G Suite? An Overview Of The Google Applications

0
What Is G Suite An Overview Of The Google Applications

G Suite- The possible uses of G Suite are diverse and range from Google Docs, Drive, Calendar and many other things. The  G Suite includes the full range of office applications from Google in the cloud.

  • The most important thing about Google Office applications from the cloud – G Suite.
  • A total of around 700 security experts work with AI systems to protect their customers’ applications.
  • 74% of the time users spend on Google Docs is collaborative.

G Suite: Data Protection

With the relocation of some sensitive data and corporate communication to the cloud, many companies are asking themselves the question of data protection. In certified data centers that meet global standards, the information in G Suite remains encrypted and cannot be viewed by third parties. In addition, companies can decide for themselves at which locations their static data is stored – whether only Europe, or worldwide. 

G Suite Security

G Suite uses the same infrastructure as all other Google services. As a result, corporate customers can build on the same security standards that Google uses: Over 700 security experts work with AI systems to protect the infrastructure, for example, with clever and self-learning spam filters that also reliably detect and block phishing attacks.

G Suite

The  G Suite includes the full range of office applications from Google in the cloud. These include the Gmail email program and the Hangouts video conference and instant messaging service, with which colleagues and business partners are often just a click away. With  Google Docs, multiple users can work together on documents, spreadsheets or presentations in real-time – everything is always available in the Drive storage solution. Appointments and meetings can be organized quickly and easily in the Google  Calendar. G Suite is entirely in the cloud, which means it is available anytime, anywhere.

Google Docs

Seventy-four per cent of the time users spend on Google Docs is collaborative. Whether with the person sitting next to you or with colleagues in the field: With Google Docs, documents, tables or presentations can be edited and commented on in real-time. With an unrestricted processing history, everyone can keep track – even with many users. Google Docs is available in the browser or via the app without any additional software. 

Google Drive

With the Google Drive storage solution, files can be organized for all employees. User groups can be defined and quickly activated for folders or individual documents thanks to simple sharing settings. With the enterprise model, companies even enjoy unlimited storage space. The cloud solution enables access from anywhere in the world with low latency and from any device. Artificial intelligence also helps to find files that are relevant to deadlines and users. 

G Suite – Smart Communication

A large part of the communication via email or company chats works with frequently used standard responses such as “Thank you!”, “I’ll take care of it”, or “That sounds good, let’s do it”. In G Suite, artificial intelligence saves users time by offering these standard responses with  Smart Reply as a quick selection to match the message. Smart Compose supports users in formulating statements and can automatically complete sentences. In this way, users can concentrate even better on the essentials.

With  Google Docs, multiple users can work together on documents, spreadsheets or presentations in real-time – everything is always available in the Drive storage solution. With an unrestricted processing history, everyone can keep track – even with many users. In this way, users can concentrate even better on the essentials. 

ALSO READ: Online Shop: 3 Eliminate Risks In The IT Infrastructure

Online Shop: 3 Eliminate Risks In The IT Infrastructure

0
Online Shop 3 Eliminate Risks In The IT Infrastructure

Online Shop: According to the US National Retail Federation, Christmas sales in 2019 were over 728 billion. The three most significant risks for the IT infrastructure and how companies with their online shop can best prepare for them.

Online Shop: More And More Database Types And Data Silos

The database environment is becoming more and more differentiated. At the same time, companies with online shops are increasingly relying on different databases in different locations. This results in an ever-increasing number of data silos. According to Gate point Research, 58 per cent of the companies surveyed complain about extensive data silos in their IT architecture. However, this makes it challenging to keep track of all instances, making the risk of data leaks higher than ever. The complicated data structures also make data inflexible – up-to-datedness, and redundancy, which are particularly important for the Christmas business, can hardly be guaranteed.

The goal of data management must therefore be a uniform database to reduce complexity. This should ensure a uniform, transparent scheme for applications, but it should also run on every public and private cloud and be distributed over several clouds. This leads to shortened IT maintenance cycles and fewer data silos, thus simplifying operations, especially at peak times.

