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Hybrid IT Demand Fuels Multi-Cloud Computing Trend

Guided by senior executive goals for digital transformation, more organizations are increasing their use of cloud computing technologies. The typical multi-cloud mix includes a blend of public cloud, private cloud and traditional IT services. Finding the best-fit service mix starts with the business requirements. The latest Global Cloud Index (GCI) 2016-2021 from Cisco focuses on the worldwide market outlook for enterprise data center virtualization and cloud computing services. Today's digital business is enabled by a Hybrid IT infrastructure that supports the deployment of cloud-based solutions. Driven by the surging enthusiasm for digital reinvention projects, data center traffic is growing fast. The market study authors forecast global cloud data center traffic will reach 19.5 zettabytes (ZB) per year by 2021 -- that's up from 6.0 ZB per year in 2016. Globally, cloud data center traffic will represent 95 percent of total data center traffic by 2021, compared to 88 per...

CTO Proven Formula for Radical Business Reinvention

Digital technologies have altered how people and businesses interact. The potential for dislocation from ongoing digital transformation has created unprecedented levels of C-suite discussion. The decisive market leaders have heeded the warnings and taken bold actions. That said, if you’re one of those Chief Technology Officers (CTO) who previously responded to this scenario by making small incremental adjustments to your IT agenda, then you’re potentially at risk. Any relief from those prior tweaks tend to be short-lived. The same issues will likely resurface. An Introduction to Digital Reinvention Back in 2013, the IBM Institute for Business Value (IBV) introduced the concept of ‘Digital Reinvention’. Why is that concept noteworthy? Markets had evolved from organizational centricity, in which manufacturers and service providers defined a predictable state, into a radically different environment described as the everyone-to-everyone (E2E) economy. The E2E economy has four dist...

Digital Transformation Leaders Adopt Open Ecosystems

Are you open to new ideas, and given a compelling choice are you really prepared to change? That’s what informed CEOs are asking their C-suite leadership team. The context of those questions is about determining who is most qualified to guide the organization’s digital transformation journey. It’s also about setting expectations for C-level executives to partner. IT and business leaders must acknowledge that they’ve likely reached a significant turning point. Business technology advances are disrupting the legacy status quo and bringing huge market turmoil in their wake. Industries are converging, and unfamiliar competitors are surfacing. Granted, that convergence is creating opportunities for growth by shifting from products and services made by solo entities to new cross-sector customer experiences built via strategic partnerships. But it’s also intensifying market competition. One company’s convergence can become another’s encroachment. So, how do you navigate through this laby...

Digital Transformation is Fueled by Disruptive Innovations

What's disruptive innovation, and why does it matter to leaders in the C-suite? It's how the savvy non-conformist will target market opportunities. How does this happen, when established companies seem to have the advantage? Creative software developers can quickly apply new technologies and digital business models to capture untapped demand. Moreover, the most disruptive new companies will eventually reshape entire industries, swiftly pushing aside the legacy incumbent players -- it's a form of Digital Darwinism. The Global Networked Economy will blossom, thanks to the pervasive Internet, while the adaptive entities will survive and prosper. Over the next five years, global digital transformation will continue to have a significant impact on the demands and requirements of Internet Protocol (IP) networks, according to key findings from the latest Cisco Visual Networking Index (VNI). Over the forecast period, global IP traffic is expected to increase three-fold rea...

Systems of Innovation for Ongoing Digital Transformation

Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews from around the globe. The resulting insights are worthy of revisiting today, as we consider the digital business transformation outlook in 2017. Introduction to the Torchbearer CIO CIOs realize the barriers between formerly distinct industries are collapsing, as organizations in one sector apply their expertise to others – producing new hybrids and erasing prior traditional industry classifications in the process. They believe it's the most influential trend that's transformin...

Cloud Computing Usage Forecast to Quadruple by 2020

Hybrid IT is a catalyst of progressive organizations. In fact, two-thirds of surveyed leaders say a blend of traditional and cloud infrastructure enables a strategic competitive advantage, according to a market study by the IBM Center for Applied Insights . That said, savvy leaders are using hybrid cloud to power their digital transformation agenda, going beyond cost reductions and productivity gains. They’re also using cloud as a foundation for next-generation initiatives -- such as the Internet of Things (IoT) and Cognitive Computing. New Insights into Emerging Cloud Trends According to findings from the latest Cisco Global Cloud Index (GCI), cloud service traffic is expected to rise 3.7-fold -- that’s up from 3.9 zettabytes (ZB) per year in 2015 -- to 14.1 ZB per year by 2020. The ongoing growth of cloud computing is being partly driven by the increased migration to hybrid cloud architectures that support the evolving demand for combining IT systems of record and systems of...

