Why The Financial Services Industry Needs To Rethink Its It By Embracing The Cloud

To be relevant in the future, financial institutions should partner with hyper-scale cloud providers and enablers like Nordcloud.

2018 has witnessed PR failures from some of the major global financial institutions in the UK after the breaching of certain regulatory compliance due to outdated technical architecture and processes which fail to manage risk within these businesses.

This is not only a huge reputation risk but also highlights the weak areas and slow pace of innovation at these big conglomerates.

At the same time, these financial institutions are taking a hit on their customer satisfaction and loyalty due to operational glitches/service non-availability. In an industry where the competition and cost of customer acquisition is fairly steep, this is an anti-pattern which should be avoided.

Regulators and banking associations have significantly improved their messaging. Instead of giving hints and tips, they are coming out in the open and offering solid guidelines & directives for the Financial Services Industry to think about the changing technology landscape, business dynamics (as new customer products & offerings emerge), and increased regulatory overhead which is mandatory to gauge the health of the FSI vertical.

How To Improve Operation Resilience For Financial Market Infrastructure

Recently, Prudential Regulatory Authority (PRA) and Bank Of England (BoE) published an article and also kicked off a joint discussion paper (DP) to improve operation resilience for financial market infrastructure in the light of recent incidents. Yet another great example of how regulators are trying to push the boundaries and asking these firms to think ahead and embrace new technology to solve business problem.

They laid down a few key concepts:

  • Business continuity planning (BCP) to manage operational resilience

BCP is key to operational resilience, a lot needs to be done (from procuring to testing to maintaining) to have a truly good BC plan. Buying upfront capacity and taking a hit on CapEx is an option but clearly losing out on the opportunity costs (what else can you do if not this?) and also not viable long-term strategy. Public cloud offers amazing business agility and with automation that can manage back-ups, auto-provisioning and disaster recovery across the globe they can significantly improve operational resilience at much lower costs and let you focus on what you’re best at.

  • Board approved tolerances and level of disruption

This again highlights the holes in the existing IT governance and how an exacerbated IT demands good governance. Cloud not only offers the right tools to give management level visibility and KPI tracking, it also enables smarter governance by automation & effective risk management through infrastructure as code and compliance as code. It’s important to re-organise, up-skill, and operate with a new governance model to set tolerances and manage them better.

  • Planning for failures

This is a great point. Financial institutions often plan for service operations and not really for failures. This requires significant scaling capabilities along with full infrastructure for IT teams to perform a series of non-functional tests before they can ship their products to the market. Cloud is perfectly suited to offer the on-demand scalability along with tools that boost staff productivity and improve code quality through DevOps process improvement.

Public Cloud Providers Can Solve Operational, Technology and Security Issues

We think it’s a great start and a perfect way to start discussions within the FSI and to help them re-focus on operational challenges. More importantly, it will help with what they want to do today, tomorrow and next year to make them profitable.

It’s clear that financial institutions are great at creating financial products and public cloud providers are great at solving operational, technology, security issues as they have the skills and the resources to do so. It’s important that financial institutions start off-loading these non-core functions and look for partnerships or create joint ventures with hyper-scale cloud providers and enablers like Nordcloud to be relevant in the future.

Cloud Computing Is On The Rise In The Financial Services – Are You Ready?

Download our free white paper Compliance in the cloud: How to embrace the cloud with confidence, where we outline some of the many benefits that the cloud can offer, such as:

  • Lowered costs
  • Scalability and agility
  • Better customer insights
  • Tighter security

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Cloud Buying Guide: Infra Optimisation

Buying cloud is, on the surface, very similar than fine tuning IT purchasing to outsourcing deals, but also very different.

We have been fine tuning our IT purchasing over the past decade to outsourcing deals. Buying cloud is, on the surface, very similar, but also very different when you take a deep dive into it.

In outsourcing deals, your aim is to lower the cost per VM and include as many services and responsibilities as possible in that price. In cloud, prices and services are fixed and there is little room for negotiation. But cost per VM is just the starting point for understanding if you save or lose money in cloud. Optimising the TCO in cloud is very different from optimising an on-prem or outsourcing deal.

Here Are A Few Things To Think About

Commitment –You cannot compare 5 years of on-prem TCO with cloud on-demand prices. In cloud, the cost difference between on-demand prices and 1-year commitment (Reserved Instances as an example) can be over 50%. This will significantly reduce your costs, but do not expect to have 100% of your consumption under RIs. Three year RIs are also not usually optimal because the on-demand prices will lower every year, so optimal RI usage needs careful analysing and planning.

