Business transformation, from a technical point of view, is an important process of fundamental change, the effectiveness of which largely determines the commercial success of the company in the future. The presence of any errors and inaccuracies in the stages of transformation management can affect the performance of virtual systems in the company, which, in turn, can have implications for critical economic metrics. To minimize the risks, company leaders are advised to use system-oriented, time-tested transformation approaches; there are a large number of them.
The technology transformation that business transformation requires can also be accomplished through several methods. Among them is the migration of all data to cloud storage, which allows to solve the problem of accessibility to information, establish levels of access, and ensure the speed and safety of data even in the case of physical damage to the enterprise. Data migrated to the cloud can include customer databases, business and financial information, and even organizational details. However, the lack of a cyber strategy, including agile (Agile) programming for cloud management, will deprive the company of attractive opportunities to automate processes in the company.
On the other hand, a leader may decide to completely rewrite the company’s virtual environment from scratch to get rid of outdated mistakes: this is effective if a fundamental change in the company’s management approach is needed, but with the preservation of existing databases. For example, this would work if the number of critical vulnerabilities proved to be excessive or if the code was compromised. Nevertheless, in this solution, too, the company could lose out significantly since it takes too many resources and time to write an entire architecture from scratch.
The third solution for technology transformation in a company might be an evolutionary programming system, in which the current level of virtual architecture is seen as incomplete and in need of improvement. For example, if a company has decided to engage in vertical integration, that is, some of the systems are retained, but many of the components need to be added, then the evolutionary approach may be appropriate for such a transformation.
In this case, the company’s resources and time are significantly saved, and there is no need to have a clear idea of the final look of the product. Finally, a fourth solution in the technological transformation of an enterprise can be the use of outsourcing. If a company is modifying its virtual environment but does not have enough quality knowledge and skills to do so, delegating functions to experienced partners is a viable solution.
Outsourcing can imply either temporary or permanent delegation of the IT architecture management to the company, which means that the responsibility for this direction for the company is minimal. However, the leader must be clearly confident in the efficiency and reliability of the partners, as he gives them access to strategically important data of the whole enterprise.