Digital Changes Are Still Untested

A survey carried out by Data tax shows that 62 per cent of the companies surveyed have already moved part or all of their workload to the cloud, the majority of which only last year. Before Christmas, the peak loads for IT often hit the new infrastructures without a previous, extensive test phase – from the webs hop and order system to mobile systems for customers to modern applications.

The lack of testing poses a significant risk: According to the survey, over half of IT decision-makers are concerned that the physical and digital touchpoints are not up to the peak loads in the online shop. The underlying databases are also affected. A distributed, asterless database architecture independent of all cloud options can provide a remedy here, compensate for possible weaknesses in the infrastructure and prevent points of failure.

High Demand At Certain Times

When it comes to Christmas shopping, as on other peak days, the trend is increasingly towards last-minute shopping. The concentration on certain days in online and stationary retail leads to short-term peak loads of unknown levels and extreme demands on the IT infrastructure. This is problematic because, according to a study by Google, 53 per cent of potential buyers leave an online shop if it is not fully loaded after three seconds.

An optimal customer experience is crucial for business because a negative customer experience does not only have a short-term impact on sales – 14 percent of customers buy more if their experience is positive. On the other hand, negative experiences affect brand perception and customer loyalty in the long term. Companies need to be able to meet these top requirements without loss of performance and in real-time.

Online Shop: Advantages Of A Scalable Database Architecture

A highly scalable approach in the database architecture has two main advantages: On the one hand, it manages peak loads by scaling horizontally, simply adding other nodes and running in every cloud. On the other hand, with a peer-to-peer architecture, requests can be forwarded to another database node in the event of a server failure. This guarantees agility, flexibility and high availability in sensitive times, even on unproven cloud infrastructures.

Even if peak times in online shopping are a challenge for companies, IT departments have to cope with them. Companies are asked to prepare their IT infrastructure for the peak requirements at an early stage. In this way, they ensure that they can meet customer expectations and thus not record any losses but benefit from the customers’ pre-Christmas shopping spree.

ALSO READ: Cybersecurity: Why Cloud Usage Drives Spending Up

Cybersecurity: Why Cloud Usage Drives Spending Up

0
Cybersecurity Why Cloud Usage Drives Spending Up

Cybersecurity: The rapid migration to cloud-based technologies is the most significant disruption to operations, worldwide and an important one.

  • Seventy-one percent of respondents see a need to increase spending on cloud security monitoring.
  • Fifty-three percent say that Cloud Access Security Broker (CASB) focuses on cloud-based tools.
  • Fifty-two percent want to increase spending on employee training.

“The SANS survey showed that the rapid transition of corporate services and business applications to cloud-based technology is the single largest factor breaking existing security architectures and driving most of the new cybersecurity spending,”.

“Cloud surveillance and cloud security access control were the top two spending areas, followed by those on increasing the security staff’s ability to deal with new technologies such as the cloud and to keep pace with regulatory changes and new threats,”.

Cybersecurity: Increasing Spending On Cloud Monitoring

Slightly more than half of the respondents rated the increased use of Public Cloud Infrastructure-as-a-Service (IaaS) implementations as the most significant disruptive factor for security programs in the next twelve months. Based on this, 71 percent of respondents said they see a need to increase spending on cloud security monitoring, followed by cloud-specific tools for the security broker (53 percent), employee training (52 percent), and strong authentication (46 percent).

A total of 57 percent of those surveyed think that, in addition to processes (19 percent) and technology (18 percent), increased investment in people would bring the most significant improvement in their general safety posture. “Managers see educating and refreshing their existing workforce as much more important than simply increasing their workforce,”.

Cybersecurity: Improving Employee Skills

“The fact that respondents place significantly more emphasis on empowering employees than on increasing the number of employees to deal with disruptive technology, especially when faced with escalating privacy regulations and fines around the world, is not surprising. The business use of IaaS and hybrid cloud environments requires a reorganization of the security controls and the integration with CI / CD methods. “

In a series of follow-up interviews with selected respondents, the safety managers recognize the need for “higher qualification” to increase attendance rates, improving effectiveness and efficiency. A higher level of qualification in new technologies and new security techniques is also required to enable the use of security automation techniques that were not mentioned particularly often when spending increased in 2020.