Right instance type – On the other end of the spectrum from RIs, you have spot and billed by second instances. Spot instances are a very cost-efficient way to execute workloads like most batch and big data queries. The downside is that you can lose spot instances with a minutes warning. You, therefore, need a mechanism to stop and continue work. With a bit of overallocation, you can run enterprise workloads without risk and with even lower cost than with RIs.

License cost saving -There are two ways to reduce your software license costs in cloud. You can convert most of your commercial licenses to free versions in the cloud but that requires heavier migration and the business case would need to be calculated.

Cloud architecture can also enable other types of license reduction. Consider your typical mission critical Active-Active + DR setup. You have 3 licenses and usually, the most expensive license type which allows clustering. In cloud, you can run a second site both as a mirror site and a DR site, reducing your license cost by 30-50%.

Operation savings – cloud is, by default, software-defined infrastructure. This means all changes can be done quickly and enables them to be highly automated. Changes that take hours or days in traditional infra take seconds in the cloud. All this mean dramatically reduced operations cost (and increased speed).

Price reductions – all cloud vendors lower their prices on a constant basis. While there is no guarantee if that will continue to happen in the future and how much the prices are lowered, history will give a good indication. You need to calculate a 3-5 year average cost and compare that to the fixed cost on-prem solution.

Most organisations are used to looking at a per VM, per month cost. This is only the starting point for your cloud TCO, but understanding cloud TCO is an important skill for anybody making infra decisions. Nordcloud can help you understand more about TCO and instances with an in-depth meeting from one of our cloud experts, contact us here.

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How Hybrid Do You Need To Be?

Cloud is moving forward so fast that most hybrid cloud platforms and tools will probably be outdated before you get them up and running. Choose carefully what you need as core features, and plug into the knowledge of a company like Nordcloud.

Everybody appreciates the agility and elasticity of the public cloud, however, there are also large amounts of legacy apps that simply don’t move easily to the public cloud. This means that up until now, the Hybrid Cloud choir has been singing their ‘happily ever after’ song.

Unfortunately, this hybrid cloud choir has largely become led by the vendors who have the most to lose and use this as a way to stall things. So let’s break down what you actually need and what could be seen as a colossal waste of time and money.

The Good

These activities will benefit you in the long-term

  • Common security and governance framework. Regardless of the clouds you use, you should enforce the same security and governance principles.
  • Every cloud is a silo so if you want to have an end to end understanding of your IT, you need a tool that monitors across all clouds. That also goes for all core ITBM tools.
  • A light portal will help end users by collecting the different clouds under one interface and access control. But keep it light as most cloud usage is through automated API calls, not through a manual portal.
  • Any activity that gets your apps to run on software-defined infra, including containers, network virtualization etc.

The Bad

  • Any investment around workload movement between clouds (beyond virtualising and using containers) can waste you both money and time. Legacy app workload movement between clouds is not really achievable in the first place and you need to consider what is the real benefit (and your appetite to invest) of the ability to move between clouds. You’re much better off having a multi-cloud procurement approach where the threat of other clouds keeps the prices in check. You can then implement any technical cloud brokerage, workload movement solution etc.
  • Private cloud – yes it would be wonderful to have the same experience with ‘on-prem’ that you have in public clouds, but the cost of achieving this is just not worth it, especially considering that you have 15% less apps needing it every year. AWS and Azure implement hundreds of new services every year. How would you keep up with that in your own private cloud?
  • Inertia is probably the worst consequence of a hybrid strategy. Any investment in hybrid technologies is money off your budget which could be used to innovate, by modernising and building new apps. In short, money that is actually used to improve business. Secondly, any investment needs usage and you urgently need to prove that this is a good investment leading to suboptimal workload placement. Thirdly, you have a large, complex platform that is not keeping up with the demand for new services, needs constant upgrades and doesn’t scale when needed.

The Bottom Line Of Hybrid Cloud

At the end of the day, this is all about focus. Hybrid cloud strategy means that you invest into 3 areas – implementing and improving your private cloud, your cloud brokerage platform, and increasing your usage of public clouds. How much more could you achieve with the money if you just focus on one of them?

Cloud is moving forward so fast that most hybrid cloud platforms and tools will probably be outdated before you get them up and running. Choose carefully what you need as core features, and plug into the knowledge of a company like Nordcloud who can help you to choose the right tools whilst also keeping them updated.

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Top 5 Cloud Strategy Tips For the Year 2020

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In this chapter of ‘The Role of Transformational Partners in Organization Change’, we introduce Nordcloud’s vision for Cloud Strategy and adoption. You will learn insights on how Nordcloud approaches cloud strategy work and what are the top 5 key focus areas for the year 2020.

Nordcloud’s Approach to Cloud Strategy

Nordcloud’s approach is usually focused on the following four areas:

  1. Current state analysis. In cooperation with our client, we aim to understand our client’s business model, IT operating model, data landscape, application landscape and current IT infrastructure. This analysis will form a baseline for the cloud strategy work.
  2. Target state. What are current objectives and existing plans for the above areas?
  3. Gap analysis. This part of the work is usually the most important, as we identify and prioritize short-term and long-term gaps. At Nordcloud, we are also doers, and instead of just identifying gaps, we also find quick wins and get the job done in accelerated speed.
  4. Strategy. After the above is done, we form a roadmap for the cloud adoption, create a business case, and align the documentation with overall IT strategy. The roadmap usually consists of an operating model, migration plan, cloud native development operations, continuity and risk analysis, sourcing, risks and a transformation plan.

Overall, cloud strategy work is pretty time-consuming and if you wish to get the wheels rolling fast, we recommend that you look for immediate and short-term improvement areas. Quick wins will support cloud strategy work and help create a positive impact for the project and overall transformation.

Top 5 tips for the year 2020

  1. Define your target state for the year 2020. To define your target state you will need to decide which services and applications will be moved to the cloud, what are the business expectations for services and activities,  and what metrics you will use to measure the success of your current state.
  2. In the year 2020, invest more in strategy, governance and operational excellence and less in putting out fires. It’s almost a trend that enterprise business units are making fast moves and responding to market demands with agile external partners, leaving IT departments scratching their heads and acting in a reactive manner. Whether centralized IT is the right partner for agile cloud adaptation is a debatable matter, but at least enterprise should have a proper cloud strategy, governance and operational model, in order to make sure that cloud adaptation is getting CXO level sponsorship and alignment with business goals.
  3. Continuously assess the current state of your company’s IT organization. Most cloud transformation projects fail due to a lack of skills or inability understand developer requirements and business needs. Upskilling is highly recommended and a necessary part of the transformation process. Secondly, Task Force initiatives have proven to be a very effective way to share information between different parties.
  4. Continuously align and prioritize your cloud initiatives. Cloud strategy work is continuous and requires the ability to prioritize actions based on changing needs in line with larger cloud strategy and governance.
  5. Get started! For any successful cloud adoption it’s essential to gain quick wins, even small ones. Just make sure that you have established internal communication channels where you can highlight and showcase your progress. Remember, a great cloud strategy means very little if you are not able to execute it successfully!

We Nordcloudians wish you all the best for the year 2020 – let’s meet on the cloudy side!

***

To pursue the keys to supercharging your digital success, download our IDC Infobrief Hyperscale Cloud Platforms As An Accelerator For Digital!

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This is the third instalment in our series “The Role of Transformational Partners in Organization Change”. Read the previous post:

Right Partners Are The Key To Digital Transformation Success

Cloud Center of Excellence Supports Continuous Transformation

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CXOs: Don’t miss these Cloud Lessons from the C-suite

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Hindsight. Retrospect. Lessons learned. Call it what you want, but we all walk away from business and IT projects wiser, sometimes humbled, and undoubtably better prepared for next time. If you’ve been a part of moving any of your companies’ workloads to the cloud—no matter the size or complexity—I’m sure you are nodding along.

Things you thought you would go swimmingly sometimes present the biggest challenges. Concerns that kept you working late into the night turned out to be non-events. At Nordcloud, we have sat shoulder to shoulder with our customers working through situations like these. Along the way, we too have learned.

In our new eBook—5 Real-World Lessons from the C-suite to Apply to Your Digital Transformation— you will discover our top five most common lessons we emphasize when talking with CXOs and business leaders. What you won’t see are technical bits and bytes, architecture best practices, or ROI analyses. Not that these aren’t important, but they are well understood and documented elsewhere. Instead, use it to learn about fresh thinking and new stones to turn over.

