A couple years ago, it was BlockChain. A few years back it was cloud computing. Now it is data science, machine learning, and artificial intelligence. New technical products, technologies, programming languages and frameworks are released every year. New methodologies and algorithms are appearing at a rapid pace. Today’s technology may change business landscape tomorrow. Enterprises had web-apps. They migrated to mobile apps recently. And now they have pressure for cloud app migration. So, how does your enterprise keep up with these moving targets? Does your enterprise really need to keep up with the changing technologies?
CDSBureau recommends to answer the following questions to get your enterprise specific answers.
- What are the short and long term goals of my enterprise? Will my enterprise accomplish those goals sooner using a new technology? Can my enterprise afford that technology?
- What are my competitors investing in a new technology that will impact long and short term goals of my enterprise? Is that impact worth our time and money investment?
- Will the new technology investment have good ROI in terms of enterprise goals, employee satisfaction, and client satisfaction?
- Is moving to a new technology must to satisfy regulations, address enterprise vulnerabilities or enterprise sustainability?
Go with a new technology, if your answers indicate a need of a new technology. You can also ask CDSBureau for help, analysis, feasibility study, and comparison of current and target states.
Jumping to a new technology without thorough analysis may result in blunders. An enterprise was hearing cloud buzzword and wondering if migration of internal database servers would save IT and database licensing costs. So enterprise representatives spoke to a big cloud company sales manager who eventually convinced them to move to cloud based database system. First year, the enterprise saved $1.5M. Next year, it spent $10M more of all times. Cloud billing may not seem very transparent. Usage drive charges, so an enterprise has to track usage and configure alerts to avoid unnecessary charges. What working for another enterprise may not work for you.
Sometimes, it is necessary to migrate to a new technology because the benefits out pace everything else. For example: securing sensitive enterprise data using a new AI based security software would pay in longer run. AI can identify unknowns.
CDSBureau can help you analyze your enterprise specific needs and evaluate the need of a new technology. Contact us to setup a no-obligation exploratory call today.Share and like us at