Cybersecurity: Damage From Security Breaches

Strong authentication, the fourth area of ​​planned spending, points to the realization that most of the damage from security breaches and ransom attacks over the past year was made possible by using reusable passwords that phishing attacks can easily assign capture. CEOs and boards of directors support the security teams in overcoming obstacles in the implementation of multi-factor authentication.

“Cloud surveillance and cloud security access control were the top two spending areas, followed by those on increasing the security staff’s ability to deal with new technologies such as the cloud and to keep pace with regulatory changes and new threats, “A higher level of qualification in new technologies and new security techniques is also required to enable the use of security automation techniques that were not mentioned particularly often when spending increased.

ALSO READ: Corporate IT: Four Essential Fields Of Action In 2021

Corporate IT: Four Essential Fields Of Action In 2021

0
Corporate IT Four Essential Fields Of Action In 2021

Corporate IT: Which topics will influence corporate IT this year? Couchbase, provider of a database platform, has four areas.

  • The “cloud-first” strategy is accompanied by increasing standardization of the underlying processes.
  • The cloud will determine the future of open source and challenge its strong position in business software.
  • Security by design as an essential objective will gain in importance.

2021 will mark a turning point in cloud usage as new applications and software will be installed according to “cloud-first.” This also means that technology that works without the cloud is seen as a costly exception. This goes hand in hand with an increasing standardization of the underlying processes in corporate IT. The standards already include microservices and container management systems.

Corporate IT: Implementation Of A Cloud-First Strategy

In 2021 the focus will shift to service meshes. The strength of a microservice architecture is the loose coupling of the modules. At the same time, it is also a significant disadvantage because functions such as monitoring, tracing, and circuit breaking have to be created again in every microservice.

A service mesh is a dedicated infrastructure layer integrated directly into the application and can be used to control how different parts of an application interact with one another. As more companies start using service meshes, they will be just as common. The cloud providers will increasingly influence this – by ensuring that customers use their specific offers, which puts more shackles on companies.

Open Source: The Question Of Monetization

The growth of the cloud giants and IT as a service will challenge the common ideas about open source in 2021. When using open-source software to deliver a service through a cloud provider, the issue of monetization arises. Some software providers are trying to create new license models that apply to everyone except cloud providers. However, this is a clear departure from the generally accepted open source definition, particularly the ban on usage restrictions. Open-source software can then actually no longer be described as open source.

Clever licensing approaches alone will not be enough; rather, the providers must see themselves as service providers when it comes to management, support, and other value chains. The business model is to be innovative – where cloud providers don’t – and offer a better and more differentiated service.

Corporate IT: Security-By-Design Is Mandatory

IT security will remain a dominant topic in corporate IT in 2021 as well. Security must be built into the applications right from the start – by experienced and appropriately trained developers. The provision of security features and technologies only after the developed software will inevitably leave significant gaps. It is all the more critical that companies rethink their approach and prioritize the hiring of trained developers.

In 2021, companies will begin to realize the full potential of edge computing. They will leverage on-device processing to provide faster services to end-users, avoid the risk of network failure, avoid duplicating sensitive data, and make their services more cost-effective.

In this case, the Edge concept replaced by “Edgeless” is. Devices will communicate to run applications without the cloud, with central servers being left out or at most acting as a data archive. As the computing power of the devices increases from generation to generation, edgeless computing will experience growth in which processing can occur anywhere.

Corporate IT: Cloud Determines The Future Of Open Source

“Of course, topics like the cloud or security are on the list of trends pretty much every year. In 2021, however, we will see some significant shifts so that technologies can now exploit their full potential. The cloud, for example, will determine the future of open source and question its strong position in the business software environment,”.

