How Can Cloud Platforms accelerate Digital Transformation?Publish Date: April 21, 2023
Cloud’s exponential growth in recent years signifies its vital role across the evolving business landscape. To varying extents, almost every enterprise across the globe uses the cloud. According to reports, the global cloud computing market is projected to grow from $ 445 billion in 2021 to nearly $ 948 billion by 2026 at a CAGR of 16 percent during the forecast period.
Leveraging the power of cloud technology can significantly accelerate your organization’s digital transformation journey. By providing valuable insights and streamlining traditional processes, the cloud offers many benefits to drive innovation and accelerate the path toward a fully digitalized business model. Let’s focus on the latter and how to expedite digital transformation via cloud platforms.
Cloud’s Role in Digital Transformation
Cloud computing refers to using remote servers for multiple functions: storage, analytics, processing, security, and more over the Internet. Digital disruption is compelling organizations to adopt various new-age technologies like IoT, ML, AI, etc. But using these technologies requires a robust, highly available, and secure enterprise-level computing capability. Cloud computing fits this need exceedingly well.
Cloud propels a company towards digital transformation in several ways, including enterprise data reusability, compatible APIs, low-code platforms, enhanced security and privacy, virtual data repositories for infinitely scalable storage, etc. Additionally, the cloud helps companies stay relevant and aligned with evolving business needs. Thus, it helps foster innovations that drive the desired business value.
How Can Cloud Fuel Your Digital Transformation Journey?
Cloud technology can catalyze a successful digital transformation journey, allowing organizations to achieve their goals and stay ahead in today’s rapidly evolving business landscape. By leveraging the cloud’s flexibility, scalability, and data-driven capabilities, organizations can tap into new sources of growth and innovation, improve operational efficiency, and enhance their ability to respond to a rapidly changing business environment. Whether through remote work, cost savings, or data-driven decision-making, the cloud provides a powerful toolkit for organizations looking to transform their business and stay ahead in the digital race.
Making the Right Technology Choice Amidst multiple options floating in the technology cosmos, you must identify the one that matches your needs and choose it accordingly. The right fit can help address compliance, cybersecurity, and value concerns. Top and seasoned leaders envision their business strategy and make value-driven sourcing and investment decisions.
Adopting a customized approach to cloud adoption helps increase operational efficiency, productivity, and scalability. You can either stay with a single Cloud Service Provider (CSP) or partner with multiple ones to leverage the capabilities of each.
End-to-end automated cloud-native companies release code into production several times every day. Automated cloud platforms enable companies to add new capabilities that help increase their market responsiveness and perform quick tests. It has helped many introduce new capabilities to the market up to 35-40 percent faster.
Cloud is a disruptive technology. It challenges traditional security practices. But one must not discount the fact that the cloud enables companies to reduce operational overheads should they design their platforms to leverage the cloud safely.
Here, it is prudent to have a cyber-first design that allows companies to benefit from the security-related innovations that CSPs have brought. Such a design helps companies automatically embed robust, standardized authentication, a resilient and interconnected data center availability area, and a solid infrastructure.
This is another way companies can expedite their digital transformation journey via cloud platforms. Process mapping is complex yet imperative. Accordingly, companies must have a business process focusing on bettering customer service via resource and activity realignment. Besides, businesses should make choices conducive to changes to the digital UI that will eventually prove advantageous to the user.
Appropriate Cloud-led Digital Transformation Practices
Of course, every business will have a unique cloud-driven digital transformation strategy. But adhering to some universal practices can help make a significant difference in moving quicker towards each digital transformation milestone.
Some include focusing on the participants, attending to data requirements, clarifying short- and long-term objectives, relooking at customer needs repeatedly, and striving to increase overall efficiency.
Maximize your digital transformation efforts with YASH Technologies.
Our team of experts uses cutting-edge cloud technology to empower organizations to streamline operations, boost efficiency, and thrive in a dynamic business environment. Whether your goals include driving innovation, enhancing remote work, or leveraging data-driven insights, Cloud experts at YASH Technologies can help you supercharge your digital transformation journey. They are adept at assisting you in making the right technology choices, designing the cloud architecture, optimizing cloud platforms, and devising customized digital transformation strategies.
Regional Sales Director