Journey to the Cloud: Oracle Cloud Day Chicago Recap
The cloud is an integral part of our lives now. From keeping our personal lives organized to becoming a core element of any enterprise’s technology strategy. In the past few years, we have seen the conversation around cloud adoption move from speculation to “when” and “how.”
Conversely, it remains one of the most disruptive changes in computing in years, and that’s what makes the cloud so compelling to enterprise IT. Its value proposition is multi-faceted, ranging from significant cost savings over a traditional data center approach to the ability to quickly build robust, resilient applications that can scale in real-time.
Oracle Cloud Day in Chicago last week was an insightful way to get updated on what’s been going on since Oracle Open World and connect with other cloud professionals from all over the country.
[Ray Wang, Constellation Research]
As usual, Ray Wang’s contagious energy filled the room and got everyone amped up about digital disruption.
— Rimi Bewtra (@RimiBewtra) November 8, 2016
Digital disruption is more than just a technology shift. It’s about transforming business models and how we engage. It involves design thinking, which is a methodology to unlock solutions to questions you never would have asked.
A shocking statistic: 55% of the Fortune 500 did not make money last year. Things are changing and it all starts with the cloud.
Today, we go beyond selling products and services–we aim to sell brand trust and loyalty. Ray used Disney as the prime example of selling a delightful customer experience. The MagicBands are factored into the customer’s admission price, meaning Disney charges us more for the ticket so they can “track us like gerbils” and WE LOVE IT. They use the insight data to make the customer experience better. Read more about Disney’s IoT experience here.
If 20% of your revenue isn’t generated from insights by 2020, you’re not a digital business. Meaning, if you’re not using enterprise intelligence to improve business processes and the customer experience to drive significant revenue, you can’t consider yourself a digital business.
In the new world, IT and business collaboration is the key to digital success. While business needs (simple, scalable and sleek) differ from IT requirements (safe, secure and sustainable), they can work together to apply new business models, restructure the organization and introduce disruptive technologies.
5 Steps to get started with digital transformation:
- Design new experiences and outcomes.
- Develop a culture of digital DNA – everyone should live and breathe digital.
- Apply new business models and technologies to existing infrastructure.
- Move from gut to data driven decisions.
- Co-create and co-innovate with new partners.
The Hitachi Consulting customer success keynote focused on the firm’s adoption of hybrid cloud and its current state. Hitachi examined a number of cloud solutions before selecting Oracle Cloud. Key criteria for Hitachi’s cloud decision included:
- Personalized – easily change the user’s cloud experience.
- Connected – connect the business, connect any person, anything.
- Secure – enterprise grade security and compliance.
- Complete – one cloud for the entire business.
- Global – no limits on expansion
- Insight Driven – the right information, the right way.
- Digital – native, mobile, social and optical.
— WhiteLight Group (@WhiteLightGroup) November 8, 2016
Every IT department’s top concern is protecting its company’s information assets—a critical, everlasting component. However, IT must also enable and foster innovation, both to make existing processes more efficient and cost less, as well as to support new and emerging business models.
With the cloud, there’s a balance between maintenance and innovation shifts. Operating in the cloud provides many cost advantages, allowing IT departments to focus more on innovation.
Running in the cloud can reduce the need for cumbersome operations such as system software upgrades and patching, permitting IT to redirect staff toward revenue-centric activities. New capabilities in the cloud make new kinds of powerful applications possible. More and more companies now see the cloud as a way to accelerate business innovation and competitive differentiation.
It’s important to consider that with any great technological change, this kind of transformation involves much more than just technology. It also requires a shift in corporate culture, enterprise and IT processes, individual roles, governance, etc.
The cloud is a journey and no two are exactly the same. The journey includes use of SaaS applications, migrations of on-premise applications to the cloud and adoption of cloud services to bring entirely new kinds of functionality, such as machine learning and predictive analytics to improve your business.
The speaker presented the audience with five journeys an enterprise may embark on along their migration to the cloud.
- Streamline Enterprise On-Premises
- Extend Private Cloud
- Deploy Hybrid Cloud
- Bring Public Cloud On-Premises
- Lift and Shift to Public Cloud
— WhiteLight Group (@WhiteLightGroup) November 8, 2016
Applications are everything—they drive the business. Deployment options vary by self-assembled, converged/hyper-converged and engineered. Many organizations are now moving toward modernizing their enterprise application infrastructure due to an obsolete infrastructure, which increases security risks and costs. However, you can deploy legacy applications on a modern, cloud-ready infrastructure and pave a clear path to the cloud without disrupting long-time investments.
The generic application infrastructure treats workloads equally, which shouldn’t be the case. Some applications are more important than others and should be determined upfront.
Security for enterprise applications should be built-in, “on by default” hardware with accelerated data encryption/decryption. However, it’s also important to keep in mind that not all applications can run in the public cloud due to compliance regulations, sensitive data on-premises and security standards.
According to Gartner, nine out of ten organizations will lack an application integration strategy in 2018, which may result in ‘integration disorder, greater complexity and cost’. In order to respond to business change and disruptors, a business applications strategy must consider multiple options for infrastructure and deployments, with premise, managed services, hosting and cloud.
WhiteLight Group and Venture Technologies have partnered to provide complete solutions for innovative business models. Align IT with your business and establish a foundation to build a flexible, scalable and responsive IT organization.
Oracle Cloud Day Chicago was an eye-opening experience for us and we hope you were able to take something away from our recap. If you have any questions regarding what you read, contact us here.