ALSO READ: Cloud Readiness: 5 Recommendations For Implementing Cloud Services

Cloud Readiness: 5 Recommendations For Implementing Cloud Services

0
Cloud Readiness 5 Recommendations For Implementing

Cloud Readiness: A credit card is enough. Nothing more is needed to buy new cloud services – even for corporate purposes. When using cloud services, the focus is on agility. As a rule, the procurers are unaware that an entire IT system landscape can fall apart, and a new form of “shadow IT” is created. The call for an overarching cloud strategy by companies is, therefore, no coincidence. Because of course, the departments should be able to use all solutions – if they offer added value – and thus secure the company’s competitiveness. But not at the price of an IT landscape that is difficult to control and the compliance problems that arise.

Therefore, companies should think about which applications and workloads they should move to the cloud and why. It is also important to develop a procedure that is as standardized as possible as to how potential “cloud candidates” (= applications and workloads) can be identified in the company’s application and infrastructure landscape and checked for their “cloud operability.”

Cloud Readiness: Carry Out A Location Assessment In Advance

Before the widespread introduction of cloud services, it makes sense to carry out a position assessment to see how far the company is already prepared for the introduction of cloud services. This also makes sense if the first SaaS solutions (such as Office 365 or Salesforce) are already used. This assessment then also serves to identify strengths and weaknesses and to derive recommendations for action. Five criteria should be checked here:

  1. Strategy: Has the company already asked itself what added value it is hoping for from the cloud, and how are these considerations communicated? How does the company want to use cloud services, and what are the framework conditions for this? Does the company have a clear perspective for the future use of the cloud?
  2. Architecture and technology: Are the technical requirements for the introduction of the cloud in place? Does the company have an educated estimate of the bandwidth required? Have potential cloud migration scenarios (repost, rebuild, replace) been identified? Has their implementation been verified? Has a test scheme been established in this context to proceed as standardized as possible and to be able to preserve experience?
  3. Organization: The cloud has many differences from traditional IT. Roles and processes also differ markedly. Has the company looked into it? Have the required roles and processes been defined, are the qualifications and skills available, or is there any planning on setting them up? How are cloud services provided to the departments, how are costs distributed based on where they are? Has it been clarified who is responsible for operating the cloud environment? Is a third-party operation planned, and is there a sourcing strategy for this?
  4. Compliance: Sensitive company data is sometimes outsourced to the cloud – have IT security and data protection requirements been met? Is the company aware that not all licenses can be easily used in the cloud? How are the potential risks associated with cloud usage mitigated?
  5. End-user experience: how are departments involved? How can the self-service character of the cloud be passed on to departments? Is there a defined feedback loop so that you can learn from the experience and become better with the next cloud introduction?

As a rule, companies do not yet have sufficient internal know-how to assess cloud readiness and develop and expand it. Vendor and manufacturer-neutral cloud readiness assessments and best practices as a benchmark can help identify and eradicate the “blind spots.” 

ALSO READ: SaaS Solutions: New Trends Bring Movement To The Market

SaaS Solutions: New Trends Bring Movement To The Market

0
SaaS Solutions New Trends Bring Movement To The Market

SaaS Solutions: A study has examined which trends are currently determining the market for SaaS solutions. SaaS solutions (Software as a Service) have now established themselves in almost all industries. The SaaS market has reached a considerable overall size and is still very much on the move. calculated a market capitalization of over 400 billion US dollars for the ten largest SaaS providers alone. The number of offers and providers is correspondingly large. With the quarterly “Global Software Market Perspectives Report,” 

SaaS Solutions: Business Analytics Is In Demand

The market is changing, and the chances of winning new customers increase for companies that use the right strategy. For this, software providers must look outside the box and analyze which market segments they can and want to grow into. As a core strategy for expanding the “Total Addressable Market” (TAM), tech companies increasingly rely on business analytics.

With the help of business analytics, companies can analyze exactly what needs certain target groups have and which of their products can best cover them. If implemented correctly, companies can use business analytics to create forecasts for future developments and align their business activities accordingly. However, current restrictions make it difficult to use and evaluate the data fully.

Enterprise application developers are now expanding their applications to include business analytics functions to gain market share and offer customers software applications and business intelligence tools from a single source. The trend promises a standardization of the daily use of data analysis within the company. This was recently underscored by Salesforce and Google’s successful takeover of the Tableau and Looker business intelligence platforms.