Coexistence: Adopting an Optimal IT Infrastructure Model

Some mainstream IT buyers might think that most cloud infrastructure vendors and service providers are essentially alike. But there are key differences. Besides, given the body of market research to the contrary, there’s clearly no such thing as a "one-size-fits-all" cloud solution. Furthermore, if you believe that a hybrid cloud should support an IT agenda to transform a business, then a viable solution must consider the preexisting systems of record within the enterprise. That’s why forward-thinking CIOs often seek information and guidance on two fronts. First, they want to know how to extract costs from their legacy IT investments. Second, they desire to use that assessment exercise to free-up budget and fund innovation via a DevOps model that would streamline new cloud-native technology deployments. That’s why pragmatic CIOs understand the reality of a coexistence environment, where current on-premises IT systems must be an integral part of the total digital transf...

Hybrid Cloud will Enable Streams of Data to Flow Freely

The world of business is changing. Disruptive shifts in power are forcing everyone to question the established status quo. In particular, savvy chief executives are tasking IT organizations to help create compelling customer experiences, support new business models and adopt agile operational processes. That's why the vast majority of IT and business leaders are joining forces on the organizations’ most pressing commercial needs and wants. They seek an open and flexible business technology foundation that's an enabler, rather than an inhibitor, to meaningful and substantive workflow progress. Forward-thinking executives believe cloud services can empower them to achieve their strategic business outcomes. Moreover, they want their whole leadership team to collaborate across the business, developing a comprehensive IT strategy that utilizes existing infrastructure investments and the elasticity of cloud services. Innovation: Opportunities vs Challenges Meanwhile, CIOs are...

The Business Case for Hybrid Cloud Services Adoption

Forging a viable business technology strategy for today’s Global Networked Economy is a high priority for most forward-thinking CEOs across the globe. Their guidance to CIOs is to create the fusion between existing IT infrastructure and modern cloud services. Moreover, the shift to a Hybrid IT model must support the organization’s key commercial expansion objectives. The savvy leaders who have a superior approach can extract greater value from their legacy IT investments, and launch new initiatives based upon public and private cloud computing services. This is the new normal -- CIOs must create the optimal blended environment for purposeful technology-enabled innovation. Primary Motivation A global study of 500 hybrid cloud decision makers revealed that organizations are increasingly integrating cloud computing and storage resources with traditional IT infrastructure to accommodate dynamic needs and specific business priorities, according to a market study by the IBM Center for...

Savvy Digital Visionaries See Beyond Nearby Clouds

While the decisive CEOs have a digital transformation agenda, those companies executing plans to re-imagine their business models are in the minority. And yet, the early-adopters now using cloud computing are enabled to respond quickly to changing market conditions. In contrast, the laggards are undecided and risk falling further behind. This is a global phenomena, where the industry and local market leaders are able to enact their transition with limited interference or threats from more traditional competitors. Just consider the current status-quo within the United Kingdom, as an example. The transformation of UK businesses is still relatively immature. Many organizations are aware of the potential of open hybrid cloud adoption, but they fail to actively address the technical debt that defines their legacy IT environment. Besides, they tend to narrowly focus on a small snapshot of the bigger picture. Clear Motivation to Overcome Inertia While some British leaders have progres...

Leading in 3D - a Framework for Digital Transformation

CEOs across the globe now view business technology as a key component of their growth strategies. That’s why the role of today’s Chief Information Officer (CIO) has become increasingly challenging. Mounting pressure to innovate has left many CIOs flat-­footed -- essentially playing catch­-up trying to integrate new technologies, rather than driving them. A recent International Data Corporation (IDC ) study examined CIO and Line of Business (LOB) executive perceptions of IT organizations, the changing role of IT leadership from being a traditional operational player to becoming a strategic partner in digital business transformation scenarios. According to the IDC study, the way in which CIOs view themselves has a direct impact on how they envision their evolving IT leadership job and their relationship with key LOB executives. Business Technology Innovation Disconnect Of the 150 CIO survey respondents, 40.7 percent viewed themselves predominantly as custodians of operational inf...

