Application Transformation For The Digital Age
In the digital age when technology is evolving faster than ever. Many companies are struggling to take advantage of cutting edge technologies. Even the high growth companies are not upgrading their business applications fast enough.
For companies to remain competitive in the market companies have to be
Agile
Continuously improve
Innovate
Adopt service orchestration
Reducing costs while improving operational efficiencies.
The question is where comes the justification from for investment?
Very few enterprises believe that up-to-date applications help them gain access to new sales and delivery channels, improve scalability, reduce time-to-market or it can drive revenue growth.
What is holding back the enterprises growth?
The burden of legacy systems
A linear development approach
Siloed organizational structures
And sub-optimal automation of traditional models
Let's talk about Top Challenges Companies facing. Some of them are
Inability to change - the legacy systems burden
Slow delivery speed - limited collaboration, waterfall-delivery structure
Inefficient processes - Manual processes and fragmented governance processes
Limited innovation - mostly focusing on "keeping the lights on". Innovation is key to faster adoption of newer technologies.
Here are the expectation companies have with application service strategy
Align the application strategy with enterprise digital strategy
Make application strategy work for driving the business value and customer experience
Reducing the total-cost-of-ownership, i.e. TCO
The underlying principles of application services in the digital-age are
Now let's talk about implementing those principles to transform the application service environment
1st step is to Forster the product-oriented approach to drive innovation
2nd step is to leverage the intelligent automation
3rd step is to optimize and modernize the application portfolio
and the 4th step is to Embrace and implement the DevOps practices
If I have to summarize this concept of application service transformation aligned to Digital Age.
Check in your organization how to make continuous improvements in cost and operational efficiencies
Check and focus on business value while transformation delivery of applications and services
Continuously check and evaluate the application portfolio against the industry benchmarks.
and the last one is to encourage innovation-led approach for application transformation, leverage applications innovation as catalyst for accelerating the business initiatives.