SaaS Solutions: Providers Are Rated Differently

In the case of software companies listed on the stock exchange, we see an increasing difference in the valuation multiples between the best providers in the market and those. They are only structured according to a traditional “SaaS” model. Investors place more value on differentiated businesses with strong profits, solid business management, and demonstrable capital efficiency.

This evaluation environment has become more attractive for companies to buy innovative solutions instead of developing them themselves. This can be seen, for example, in the merger of Dassault Systems and Madidate Solutions in June 2019. Further mergers and acquisitions are expected in the third and fourth quarters of 2019.

EdTech Solutions Are Gaining In Importance

Many professions are also changing as a result of digitization and innovations, and technologies. Today, various work tasks are preceded by a technical understanding that many must first acquire. Lifelong learning is becoming more and more important. This is where many EdTech providers come in. The number of professionals taking online courses is increasing. Learning platforms offer the opportunity to expand knowledge around the clock and at a low cost.

The demand for comfortable and inexpensive training has also attracted significant investment and promoted acquisitions. Many companies rethink human capital development and employee job satisfaction, and so does the EdTech market. This has set the M&A market in the EdTech area in motion. 

Spending On SaaS Solutions Is Increasing

The result of a survey by Bytom Research and KPMG, in which more than 500 companies were asked about cloud computing in 2018, shows that more and more companies are relying on the cloud. Seventy-three percent of those surveyed stated that they already use cloud services in their company. But many companies do not have a concrete overview of their spending on cloud services. Third-party providers of automated cloud management platforms want to change that and enable IT managers to optimize their cloud strategy, capture real costs, and reduce them.

The keyword here is cloud migration, the potential of which more and more IT companies are recognizing. For example, Flex era, a provider of solutions for software licensing, IT security, and installation, took over Risk Networks, which specializes in cloud migration solutions, in April 2019. In May 2019, Patio took over Codability, a provider of the cost management platform. With this, the provider wants to expand its solution to multi-cloud and hybrid cloud environments and optimize cloud cost management. In the same month, with the acquisition of Park My Cloud, Turbonomic combined two companies that specialize in application performance management, cloud application migration, and cloud cost management tools.

Multi-Cloud Solutions Are Becoming Increasingly Popular

When companies get professional with their cloud strategy, they face the challenge of reducing IT costs, standardizing applications, and ensuring IT security. They also want to be more flexible. Multi-cloud strategies offer a solution for this. They make it possible to combine different cloud services from various providers based on the specific business, technical, regulatory, and budgetary requirements.

For example, VMware has also recognized the potential of the multi-cloud and expanded its cloud business with the takeover of Birnam. In spring 2019, Dell Technologies invested, along with other investors, in the company Faction. In total, Faction received $ 14 million. The company intends to use the fresh capital to expand its presence in the MSP and cloud services sector, among other things.

The Market For SaaS Solutions Continues To Move

The SaaS market holds enormous potential for companies and providers. More and more companies are relying on SaaS solutions, and the number of offers and providers is increasing accordingly. This means that the SaaS market is being advertised and growing massively. Although some consolidations and takeovers have already taken place, the SaaS market is still highly differentiated, with many promising providers. Further financing rounds, takeovers, and IPOs are, therefore, to be expected.

ALSO READ: IT Modernization: How The Digital Transformation Succeeds 

IT Modernization: How The Digital Transformation Succeeds

0
IT Modernization How The Digital Transformation

IT Modernization- The success rate of transformation projects is frightening: studies show that 70 per cent fail. Sales of the largest hyper scalers, Amazon Web Services, Microsoft Azure and Google Cloud Platform, are increasing and underline the importance of cloud migration. In this dynamic environment, enterprise architects are increasingly moving into focus: With the help of effective IT solutions, they can successfully control and accompany the entire IT modernization path from the current state of the IT landscape to the cloud.

IT Modernization: First, The Inventory Is Taken

The cloud is more than new infrastructure. Simply relocating applications makes little sense and is not necessarily cheaper. The typical problems of architecture – such as the lifecycle or technology risk management of applications – do not disappear with the cloud but become even more critical.