Growing Hybrid Cloud Usage will Double in Two Years

Cloud enables IT agility, empowers DevOps teams and helps to transform legacy business models. The fifth annual Future of Cloud Computing survey investigates key trends in corporate cloud usage. This year's insightful survey findings offer perspective from cloud service practitioners across all industry sectors. "Cloud has been gaining momentum year­-over-­year since the Future of Cloud Computing survey was launched five years ago. Looking at the adoption rates and trends at such a detailed level, it's undeniable that the most successful technology leaders of today and tomorrow are scaling in the cloud," said Jim Moran, General Partner at North Bridge . "Last year, we discussed the second cloud front and the rise of cloud­-native companies. This year, we're seeing the pervasiveness of cloud disrupt industries across the board as companies look to maximize and implement cloud as a strategic and integral technology," Moran added. "We're also...

Building the Playbook for Digital Transformation in 2016

Does your CEO have a bold goal for 2016? Does the goal include the word ‘digital’ or ‘transformation’ in the description? Well, if so, they’re not alone in their quest for a superior IT-­enabled competitive advantage that positions their organization for the future. Business technology investment related to digital transformation (DX) projects will constitute the majority of growth in IT­-related markets over the next five years, according to the latest IDC assessment. "The disruptive impact of digital transformation is about to be felt in every industry as enterprises 'flip the switch' and massively scale up their DX initiatives to secure a leadership role in the DX economy," said Frank Gens, senior vice president and chief analyst at IDC . "In the next two years, two-thirds of Global 2000 CEOs will put DX at the center of their growth and profitability strategies. By the end of this decade, IDC predicts that the percentage of enterprises with advanced DX s...

Cloud-Enabled Innovation will Empower and Disrupt

Today, CEOs in all industries and geographies recognize that in 2016 they'll have an important choice to make, regarding the development of a cohesive digital business transformation agenda -- either be empowered by superior cloud-enabled innovations, or risk being disrupted by more progressive market leaders. The savvy business technology application leaders are already moving from proof-of-concept cloud computing environments to trusting these platforms with their mission-critical workloads. According to the latest worldwide market study by Cisco Systems, this pervasive trend continues to accelerate as demand for cloud resources increase exponentially. The Cisco Global Cloud Index (2014-2019) forecasts that global cloud computing traffic will more than quadruple by the end of 2019, from 2.1 to 8.6 zettabytes (ZB), outpacing the growth of total global data center traffic, which is forecast to triple during the same time frame (from 3.4 to 10.4 ZB). Several factors are driv...

Digital Transformation: Leading a Learning Organization

Forward-thinking CEOs ensure that their organization has access to the latest digital business technologies. But in today’s global networked economy, that’s not enough. If you believe that digital transformation knowledge is power, then fully mastering the ability to apply your IT capabilities into actionable wisdom is infinitely more potent. The Harvard Business Review ( HBR ) market research team recently completed a global study of the path that several organizations have taken to develop and deliver the digital learning support resources that their key internal stakeholders both need and want. In a prior editorial , I described how Digital Leaders are better prepared to cross the skills chasm. In this follow-on editorial, I’ll share the typical roadblocks on the path to digital transformation progress. Plus, I’ll also share some useful recommendations. Enabling Ongoing Digital Knowledge Transfer According to the HBR study findings, the biggest barrier to learning about new ...

Growing Enterprise Mobility Spend will Reach $1.2 Trillion

Impatient CEOs are demanding more innovation from their business technology leaders, as the digital disruption that's already unseating entrenched incumbents can cause real angst. Some have requested their CIO to move quickly and harness the smartphone device that's in nearly every employee's possession. What is your mobile-first business strategy? Are you prepared to accelerate your mobile application development efforts? The right answers to these key questions will become increasingly important. The savvy IT leaders at forward-thinking organizations across industries are already utilizing enterprise mobility software applications to transform their businesses and gain a competitive edge in the Global Networked Economy. Commercial mobile application development is a strategic business tool in the quest to achieve a significant digital transformation . Leveraging Enterprise Mobility Leadership According to the latest global market study by IDC, $901 billion was spe...