Six capabilities modern ISVs need in order to future-proof their SaaS offering
Successful SaaS providers have built their business around 6 core capabilities
IDC predicts that by 2020, a lack of IT skills will affect 90% of all European organizations — resulting in $91 billion of lost revenue annually.* In particular, the IT skills associated with cloud implementations, migrations, and net new deployments are in very short supply.
Therefore, to accelerate the delivery of these cloud projects, organizations will increasingly have to upskill existing employees or leverage external service providers that have the know-how to deliver these capabilities at scale. In this blog post we will explore these numbers a bit further and argue, why exactly upskilling is such a crucial – and possibly cost-saving – step on any company’s cloud journey.
Trained organizations are 80% faster to adopt cloud and 3.8 times more likely to meet cloud ROI requirements.
The value of cloud is realized with the changes in technology and changes in how the organization works. On the technology side this means DevOps, new architectural patterns and cloud native technologies in addition to hyperscale cloud. On the process side this means adopting agile ways of working and embracing lean tools like constant improvement and optimization. These have an impact on the entire organization, not just IT. You could say that to get the cloud benefits, you need to transform the technology, people and processes.
Lack of IT skills and enough knowledgeable experts is something we at Nordcloud have seen in practice throughout our customer base. Hiring more experts is very hard since there is a huge shortage of talent on the market and the cost of recruitment is very high.
To solve this issue, we provide upskilling for our customers. We feel that in the long run our customers themselves also need to have the right knowledge. Knowing how cloud works also make the cooperation between customer and consultant work more seamlessly. Not to mention that trained organizations are also 80% faster to adopt cloud and 3.8 times more likely to meet cloud ROI requirements. **
The value of cloud is realized with the changes in how the organization works.
Besides learning to know the technology you are working with there are some other forces driving the cloud upskilling. Some of the main reasons for training is being able to deliver new innovations for the business to be able to grab bigger portions of the competitive market and having the ability to find new revenue streams with the help of the right competence and hyperscale cloud. Companies are starting to understand that new approaches demand new digital skills and that they need to upskill existing employees to increase their productivity and start building new digital products faster.
We at Nordcloud have also seen a drastic increase in our cloud training business. During the last year we saw a 66% increase in participation numbers. As an example, last year we arranged 101 AWS courses with an excellent (4,50/5 average in) participant satisfaction.
To cater for all needs Nordcloud has a wide selection on different trainings varying from very basic Awareness trainings to official AWS, Azure and GCP courses to comprehensive 6-week Talent Acceleration Programs which all are used for our own needs as well.
*IDC Infobrief sponsored by Nordcloud (2019): Hyperscale Cloud Platforms as an Accelerator for Digital: the Role of Transformational Partners
**IDC White Paper sponsored by AWS (2017): Train to Accelerate Your Cloud Strategy.
Let’s discuss how we can help with your cloud journey. Our experts are standing by to talk about your migration, modernisation, development and skills challenges.