IT Modernization: Three Phases On The Way To The Cloud

Enterprise architects provide the necessary basis for cloud migration. They can use IT solutions to design the entire process: from the first phase of assessing the cloud capability of all applications, through the concrete planning and implementation of the migration, to establishing cloud governance.

In the first phase of transformation projects (IT modernization), a meaningful inventory of all the applications available in the company must be created. For each application, it must be checked which migration strategy should be used:

  • Repost: Relocation of applications to the cloud with necessary adjustments to the application (“lift-and-shift”)
  • Replat form: Cloud migration with optimization of the infrastructure or relocation to other platforms (“lift-tinker-and-shift”)
  • Repurchase: Replacement of an application with a new product – e.g. change from on-premise to SaaS solution (“Move to SaaS”)
  • Refactor: Development of applications with cloud-native services: from monoliths to microservices architecture (“Rewrite as Microservices”)
  • Retire: Switching off applications that are no longer used (“Get rid of”)
  • Retain: Applications are retained and rechecked later (“Do nothing”)

Various approaches can be followed in IT modernization. The private bank Donner & Reichel AG chose a lift-and-shift path on the way to a cloud-native infrastructure: In the complex technology environment of the bank, data silos had emerged over the years through the outsourcing of IT services to large providers and the simultaneous internal development and administration of your services.

Therefore, a cloud migration requires a comprehensive audit, primarily because of the strict controls and requirements. Our tool created a clear picture of the internal and external dependencies and the decision-making basis for shutting down costly on-premise legacy systems. Forty employees from various bank departments use the tool regularly and thus contribute to improved, permanent IT transparency.

The Necessity Of Flexible Planning Of Transformation Projects

Why do so many transformation projects still fail? When planning and implementing migration – in the second phase on the way to the cloud – companies rely on familiar IT road mapping with three to five years of planning periods. However, this turns out to be too inflexible and is not linked to the concrete implementation of initiatives. There is often a lack of consistent monitoring from conception to implementation: Limitations and risks are recognized too late. In autumn 2020, we expanded our EA solution to include the Business Transformation Management (BTM) module, which enables the planning and implementation of transformation projects from today to a freely definable date in the future and the dependencies on the corporate architecture the push of a button Time.

Teams can plan different scenarios independently and check their effects: This collaboration is already known from software codes. Now we offer a solution for collaborative work on the transformation – the GitHub for architecture management.

Ensure Overview, Governance And Speed In The Cloud

Missing information about existing cloud accounts, runaway costs or insufficient allocation of responsibilities: the implementation of the migration and the establishment of continuous cloud governance is part of a successful transformation project. For this third phase of IT modernization, we provide a solution with the Cloud Native Suite to track relevant cloud KPIs, keep an eye on costs and risks or link applications with business capabilities.

The publishing house Griner + Jahre has been using our Cloud Native Suite since 2019, which offers a business context for cloud assets. It enables well-founded decisions regarding a hybrid IT landscape. New transparency was created with the Cloud Intelligence module about the multi-cloud landscapes and enterprise, and cloud architectures were merged. The module also supported the introduction of ServiceNow and the connection of relevant details of the cloud landscape with the ServiceNow CMDB. This created a database for all cloud services and instances that are operated in the cloud. The teams in operational business, the governance and ISMS teams, the solution architects and software developers benefit from this in particular.

Consider Transformation Projects Comprehensively

The cloud offers companies enormous opportunities and risks if the migration is inadequately prepared, planned, and implemented. At this point, enterprise architects can become game changers and master the challenges of digital transformation with the help of future-proof IT solutions.

ALSO READ: Cloud Migration: New Opportunities And More Flexibility For Companies

Cloud Migration: New Opportunities And More Flexibility For Companies

0
Cloud Migration New Opportunities And More Flexibility

Cloud Migration- Cloud computing is seen as a driving force in times of digital transformation because this technology offers companies. Cloud computing is considered the driving force in times of digital transformation because this technology offers companies more options and flexibility in the face of growing competitive pressure, for example, developing new products and services. But what do you have to consider to migrate to the cloud successfully? 