Everyone needs to have a vested role in a successful cloud transformation.

For instance, there’s a good chance that loyal MSP that’s been an integral part of your IT operations for the last five years could be the partner to take your business through a cloud transformation.

Why, you ask? Read the ebook to find out.

So, give a thanks to all the other CXOs and leadership teams that have gone before you. They’ve stubbed their toe along the way, miscalculated expectations, and even ruffled some feathers. Now you can learn from them and come to your next cloud initiative better equipped. But this eBook isn’t just for cloud leaders and the technical teams—put this in the hands of all parties involved. Procurement, HR, operations, legal, and more. Everyone needs to have a vested role in a successful cloud transformation.

GET A HEAD START – DOWNLOAD THE EBOOK

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Cloud Center Of Excellence Supports Continuous Transformation

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Digital transformation is a must win strategic battle for most of Nordcloud’s customer companies and cloud is the most important enabler of accelerated transformation. Successful transformations require changes in organization culture, operational models, capabilities and adapting workflows to support continuous development.   

Public Cloud Adoption Pillars
All three pillars must be in place to successfully adopt public cloud at scale.

Why You Need Multi-cloud Governance

IDC believes that by 2023, 500 million new apps will be created. The number equals to number of apps built within past 40 years. 

Organizations that are looking to roll out new digital products, services and experiences quickly must accelerate digital transformation and provide API-led integration across apps. There is rapidly increasing need to integrate across hybrid, multi-cloud environments. Secondly, changing application deployment architectures challenging traditional integration architectures and IT-organizations and under pressure to support business innovation.

Biggest possible downfall of cloud adoption is ending up running IT-operations same way as in legacy infrastructure model.

Every public cloud platform requires work to prepare the platform for use. Biggest possible downfall of cloud adoption is ending up running IT-operations same way as in legacy infrastructure model. In multi-cloud set-up teams operate in agile way and governance is more distributed from infrastructure team to for example software developers. Therefore it is essential that governance model sets guidelines on how cloud environments are created, what kind of developer tooling is available, what are the best practices for architecture, automation, security and cost management.

 

Target Operating Model 

Building on our long experience in cloud transformation and implementation projects Nordcloud have defined an operating model that allows Nordcloud’s customers to achieve the set targets fast and with certainty. Key Elements of the target operating model are: 

  • Cloud Center of Excellence: Focused on cloud governance and service development, the Cloud Center of Excellence core will support the continuous transformation, Cloud Center of Excellence development and cloud native platform development 
  • Cloud Managed Support: Acceleration of customers cloud native managed service capability development 
  • Training Services: Cloud native competence education with focus on competence analysis, upskilling and onboarding to digital projects 
  • Migration & Modernization: Identification of application modernization patterns and migration & modernization planning 
  • Cost Governance: Support for identification of cost optimization opportunities, project TCO calculation and new cloud proposal estimation 
  • Data Services: Focused on Data platform & services architecture design, pilot data project identification, planning of the data platform and Data as a Service models

Governance during Cloud Journey

Transformation is hardly ever straightforward and requires careful planning. Initially it is important to 

  1. align cloud strategy with business strategy
  2. define cloud service model
  3. plan model deployment. 

Big part of the work is identifying concrete capability gaps in the current set-up and creating joint capability gaps and creating an capability development plan which includes upskilling, adding and replacing resources. 

Nordcloud Cloud Journey
Cloud Journey from drivers to outcomes.

When strategy and governance models are designed and validated, it’s easier to move forward with building cloud landing zone and start onboarding users to cloud. Clear guidelines provide base for operating in organizations cloud environment and furthermore help to move forward with new business innovations and transform the way of working. 

In the following parts of ‘The Role of Transformational Partners in Organization Change’, we will introduce how to align cloud strategy with business strategy, how to build solid cloud service governance and support models and how to promote cloud awareness.  

To pursue the keys to supercharging your digital success, download our IDC Infobrief Hyperscale Cloud Platforms As An Accelerator For Digital!

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***

This is the second instalment in our series “The Role of Transformational Partners in Organization Change”. Read the previous post:

Right Partners Are The Key To Digital Transformation Success

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Right Partners are the Key to Digital Transformation Success

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According to a recent IDC Infobrief, 65% of European CEO’s are under considerable pressure to deliver a successful digital transformation strategy. This comes as no surprise – we are seeing similar kind of challenges throughout our customer base. The pressure is very real and organizations are likely to fail unless they get three things right: digital skills, organizational structures and governance.   

