Hello, Roman here! 👋 Issue 3.3 on Cloud Advisory is out to my subscribers. In this issue:
- ✨ Supporting an organisation to foster innovation? Learn from
Amazon Web Services (AWS)
's approach to innovate where customers are put at the centre of innovation efforts.
- ✨ Unlocking value from data, unlimited scaling and meeting compliance/security requirements are to be on the 2023/24 roadmap of every Financial Services organisation.
- ