TECH TALK: Amid concern over AI’s impact on the future, BILL MAGEE says firms should take care of their immediate digital requirements
For those businesses seeking solutions to their tech needs, the debate over the direction of advanced artificial intelligence misses the point. AI machine learning involves computer systems algorithmically taking decisions for us. Right here, right now companies need help to accelerate their digital transformational plans.
New research indicates getting it wrong can cost an enterprise between £68,000 to £88,000 an hour. It requires careful handling to avoid commercial catastrophe by ensuring business continuity and disaster recovery in the event of a miscalculation.
Getting it right involves embracing a new commercial mindset and culture that fosters innovation. Most enterprises across all sectors aspire to assign a mighty 80% of their IT hosting financial allocation on the cloud by 2024.
Curiosity Software highlights the hourly damage if cloud is implemented incorrectly and points to a daunting array of commercial challenges when moving a database from a physical server to a cloud environment.
A wrong move can cause a damaging ripple effect including quality issues like production outages, threat of bugs in the system and lost information.
The most serious of these is customer relationship management (CRM) and enterprise resource planning (ERP) systems packed full of sensitive and personal data, as well as a lack of design, development and rigorous testing of cloud functionality together with a compliance risk.
McKinsey Consultants warns that most cloud migrations run well over budget. Worse still, they fail altogether. So given the length of time it takes, together with the cost and evident risks, it can be tempting to pull back from digitisation altogether.
This would be the wrong step to take in this age of hyperconnectivity.
Digital provides the key to an organisation’s modernisation to achieve significantly greater operational efficiencies, capabilities and vital scalability.
Harvard Business Review analytic services joined Amazon Web Services (AWS) to survey 585 business executives. They pointed to the COVID-19 pandemic as a test for an organisation’s innovation capabilities.
HBR notes those who have handled things best are doing so by enabling their customers to drive their innovation efforts to solve their problems first. Backed up by a third party cloud solutions and digital transformation expert.
Here Data Integration as a Service, Cloud Migration and Cloud Management, like the Lambda serverless cloud specialisation, represent a win-win. Along with the wider benefits to a tech company’s client(s), it also comes out tops through skilling-up of staff and all-round support.
An ESG Research Insights study emphasises customers increasingly seek to adopt cloud services. The tech sector is required to up its game accordingly by using end-user expectations
Whether IT consultants, managed service providers or independent software vendors (ISVs), a company should seek improvements in its own business and operational performance, R&D and return on investment.
It’s clear that it must be all about fast-tracking digital strategies, especially solutions bringing companies closer to their client base.
It is also evident marketers must focus on nurturing existing relationships and building connections with their customers in more personalised and agile ways.
A more tactical approach can protect data within web and mobile-based digital products and processes. Both within an organisation and covering clients.
Such Cloud integration connects a company’s legacy systems that in turn reduces costs and improves performance, ensuring it remains operational, sustainable and relevant.
By future-proofing the secure move of data to the Cloud at pace, an organisation can avoid becoming constrained by legacy platforms and enterprise architecture technologies.
Tech tycoon Elon Musk and regulatory authorities will no doubt continue to try to take control of advanced AI. His intervention, claiming it’s a risk to humanity, is being viewed by some as a ploy to gain the higher ground over machine learning systems.
For the ambitious business a much more immediate need is getting Cloud integration correctly designed and implemented for today’s digital age.
This column is supported by digital transformation specialist exceptionuk.com