Welcome!

@DXWorldExpo Authors: William Schmarzo, Rostyslav Demush, Jason Bloomberg, Greg Pierce, Stackify Blog

Related Topics: @CloudExpo, Java IoT, @DXWorldExpo

@CloudExpo: Blog Post

Producing an Effective IT Strategy | @CloudExpo #API #Cloud #Agile

IT strategies that deliver real value

A strategy is a planning document that sets a direction for future work to ensure that you end up where you want to be. A strategy allows you to see the wood, despite the trees. A strategy is often used as a management tool for securing the resources needed to get there

IT is now part of the business and forward looking organisations will have senior IT people responsible for helping devise the Corporate Business Strategy

Business Strategy
This will include discuss for the next few years how it intends to grow and maintain the business. It may mean doing things like:

  1. Starting new business lines
  2. Expanding new business areas, new locations, products enhancements
  3. Adding new distribution channels
  4. Making better use of existing customer to cross sell
  5. Reducing costs
  6. Stopping businesses
  7. Regulatory changes

IT Strategy
Technology needs to ensure business are agile that can meet business needs in a timely manner, while having a low cost/income ratio. The ability to change systems should be easy and cost efficient. An optimal IT strategy must comprehend the business context, applications, technology, organisational capability and governance.

An IT atrategy should aim to deliver continual business benefits in the form on projects, like monthly and its overall time horizon should be no more than 3 years.

We need to define the functional areas of a business and assess the application(s) which support them. There should be no uncontrolled duplication of functionality or data within the application landscape of an organization.

With a detailed understanding of the business strategy, each applications needs to be assessed:

  1. How well does the applications meet today's and tomorrow's business needs
  2. How well does the application support: Core coverage (products, clients, market).
  3. How well is the application designed and developed to ensure stability (IT reliability, change capacity), scalability, performance and extendable
  4. Cost of application - need understanding of both Change the business (CTB) and Run the Business (RTB) costs. A high and increasing yearly RTB costs suggest the application needs investment in architectural improvement to reduce this figure.
  5. Technology infrastructure: the simplicity, uniformity and efficient the infrastructure to meet
  6. Governance & funding: The decision making process and the ability of IT to meet its objectives. understand the technology cost base eg CTB/RTB ratio
  7. Organization capability: readiness and capability of human assets to perform consistently with the needs of the organizations

Why are IT projects done and how to measure value
Projects are done to increase revenue, decrease costs & improve efficiency. These can be improve the income statement and balance sheet. An improved income statement and balance sheet can help drive stock price higher. Not all benefits are financial like 1) some are related to strategic, like for competitive positioning, high availability and scalability 2) operational efficiency - allow the organization to be more lean and efficient by doing things like simplify, standardize, integrate, centralize 3) Security, Business continuity, Regulation

In summary, projects need to be able to demonstrate they can:

  • Does it potentially increase revenue? If so, how?
  • Does it decrease expense? If so, how?
  • Does it optimize assets? If so, how?
  • Does it improve productivity? If so how?
  • Does it mitigate risks (or address regulatory demands)? if so, how?

The "return on investment" (ROI) metric measures, per period, rates of return on money invested in a project in order to decide whether or not to undertake an investment. It is also used as indicator to compare different project investments within a portfolio. The project with best ROI is prioritized.

return on investment = (gain from investment - cost of investment) / cost of investment

Understanding SWOT
This is a powerful thing to add in your Strategy. Strength and Weakness refers to the current environment and Opportunities and Threats refer to the future environment. In producing the Weaknesses, you need to determine the value in overcoming them. You need to understand the weakness, need to know how success will be measured, how important is it to fix it. Likewise, for Opportunities, how would you measure success if the opportunity is fully realized?

Producing a Heatmap
It helps to produce a heatmap where you define whether your application to support a given functionality is a "Buy", which means to invest more on this platform, a "Sell", meaning don't invest and plan to move off, or a "Hold", which is a keep for the time being. For each "Sell", you need to have a plan on what needs to be done, what the cost will be (one-time costs) and ongoing costs, what are the benefits, like productivity gain, cashable benefit, etc.

Summary
An IT strategy should answer the following questions:

  • Are we doing the right things with technology to address the organization's most important business priorities and continuously deliver value to the clients?
  • Are we making the right technology investments?
  • Do we measure what is the real value to the organization derived from that technology?
  • Is our current Information Technology agile enough; flexible to continuously support a successful organization?
  • Is our Information Technology environment properly managed, maintained, secured, able to support the clients, and is it cost effective?
  • Can our strategy support current and future business needs?

IT strategy should not be static but needs to continually evolve as the organization continues to do so; close alignment with the business is key to deliver value in a cost effective manner.

More Stories By Sanjeev Khurana

Sanjeev Khurana is Head of Development at a large European Investment Bank and has over 20 years of IT experience. He has also been a part time Lecturer at Universities such as Brunel, Middlesex, Greenwich teaching undergraduates and postgraduates Software Engineering.

@BigDataExpo Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
Vulnerability management is vital for large companies that need to secure containers across thousands of hosts, but many struggle to understand how exposed they are when they discover a new high security vulnerability. In his session at 21st Cloud Expo, John Morello, CTO of Twistlock, addressed this pressing concern by introducing the concept of the “Vulnerability Risk Tree API,” which brings all the data together in a simple REST endpoint, allowing companies to easily grasp the severity of the ...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...