Successful Organizations Learn and Adapt with Transformational Partners

In many organizations, the main driver for public cloud is digital transformation of business. This can mean pressure from new digital competitors or the need to find new business models or reinvent existing ones. These businesses needs place new demands on the agility and delivery capabilities of both infrastructure and IT organization itself. 

All the successful transformation of IT and business towards a cloud native operating model have been made by starting with a new dedicated team.

The marriage of agile business development and traditional IT organization have proven to be a very problematic matter and therefore CEO’s and his team need to complete rethink the approach they are taking. Nordcloud has not yet seen documented cases where adapting the old legacy operating model and organization to a cloud native one has been successful.

So far, all the successful transformation of IT and business towards a cloud native operating model have been made by starting with a new dedicated team or organization concentrating on cloud native work and scaling up the actions in this area, without taking legacy operating models into use.

This means that a decision must be made that a bi-modal way of working is allowed.

As digital becomes embedded in the business, there is a need to redefine organizational culture and traditional structures.

The ideal team structure combines technological architecture, DevOps processes for agile development and multi cloud governance frameworks.

Successful digital transformation requires managing complex set of new requirements, which cannot be solved by relying on old ways of working nor cooperating with same set of partners as in the past. Successful organizations learn and adapt with transformational partners and drive for success with faster time to market and highly adaptive way of responding to market challenges.

 

Cloud Center of Excellence Boosts Agile Way of Working

Based on Nordcloud’s experience, setting up cloud center of excellence for cloud governance has been the key for solving most of the challenges organizations are facing when operating in agile way. Cloud center of excellence helps in making DevOps the most important factor of the enterprise transformation journey. This model also highlights developers as the most important customers of cloud center of excellence.  

The defined vision for cloud center of excellence is to enable business’ objectives and innovation across the organization. Cloud center of excellence will drive agility in developing new services and enable business to utilize the broad cloud service offering from cloud providers. It will provide value added services for business and drive the optimization of processes and tasks through automation.

In the second part of this series about the role of transformational partners in organizational change, I will introduce Nordcloud’s vision for Cloud Center of Excellence and multi-cloud governance.

To pursue the keys to supercharging your digital success, download our IDC Infobrief Hyperscale Cloud Platforms As An Accelerator For Digital!

Yes, I want to learn more

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Cloud computing news #9: Bimodal IT strategy

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This week we focus on bimodal as IT strategy.

Gartner defines bimodal as the practice of managing two separate, coherent modes of IT delivery, Mode 1 focused on stability and Mode 2 on agility. Mode 1 is sequential, emphasising predictability and accuracy when problems are well understood. Whereas Mode 2, is more agile, exploratory, aimed at solving new problems, drive business and deliver results.

With digital transformation, IT delivery is not just about software and applications but also about business needs, customisations, scalability and efficiency. Bimodal IT helps in the adoption of new technology while keeping the space for traditional development open. According to Gartner survey 2016, 40% of CIO´s are on the bimodal journey, with the majority of the remainder planning to follow in the next three years.

 

Insurance companies can embrace digitalization through Bimodal IT

Insurance companies are in great need for agility and speedier time to market because of evolving customer demands, rise of FinTechs and regulatory requirements. According to Insurance Hub, the fundamental question is: How to reduce the complexity of a legacy IT landscape whilst promoting the development of new and innovative products and processes?

In this context, Bimodal IT is the most promising approach. Some benefits of Bimodal approach are:

  1. Speed and flexibility – and ensuring efficient and safe operations of existing systems: new IT requirements can be quickly and flexibly implemented without replacing existing legacy systems. An integration layer synchronizes the ‘new’ and the ‘old’ world and makes functionalities from existing systems available for the new applications by means of defined interfaces.
  2. Cultural transformation: existing systems can be operated as usual but the development of the new innovative products need new agile approaches.
  3. Innovation at the interface to customers and partners: Through agile methods iterative character, products can be developed within short cycles, validated and adjusted based on customer feedback. As the insurance sector is often characterized by outdated system landscapes, Bimodal IT can be a crucial enabler in meeting the industries’ challenges.