Cloud Migration: Structured Planning Leads To Success

Mass migrations of corporate applications to the cloud are currently increasingly observed. Many companies try to move as many applications as possible to the cloud as quickly as possible. They neglect essential steps in a strategic approach that are essential for a successful move to the cloud. Carrying out these in retrospect often costs more time and money than was initially planned. This makes the migration unprofitable. To prevent this, it makes sense to prepare a well-thought-out cloud strategy.

In addition to the question of the right time, the goal of the migration to the cloud should first be clarified. Often the goal setting is a hurdle because it happens that different departments have different ideas. For example, some want to cut company costs.

On the other hand, others see the migration to the cloud as an opportunity to develop new products and services that they can flexibly scale and exploit thanks to cloud solutions. The examples show that it is essential to include all departments and their employees with their different objectives early.

Looking For The Best Migration Method

To implement a smooth cloud migration, it should also be checked in advance which applications and components of the legacy systems are suitable for relocation to the cloud. Many companies currently part of the mass migration of applications to the cloud prefer the “lift and shift” method. The application remains more or less unchanged. The advantage of such a project is that the migration pays for itself quickly.

When migrating, however, you should not only pay attention to the cost advantages. If a company decides to migrate its application to the cloud unchanged, it must ensure that all applications are up-to-date and meet the requirements for operation in the cloud. If this is not the case, old legacy applications should be replaced by modern applications.

Technology Alone Does Not Determine Success

Many mass migrations are primarily about moving your application to the cloud at any cost. The main actors in the scenario were previously IT managers. But that is changing noticeably. Successful and smooth cloud migration requires company-wide collaboration, in which both cultural and process changes must be initiated.

Only then can it be guaranteed that cross-departmental collaboration occurs and that the cloud project is not driven by a few decision-makers alone. And then, it may come to a standstill due to interactions with other departments involved.

Word has gotten around among many executives that this is a critical factor for digital growth. For this reason, when moving to the cloud, more outstanding care is taken to include all areas of the company. Flexible corporate cultures and good change management are the basic requirements to be able to implement this.

Only when all of these questions have been resolved should companies venture into the cloud. If the migration is successful, the company can deal with which new business models may still be developed through the cloud to further expand the competitive advantage over other companies.

ALSO READ: Digitization: These Are The Most Significant Entry Hurdles For Companies

Digitization: These Are The Most Significant Entry Hurdles For Companies

0
Digitization These Are The Most Significant Entry

Google, Amazon, and Apple have shown the way: The Digitization of companies and value chains is the business model. Control or automate time-consuming internal operating processes centrally via a digital interface, handle the entire procurement process without paperwork or manage machine parks in a single program and, if necessary, mobile: This is how the future should look if companies have their way. This form of digitization is already within reach today. Because what may sound like science fiction to many can be put into practice with modern business software such as SAP.

Reluctant Approach To Digitization

As the corona pandemic has shown once again, such measures are now more necessary than ever to organize businesses entirely from the home office and not to fall behind in the international competition. And yet, the majority of corporations and SMEs continue to complain about slow progress in internal digitization processes.

“The hurdles for the digital transformation process lie elsewhere,”. “What is needed for a successful implementation is not just the software. Internal IT skills and entrepreneurial know-how, for example, are at least as necessary for a successful cost-benefit calculation. The courage to change is an equally important driver. “

Where To Start With Digitization

As good as the digitization of corporate processes sounds, the devil is in the details in theory. Because which specific measures are appropriate for a company and to what extent they should be implemented is a complex cost-benefit calculation that managers and department heads often grapple with in vain. “Creating KPIs and roadmaps for something that you have limited know-how about yourself is a difficult undertaking,”. It is also advisable to take a step back first to see the big picture and the potential for improvement to be recognized before taking the significant steps forward in the direction of digitization. If the optimization potential is correctly quantified, individual measures and their scope can be easily determined.

Communicate The Benefits Of The Transformation Process

Digitization projects are often about much more than just setting up a new email server. Projects with great potential for optimization, in particular, affect extensive company processes and must be implemented across departments. But when the tried and tested are suddenly replaced by something new digital, companies sometimes encounter resistance from within their ranks.

