Strong IT infrastructure is a critical element for organizations planning long term growth and expansion initiatives. It forms the backbone that supports all internal and external communications, work collaboration and information dispersal framework for an organization. Organizations must build a robust IT framework that meets their business and operational needs in an efficient manner. A number of factors need to be considered while planning towards this – Quick time to deployment, disaster recovery capabilities, ease of integration, scalability and performance, business agility and resilience are a few metrics that can be used in the evaluation process.
Cloud based IT infrastructure easily meets all of the above criteria, making it a smart choice for forward looking businesses. Cloud can act as a strategic game changer for organizations by eliminating IT constraints like limited resources, consuming maintenance, and incompatible systems. This frees businesses to focus on their core competencies and pursue growth and innovation. In essence, it allows businesses to do more.
It impacts business by transforming functional areas completely:-Strategy – Cloud has the potential to create new business and collaboration avenues for organizations. While, it offers focused distribution channels to reach out to a wider and more dispersed target market, it also renders real-time collaboration platform for organizations to partner with multiple internal and external stakeholders. Organizations must therefore realign their business strategy to capitalize on the new opportunities created. They now have the freedom to experiment with growth initiatives and forge new strategic alliances without worrying about the TCO (Total Cost of Ownership). Strategically organizations must be willing, more than ever to take business risks.
Finance – With cloud based IT infrastructure, organizations need to adopt a completely new outlook to their financial planning and accounting. The concept of total cost of ownership completely changes with cloud in the fray. Organizations must therefore devise new ways of calculating the ROI for any technology related project/initiative.Â
Compliance – Storing and sharing critical business information on third party platforms create unique compliance issues for businesses. A well-defined information security policy with clear guidelines is a must to adhere to various industry regulations and internal compliance standards. SLA governed third party contracts are a key to overcome this challenge.
Operations – Operational frameworks will be most impacted by the cloud wave. Location and time bound limitations will no longer continue to hinder operational performance for an organization. With cloud infrastructure they can expand the scope of operations and offer a new level of service experience to their customers and employees. Enterprises must now focus on working and delivering customer services on 24x7 model with anytime anywhere access to information.
From banking to retail, most industries are realizing the potential of a cloud adoption and are ready to scale it upwards both in capability and coverage. Its unique industry applications make it an ideal platform for any organization/department that deals with huge volumes of documents and content.
Newgen has strategically built a cloud portfolio that allows organizations take complete control of their business. Hosted on Amazon Web Services (AWS), Newgen solutions provide infinitely scalable storage capacity and a secure access to critical data. We work closely with our customers in carefully planning their cloud strategy, addressing all data centric concerns at the right stage. This has helped the information managers and process architects in successfully mitigating all risks associated with cloud platform.