Read more in Insurance Hub

 

Building For A Digital Future With Bimodal IT

According to Digitalist Magazine, IT’s highest priority has been for decades to enhance control over the business systems of record – but this is not enough any more. Organizations must grow incrementally and exponentially – sometimes taking quantum leaps to get ahead of the market.

For that reason, business leaders must shift from a traditional IT strategy to a bimodal IT approach that differentiates the business. Mode 1 systems helps guide and steer the business but mode 2 to catalyzes innovation by leveraging new sources of data, leading-edge technologies such as AI and machine learning, and massive compute power and storage functionality at scale.

With a bimodal IT strategy, CIOs can capture data from IoT sensors, drones, devices, and new sources to come. Using powerful in-memory compute technology and a modern, data-based infrastructure, we can rapidly process that data and share it with mode 1 systems to create a more complete view of the business, its opportunities, and potential disruptors.

There is no need to replace the technology that is working, however. Most companies will be able to retain their existing mode 1 systems. Teams can stand up new mode 2 systems and develop integrations between mode 1 and 2, allowing them to connect these systems to new sources of data.

Read more in Digitalist Magazine

 

BIMODAL IT AT NORDCLOUD

We are ranked globally #2 by Gartner capability assessment in Mode 2 use cases such as supporting agile applications and cloud native transformation. We can help you move away from legacy applications and update your workflow with modern, cloud-based applications that are tailored to solve your most challenging problems. Benefit from scalability, and easier and more flexible management.

How can we help you take your business to the next level? 

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Cloud Computing News #8: Cloud is the new normal for public sector

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This week we focus on public cloud in the public sector.

5 reasons for public sector to move to cloud

According to GCN, government agencies across the globe are increasingly leveraging cloud computing in their business services and functions. The cloud can be a platform for constant and ongoing innovation within the public sector. It can deliver unique solutions to hard problems and presents an opportunity for substantial technology transformation.

GCN lists 5 reasons why public sector should leverage the cloud computing:

  1. Boost innovation: Cloud native applications can leverage machine learning, burst compute that would be hard (if not impossible) to build and run inside a datacenter.
  2. Leverage a rich portfolio of infrastructure, platform and software services: Rather than sticking with a single cloud provider who may have the best compute and storage services, public sector should adopt a portfolio of IaaS, PaaS and SaaS options that supports their business needs both now and in the future.
  3. Reduce costs: The cloud offers a compelling and cost-effective alternative to on-premise in the public sector.
  4. Refocus on delivering value to the mission rather than continuing to invest in commodities: Instead of purchasing hardware and software that must be upgraded and managed through its lifecycle, the cloud allows IT departments to cede much (and in some cases all) of this work to third-party providers.
  5. The cloud is the perfect platform for business service modernisation. Benefit from a rich portfolio of applications, infrastructure and services that are ready to be used. Innovation in clouds today is unparalleled in the tech industry, almost guaranteeing that an investment in the cloud will remain modern for years to come.

Read more in GCN

Digital transformation within the public sector is opening up new services

Raconteur lists five key examples of digital transformation in the public sector that are “opening up services and improving delivery in a wide range of areas worldwide”. Here are some picks from the article:

  1. Vancouver, first city to develop and implement a digital strategy in Canada has multiple digital transformation initiatives that have delivered value and benefits to residents, staff, businesses and visitors. For instance, VanConnect, a mobile app that enables users to view and access information about various city programmes and services anywhere, and #VanWiFi, that provides free public wifi at around 600 locations citywide, making it one of the largest free public wifi networks in North America.
  2. By the end of this year, all Moscow schoolchildren will have access to an online school, a cloud-based education platform holding 800,000 assignments, textbooks, tests, educational presentation.
  3. In Estonia, virtually all government services are delivered digitally, with the exceptions of marriage, divorce and property purchases. The main principle of Estonia’s e-government is that citizens should have to provide information only once.

Read more in Raconteur

Cloud is the New Normal in Government. Now What?

According to AWS Blog, The U.S. federal government has been migrating to the cloud for a long time. The cloud journey began with email services and websites, and now virtually any type of workload is running in the AWS Cloud.

So what does the future of cloud computing in government look like? Here are a few take aways from this blog post:

  • Agencies will start moving from workload-specific cloud migrations to enterprise-wide solutions
  • Workforces will become more productive: employees can experience greater empowerment with new technology tools that allow them to focus on strategic, innovative, mission-critical work.
  • IT systems will become much more responsive: by moving to an agile DevOps model, IT teams are able to iterate quickly and deploy code on a daily basis, with little risk.
  • More organizations will be able to solve problems that they weren’t able to solve in the past.