“Digitization can bring about radical changes. Some managers shy away from this, especially if the benefits of the transformation process have not been communicated to them by the company management”,. To guarantee a smooth transition, change processes should be planned, defined, and communicated in advance with the top management. Subsequently, such far-reaching changes must be supported and defended by everyone.

When Digitization Becomes A Question Of Responsibilities

Sometimes the biggest problem with digital transformation processes is the question of responsibility. Many companies do not have their own IT department and instead delegate digital tasks to the relevant working groups. In larger projects with high requirements, however, this can quickly lead to capacity problems. Because even if there is an internal IT department, it is often overloaded with the requirements of a large-scale digitization project.

“In many companies that have difficulties getting started with digital transformation, the tasks are repeatedly delegated in a circle,”. To counteract the failure of the change process, external consultants take over the system implementation and introduce employees specifically to the system and the new strategy within the project framework. In this way, the company saves the costly further training of its IT specialists for individual projects. In addition, consulting firms such as CNT support holistic projects – starting with project and workshop planning, through implementation to training and support after the digital changeover. Both the entire company and each employee benefit from this.

ALSO READ: Automate Financial Processes: More Flexibility And Less Time

Automate Financial Processes: More Flexibility And Less Time

0
Automate Financial Processes More Flexibility

Automate Financial Processes – Companies across all industries and departments rely on digital tools to automate their processes. A current study shows that digitization will change financial processes – from reporting to accounts payable and accounts receivable to forecasting, risk management, and the annual financial statements. The advantages for finance departments lie in the automation of time-consuming processes. The move away from manual work steps saves time and money. But there is another side of the coin if you want to automate financial processes.

Automating Financial Processes: What You Need To Keep In Mind

The crux of all forms of automation is that processes are accelerated, but individual needs take a back seat in some cases. That can be poison for the internal working atmosphere as well as for the relationship with the customer. Therefore, how finance departments can benefit from automated processes without neglecting customers and employees arises.

More Sensitivity

A sure instinct is required, especially when it comes to customer relationships. There are processes in the financial sector that do not have to be personalized – a standard letter is sufficient for invoicing. The situation is different with sensitive topics such as reminders.

Many companies are already relying on automated solutions for receivables management. This is useful because it saves time. On the other hand, it is not advisable to treat every outstanding claim and therefore every customer in arrears in the same way. It makes a difference in how long a claim is unique, how much it is, and whether it is a reliable existing or new customer.

Automate Financial Processes: More Room For Flexibility

These differences need to be taken into account if you want to automate financial processes. Accordingly, care should be taken to ensure that it offers scope for adjustments when choosing a platform. Some cloud solutions allow this by allowing the address and tonality to be individualized. A reliable existing customer can receive a friendly payment reminder with a wink. In contrast, a new customer with a high claim that has been outstanding for a long time will receive a much stricter warning.

Less Internal Conflicts

The combination of automation and flexibility is therefore of crucial importance for customer loyalty but also internal processes. Finance departments benefit from automated solutions. However, communication between the departments must not be neglected. For example, a common reason for outstanding payments is that finance and sales are inadequate in communicating.

The solution: cross-departmental tools. Some providers have focused on building dispute management, i.e., optimized internal communication between departments, into their software. In this way, all relevant employees keep track of paid and unpaid invoices, pending dunning processes, and manual adjustments.

A careful selection of the financial platform allows the advantages of automation to be used without the risk of annoying customers or causing internal frustration. A special plus: The incoming payment of outstanding invoices can be accelerated by up to 20 percent. Conversely, this means that the combination of automation and flexibility also ensures that a company increases its liquidity in the long term.

The advantages for finance departments lie in the automation of time-consuming processes. That can be poison for the internal working atmosphere as well as for the relationship with the customer. The situation is different with sensitive topics such as reminders. Many companies are already relying on automated solutions for receivables management. This is useful because it saves time.

ALSO READ: Paying In The Future: How Will We Shop In 2030?