Insights

As organizations reel under increasing margin pressures, the focus is now on looking inward for improving efficiency and driving down costs. It's a game that spells Cost Optimization and ROI Maximization across the board – support functions included. Also with C-level executives aligning their business goals and collaborating across functional departments, the internal IT team, especially in mature businesses is now no longer viewed as a traditional support function working in a silo.

2017 saw technologies like IoT, Machine Learning, Cloud and Big Data Analytics take center stage. While these will continue to make big strides, we will see bar being raised even higher in 2018 in terms of technology adoption. Let’s take a look at the top five technology trends that you will be hearing a lot about this year.

1. Platforming the enterprise

While the adage ‘old is gold’ may be true in many scenarios, it does not apply to your enterprise technology stack. Software, unfortunately, does not get better with age. As your business evolves, you may often find your legacy technology infrastructure holding you back from your growth aspirations. On one hand, your needs evolve with time; but equally important, legacy technology loses its usefulness as the ecosystem around it evolves.

Did you think Cloud migration is all about lifting and shifting alone? Well never! It requires a common language, a common understanding along with the ability of your organization to align technology solutions for meeting business needs. When you consider Migration, you need to think infra, application, data and process plays. What you need to focus on is optimization as part of the migration plan. Merely lifting or shifting the application and associated infrastructure will actually prove to be very dear and similarly cost of simple migration plans are often over the top.

Governance is about providing clear direction, monitoring performance, allocating resources and meeting business objectives, sans parameter breaches of risk tolerance and compliance obligations.

Yet Cloud Governance isn’t mature enough in the market place. Organizations are grappling with implementing and seeding best practices effectively in their global operations.Instituting a Cloud Governance isn’t a trivial job and is not just about Cloud cost management alone, but is also about extending the ITIL framework.