Read the full blog post and watch a video of Brett McMillen, Senior Manager for U.S. Federal Civilian at AWS, talking about the future of cloud computing in government.

Cloud transformation at Nordcloud

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Cloud Computing News #7: Company culture affects cloud readiness

This week we focus on how company culture can drive the digital transformation.

 

How can CTOs improve employee readiness for Cloud?

Digital transformation requires also employee readiness which few companies consider when planning transformation. Infomation Age discusses how CTOs can help solve the employee engagement in transformation by driving digital change to successfully integrate new technologies into the enterprise. According to a study by Bain & Company 2017, 87 % of employees feel disengaged globally. This can be a result of fragmented and outdated technology which makes working remotely frustrating.

So how can CTOs improve employee readiness for digital transformation?

  1. Identify the problem, make a roadmap, and pilot: Identify problems that needs solving and what will the enterprise gain from the migration. Draw up a technology roadmap and structure the pilot phases for cloud-based tools which will underpin employee connectedness.
  2. Integrate the technologies employees use and break down communications barriers.
  3. Gather insights from analytics, to share with the c-suite to improve productivity and engagement across the entire organisation.
  4. Use predictive analytics and machine learning for IT teams to be proactive with security and safety.
  5. Change the culture: focus on the employee experience. Digital transformation is a long-term process that can only be successful when it has the backing of the entire organisation.

Read more in Information Age

 

How to support Cloud? 3 ways to build an agile company culture

To work effectively in the cloud, you need more than just the right technology – you need the right culture. In our blog post, we introduce three ways you can build an agile company culture that supports the cloud, so you can get the most out of your digital transformation.

  1. Share a common vision: Digital transformation is like rowing a boat; if one person is rowing in the opposite direction, it makes hard work for everyone else. Likewise, you won’t be able to push forward with the cloud if you’re faced with resistance from a few uncommitted employees. To ensure everyone is on the same page, you need a shared vision that they can believe in.
  2. Abolish the hierarchy: Not entirely, of course, but loosening the reins to give employees more decision-making power will drive your business forward. The agile methodology is founded upon making small but important decisions quickly so you can make progress.
  3. Make it a business goal: For the cloud and digital transformation to be adopted across the entire business, it must become ingrained in all your processes, not just one small silo. Someone has to be the champion that drives this integration forward and ensures that the agile methodology becomes a core part of your business operations.

Read more in our blog post

 

More Value from the Cloud When Company Transforms its Culture

According to AWS Cloud Strategy Blog, the mining industry is in the midst of a transformation. The future is digital—mining companies are shifting their business strategies to account for how technology can help create new business and operating models.

These new technology solutions can help miners improve safety, increase efficiencies in production, drive more accurate planning, or even promote more sustainable mining practices. Yet an area that is often overlooked is how adopting the cloud goes beyond enabling a new technology-driven solution—it’s also about enabling a new technology-supported way of working.

AWS has been working with their mining customers to explore how their people can innovate, using the cloud as an enabler of great change:

  • Focus on the end results: What outcomes will you see once your solution is ready?
  • Drive internal collaboration so that technology solutions are grounded in outcomes that end users (like line-of-business users) need versus outcomes IT thinks they might want.
  • Help employees select small but important wins that can serve as an entry, not only into the cloud, but also into new ways of working, allowing IT to forge tighter alliances to line-of-business leads, adopting continuous development methods, and allowing space for rethinking processes and team structures.

Read more in AWS blog

 

Cloud transformation AT NORDCLOUD

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Our data driven solutions will make an impact on your business with better control and valuable business insight with IoT, modern data platforms and advanced analytics based on machine learning. How can we help you take your business to the next level? 

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Nordcloud positioned in Gartner’s Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide

We are joining the group of few Google Cloud Premier Partners and MSPs.

Blog

How Do Medium-Sized Companies Adapt Amazon Web Services With Success?

How do companies successfully adapt Amazon Web Services? Which AWS customer did it how? How can Nordcloud help medium-sized companies in particular...

Blog

Top 5 Cloud Strategy Tips For the Year 2020

In this chapter of ‘The Role of Transformational Partners in Organization Change’, we introduce Nordcloud’s vision for Cloud Strategy and...

Get in Touch

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.