • Both points above can be easily solved because cloud innovation is giving businesses public cloud-like options in a private cloud —something Wikibon calls true private cloud.

Who most strongly influences an organization’s thinking on cloud adoption?

According to the cloud experts on the CrowdChat, the answer to this question was pretty split between Senior Executives (28%), Lines of Business Executives (26%), IT Infrastructure Personnel (21%), and Developers (20%). Many believe that this decision will start at the top because it will impact the bottom line of a business. Yet, most business executives aren’t prepared to effectively make these decisions.

Wikibon concludes, “Going forward, the businesses that win and the executives that succeed will master the role of data in business. One crucial lesson: Technology will not be a one-size-and-place-fits-all proposition. Technology choices alone won’t guarantee digital business success, but the wrong technology decision can ensure digital business failure.”

HPE is helping businesses simplify hybrid IT in support of digital transformation. They do this by providing customers with the right mix of hybrid IT resources, leveraging software-defined infrastructure and flexible consumption and delivery models. Customers that embrace HPE’s vision can rapidly innovate and accelerate value delivery, streamline operations, and satisfy the needs of all digital transformation stakeholders (IT operations, developers, and LOB executives)--without compromising on speed, cost, or IT governance and control.

In fact, HPE will be unveiling the next phase of their composable strategy with a technology preview of project New Stack at HPE Discover 2017. Stayed tuned for more insights about how you can succeed in your digital transformation!  For more information about HPE Discover 2017 Las Vegas, visit hpe.com/events/discover. To register for the event, click here.

 Alison

Follow HPE Composable Infrastructure

 

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AlisonGolan

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