Business models are constantly evolving as enterprises undergo digital transformation – an inevitability as industry moves towards the on-demand service that customers look for today. Last week we explored how HPE GreenLake can help build a custom solution for your business’s storage needs. Today, we’re diving into why it makes financial sense, too.
It’s an almost universal truth across industries these days that business models are changing as the pace of digital transformation gains speed. Today’s economy is focused on giving the customer what they want, when they want it, meaning IT teams must be both agile and flexible to support their business and see it succeed.
Applications are the fuel that runs the modern digital business machine. When the
infrastructure that powers those applications is difficult to administer, or fails, businesses and their IT organizations are severely impacted. Traditionally, ensuring availability and performance was the responsibility of IT, but in today’s technology landscape the industry needs to evolve and reset the requirements on vendors.
The digital transformation of today’s technology landscape moves at breakneck speed. One of the only things that moves faster, is consumer demand and expectation. Consider this: Before 2007, not a single person in the world had a smartphone – but 13 years later, mobile devices are on track to outnumber the global population four to one. That kind of growth means business leaders need ask themselves, “What if the expectations of our customers exceed what we can do?”
In an industry that requires constant innovation to keep up with the demands of the customer, digital transformation- modernization of the datacenter - is crucial to digital enterprise. In fact, a Forbes Insight survey from 2018 found that 35 percent of executives reported a high degree of competitive disruption within their sector due to the growing number of technology-driven startups and technological innovations.
The digital workplace is in, and the days of Windows’ dominance and employees working from a single, stationary device are out. This new strategy champions flexible, employee-centric technology, and processes to aid productivity and unlock the potential of individual employees, teams, and organizations.
Digital transformation is becoming an increasingly popular course of action for enterprises trying to keep pace with emerging market trends, fluctuating customer demands, and increased competition. But traditional network architectures weren’t built to handle the types of workloads, and complexities, that arise as a result. Even worse, in an attempt to take on the work these architectures – post-digital transformation – can actually compromise business-critical services and network performance.
Digital transformation is fundamentally changing the way organizations view and manage their data, with an estimated 60 percent of data-driven enterprises scheduled to begin digital transformation by 2020. This transformation allows enterprises to use their data to generate revenue and keep a competitive edge – but only if it can be stored accurately and organized in a way that keeps it easily accessible.
Many enterprises are undergoing a digital transformation as they move towards business models that collect and use data as a strategic digital asset. This information is used to drive better insights and improve agility, but as the demands for in-depth collection, analysis, and response grow older, technologies can’t meet the evolving requirements.
While many industry experts are writing about the importance of IT and digital transformation, few are diving into the details of what exactly they should be transforming to. Should the focus be on analytics and big data? The move to the cloud? Mobility?
The rise of cloud technology enabled organizations to shift computing-power and data storage from private data centers to public cloud environments. The transition to the cloud facilitated vast amounts of data to be accumulated and manipulated in a centralized way; however, widespread use of the Internet of Things (IoT) has created new data processing requirements. It does not make sense to centralize massive amounts of raw data gathered by IoT sensors, so edge computing seeks to fill this need by decentralizing and distributing computing resources.
In today’s digital world, businesses with high-functioning IT departments have a significant advantage over their competition. More and more companies now choose to transform their organizations and redefine their IT services. If done correctly, digital transformation can revolutionize the way IT departments respond to dynamic business needs, thereby maximizing their potential and enabling them to serve customers and staff better. Digital transformation requires a strategic approach. The following tips can help you develop a robust plan for digital transformation within your organization.
How resilient is your organization from an IT perspective? The Merriam-Webster Dictionary defines resilience as, “an ability to recover from or adjust easily to misfortune or change.” With the digital transformations of so many companies today, resiliency to change and disruption needs to be a priority. What does resilience mean for the enterprise today? It means having the ability to seamlessly adapt to change while enduring and responding to unplanned events such as:
Digital transformation is a transformation with no perceived endpoint, but a recurrent digital evolutionary process. It is a race, a race that is both a sprint and a marathon at the same time. It is a race with no assigned course or track, nor a checkered flag to pronounce the winner. Winning the race simply entails the ability to use knowledge, innovation, and IT agility to turn ideas into value and do it better and faster than any of your competitors.
As the trend toward the digital enterprise surges forward companies of all sizes are facing their respective challenges adapting to the pace of change. The expansion of mobile, social and the Internet of Things means a hike in the demand of IT as a trusted partner more than ever before.
Nutanix was one of the first hyperconverged infrastructure solutions. People like asking about sizing, scaling, and adding nodes during initial HCI discussions, but hyperconvergence with Nutanix is much more than that. HCI is good for everything from VDI to desktop delivery and mission critical business apps.
Software as a service and many other digital business models have never been the same since the possibility of leveraging hybrid IT. Thanks to it, an organization can deliver services in a more optimized, balanced, automated, granular, and flexible fashion.
According to a report by Gartner in 2016, 50% of CEO’s expect their industries to be substantially or unrecognizably transformed by digital transformation1. The underlying scope of this proclamation is that the companies that successfully compete in this new economy will have substantially or unrecognizably transformed themselves as well. These IT leaders expect change, dramatic change. They are faced with the immense task of augmenting their organizational processes and shifting the cultural mindset towards innovation. The key to success here is leveraging the power of digital technologies to create that change. There are two choices today—adapt to change or create it.
The idea economy (a term coined by HPE) represents a new paradigm, where a company (of any size) can add value and disrupt the market faster than ever—thanks to the advancement of the public cloud, mobile devices, social media, and big data analytics. Transforming your data center into an agile, hyper-connected enterprise IT environment that can handle the challenges of the idea economy will require some investment. But that investment is probably less than you might think and there are multiple ways to approach financing that won’t break the bank.
As we discussed in our white paper, “Augmenting and Enhancing Your Existing Network with a Hybrid Cloud,” there are many advantages of a hybrid cloud model such as greater levels of redundancy and elasticity. To acquire the advantages that a hybrid cloud offers requires a lot of planning and preparation. We have compiled a comprehensive checklist to aid you in the preparation of your deployment.
With the rise of digital transformation in today’s modern workplace, traditional Wide Area Network solutions are unable to keep up with enterprise demands. A growing number of organizations are moving their data and applications to a cloud environment, which means they are increasing their bandwidth use - resulting in network congestion and rising costs, as well as growing security concerns. It is for these reasons SD-WAN (software defined wide area network) is a compelling and attainable alternative; however, most SD-WAN solutions are not as secure as enterprises need them to be, with add-on security offerings that pose a risk by creating a fragmented solution.
Apple is one of the greatest comeback success stories for technology. Since the mid-1980s, the Mac computer grew from owning only five-percent of the computer market to dominating it today. While loyal Apple users demand the ability to use their devices in the workplace, enterprises and IT have pushed back since their products are expensive and not easily adaptable to the enterprise mobility setting. As Apple grows and continues to dominate the market, IT is shifting its thoughts on the use of these products and devices in the organization.
The ability of an enterprise to keep up with changing technology depends on the skills of its IT employees. The pace of innovation can be overwhelming even for the most experienced professionals, but this isn’t the only challenge organizations face. As companies understand the importance of digital transformation and take it on within their company, the demand for IT professionals with the required skillsets to transform legacy driven data centers into hybrid infrastructures is skyrocketing. As a result of this move towards hybrid IT, the demand is outpacing supply.
If you could start your company’s IT strategy from scratch, is there anything you would do differently? We’d bet that if most organizations asked themselves this question, hybrid IT would be part of the ideal setup. Here are some of the ways your existing IT would benefit from an overhaul, if given the opportunity: