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Navigating the Future of Operations, Innovation, and Digital Transformation | DisrupTV Ep. 262
In DisrupTV Episode 262, hosts R “Ray” Wang and Vala Afshar engage with three thought leaders to discuss the changing dynamics of operations, innovation, and digital transformation:
Video
This blog is based on a new Constellation Research report Preparing for the New Age of Cloud Security, Dec 7, 2021, by Liz Miller and me,
Analyst Blog
On CRTV Episode 24, Constellation analysts Liz Miller and Holger Mueller close out the year with news updates & interviews with Steve Forcum of Avaya and Sridhar Vembu of Zoho.
Video
Monday's Musings: Prepping for Digital Transformation In ERP rwang0 Mon, 01/03/2022 - 00:00
Market Forces And Modernization Drive Digital Transformation Initiatives In ERP
Enterprises must navigate the constant demand for change and the growing pressures for transformation. Existing ERP systems designed for the last century meet post-pandemic requirements built on agility and decentralization. A perfect storm emerges for ERP modernization. Consequently, digital transformation and modernization of existing ERPs provide leaders with opportunities to:
Unlock opportunities for growth and differentiation. The pandemic has show how digital channels must connect with digital business models and new monetization methods. Digital transformation also enables differentiated service offerings and improved value exchange with stakeholders.
Optimize operations. Connected services and supply chains can be optimized with analytics, automation, and AI. Every business process will be evaluated to determine how to fully automate, augment the machine with a human, augment the human with a machine, and introduce a human touch. Process optimization meets reduced errors and greater efficiency.
Mitigate risk. New approaches to digital transformation allow the creation of business graphs. Decisions made over time evolve into a knowledge graph which helps identity, mitigate, and prevent risks to the organization.
Drive sustainability. New approaches will improve the measuring and management of sustainability reporting. The capturing of this information over time will provide the foundation for end to end monitoring of ESGs.
Design With The End In Mind
Success will require a technology strategy that anticipates needs in the future and understands why every design must be built for continuous change and adaptation. ERP systems must support a future of analytics, automation, and AI. If anything, the Great Refactoring impacts the future of ERP. Design criteria must include attributes such as resiliency, continuous integration footprints, and cloud based analytics in real-time. Leaders should consider:
Work backwards. Define the future state and how the organization will achieve these goals. Digital transformation requires form following function. Hence, requirements must be defined. Outcomes must be specified. Once the design has been established, modernization plans can begin.
Take a technology platform approach. ERP modernization must be driven by a multi-sided platform approach. Future network models support a wide range of interactions among stakeholders such as customers, partners, suppliers, and employees. These platforms must be automated and support greater resiliency.
Address new security realities. How data is acquired, stored, updated, managed, and removed must be considered from both a privacy and a security perspective. Data encryption and security models must be designed with the highest level of safety.
The Bottom Line: Get Ready For The Great Refactoring
Massive changes in purchasing behavior, supply chain disruptions, inflation, new regulatory onslaught, and shifting work-life priorities all create a backdrop for a great refactoring ahead. These pressures will test existing legacy systems and create business and technology opportunities for upgrades. The move to the right ERP platform will mitigate future risk and create growth opportunities for leaders who proactively design, build, manage, and operate a path forward for Digital Transformation and ERP modernization.
Your POV
Are you ready to modernize your ERP? Do you have a digital transformation agenda that needs to address the Great Refactoring?
Add your comments to the blog or reach me via email: R (at) ConstellationR (dot) com or R (at) SoftwareInsider (dot) org. Please let us know if you need help with your strategy efforts. Here’s how we can assist:
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Analyst Blog
Leading with Purpose: Sustainability & Business Innovation | DisrupTV Ep. 261
In DisrupTV Episode 261, hosts R “Ray” Wang and Vala Afshar sit down with three trailblazers who fuse purpose and sustainability with strategic leadership:
Video
Premium Research
At a Glance
Ultimately, this month's substantial Amazon outage will be seen as a watershed event in the evolution of the cloud. The outage itself was just the right kind -- due to its length, breadth, and visibility -- that will ensure it that will have substantial, long term ramifications for how businesses rely on a single cloud provider going forward.
Analyst Blog
Customer experience is a funny thing. Organizations can dream up any number of amazing, captivating, creative and “delightful” moments in time. We can map and track how these moments are delivered through an increasingly expansive network of digital and traditional engagement channels. We can orchestrate how a series of moments can string together into robust journeys across which our customers can turn and weave at their own speed. We can dream and do a LOT of things. We just can’t “control” or “manage” a customer’s experience.
Analyst Blog
AWS always used to come across as a landing place to attract the digital innovators to experiment, innovate and then productionize. They always had a good story at re:Invent attracting the bleeding edge innovators. This time I felt they missed that beat a little. Overall, it came across as less innovative and more incremental to what they already have. No earth-shattering new initiatives that blew me away. It could be because they wanted to play it safe with the change at the helm. What do you think? Let me know in the comments below.
Analyst Blog
Innovation, Ethics & Future-Ready Strategy | DisrupTV Ep. 260
In DisrupTV Episode 260, hosts R “Ray” Wang and Vala Afshar convene a powerhouse panel to explore themes of innovation, adaptability, ethics, and strategy:
Video
Achieve Reliable Observability: Bolster Cloud-Native Observability
Modified and updated from an originally published article in DevOps.com on March 30, 2021
Analyst Blog
It has been quiet on the global payroll front in general – the biggest news of the year has been incremental addition of countries by practically all major global HCM vendors (see here for the Market Overview).
The faster path – basically not playing the country-by-country monopoly game – is an acquisition - and that is what Ceridian just has done, with the acquisition of ADAM HCM. Let’s dissect the press release in my custom style, it can be found here.
Analyst Blog
I was fortunate enough to be invited to attend and speak at the Refresh 2021 conference in Las Vegas earlier this month. This blog is my review of the the conference Refresh 2021.
Analyst Blog
Future of Work, Cybersecurity & Digital Leadership | DisrupTV Ep. 259
In DisrupTV Episode 259, hosts R “Ray” Wang and Vala Afshar are joined by three visionary leaders to explore the convergence of leadership, future of work, and digital safety:
Video
Over $8.5 Billion Invested In 241 Quantum Startups
A recent analysis by Constellation Research found 241 companies in the Quantum Computing space in seven categories driving $8.512 billion in investment to date. A review of funding announcements, deals in pipe, and conversations with investors, demonstrated a tremendous appetite to fund all categories of the quantum ecosystem.
Analyst Blog