The cloud quandary

Much has been documented, said and promoted about “the cloud” in the last ten years or so. Thanks to the World Wide Web, there have been several breakthroughs and information ready today at our fingertips. Much to our surprise, even then, businesses are hesitant about accepting this technology or unaware of how to make most of this technology.
The market has always been bucketed as per management principles into innovators, early majority, early adopters, late majority, and the laggards. We also know that sustainable financial growth, competitive edge, and rich culture distinguish innovators from laggards. I am bewildered every single time a new technological wave such as the Cloud hits the market; these are the five categories players end up falling into. Economic downturns are impossible to predict, but it is never too late to prepare how you would weather the next downturn or disruption– whenever the wave hits.
So why do some decision-makers not push themselves into becoming early adopters or at least push to be in the early majority or an early adopter?
The steam engine of our century
The globe has moved on from mainframe systems of the past to today’s serverless technology. This has revolutionized business transaction systems in the world altogether. While the very first industrial revolution in the late 18^th century changed the world by getting us places and producing goods quickly, Cloud today is the critical enabler of the next industrial revolution.
Technology is democratic, and a harbinger of great things to come. Even Gartner has predicted that by next year, a corporate no-cloud policy will be as uncommon as a no-internet policy is in today’s day and age. Yet many industries, such as the pharma or financial services, are uncertain about welcoming it. Not because they are against embracing new technologies for business improvement, but partly because they have concerns regarding the risk of change, security, impact to business continuity, end-customer satisfaction, a perceived lack of control, and costs.
Let us call it the cloud quandary in the context of this blog. While change is hard, managing it can be seamless if premeditated and tailored to your business’ future. There are many causal aspects of businesses not allowing them to adopt these new changes, but the two below stand out, primarily:

1. Knowing your tool, the why, how and when

2. Continuously sharpening your edge

Overcoming your quandary, jumping to action
The cloud quandary, in my view, is going to be much more prominent in the days of sudden disruptions. The question all business leaders will face is how can they green signal digital initiatives that will truly realize the next productivity gain, and perhaps avoid ones that will not? If you have already addressed the mentioned two challenges above, you are on the path to glory! Keep in mind, picking the right cloud-enabled actions to drive sustainable success will require you to keep your ears to the ground for the latest trends.
At YASH Technologies, we continuously run business, domain, and technology-agnostic campaigns towards sharing knowledge and conduct free workshops to train and converse with both the business and the IT world from organizations all over the world. Feel free to write to us if you would like to conduct a free workshop at your office.
After all, as one of the founding fathers of the US once said, “An investment in knowledge always pays the best interest.”

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