When we think of market disruptors, names like Airbnb, Netflix, and Lyft immediately come to mind. These innovators have redefined industries with their agility, leveraging cloud technology to innovate and scale rapidly. In today's interconnected world, where the metaverse concept is gaining traction, agility is paramount.
Companies are racing to scale globally, and operational excellence alone doesn't cut it. Continuous improvement in user experience, relentless innovation, and speed to market are now the gold standards.
Understanding Business Agility
Business agility is an organization’s ability to modernize, adapt, and scale quickly with changing market conditions and the business environment cost-effectively. By doing so, the organization sees a consistent (or even exponential) revenue growth, expanded user base, enhanced user experience, faster innovations, risk minimization, and reduced costs, among other benefits.
Agility is critical to achieving key business objectives.
Since access to technology is no longer a barrier now, any company that can truly become an agile business has the power to disrupt any market segment and eat into corporate giants’ market share. So now, regardless of the nature and size of the company, businesses have to modernize their infrastructure, products, and services and continuously adopt new technologies to remain relevant in the market.
The Role of Cloud in Business Agility
Cloud, as we know it, has become a true technology enabler and, more importantly so, for agility. Adopting the cloud is one of the most significant steps in achieving business agility and improving strategic decisions. Forward-thinking business leaders are transforming their business by deploying strategic cloud computing, from operations to offerings. Here is how cloud adoption helps build the foundation for agility:
Adaptable Business Processes
Business transformation involves changes in business processes or entirely new business processes. This, in turn, requires new IT resources to be deployed quickly, efficiently, and at scale. Cloud adoption helps businesses deploy IT resources easily to implement and support their business processes.
Harnessing Modern Technologies
With cloud adoption, futuristic technologies such as AI, ML, Blockchain, VR, and more are at the disposal of any business. You can experiment, build, and embed these technologies in your applications fairly quickly with the out-of-the-box offering by cloud providers. The sky is the limit for innovations with the cloud.
Resource Provisioning on Demand:
Investing in IT resources upfront and deploying infrastructure during the first few weeks or months is now a thing of the past. Cloud adoption helps businesses deploy computing resources anytime within hours or minutes and pay only for the resource consumed.
Cloud adoption significantly brings down IT spending with no upfront cost and a pay-as-you-go model. Additionally, resource usage analytics and real-time monitoring help businesses optimize their IT costs. Startups and SMEs can benefit from managed services to build prototypes and run experimentation without investing a lot initially.
Cloud removes the burden of transitional IT infrastructure deployment and management with SaaS, PaaS, and IaaS offerings so businesses (even technology companies) can focus on their core operations. Individuals can start their business with cloud computing resources without hiring an IT team.
Cloud adoption empowers all stakeholders, from management to IT, by giving them the power to quickly respond to market changes and become agile in their job. And when people become agile, the whole organization becomes agile, digital transformation becomes a success, and the business becomes a disruptor.
Aokumo can help you build the blocks to make your digital transformation initiatives successful and help you transform into a digital enterprise. Contact us at [email protected] or our contact page to learn more about our services and solutions.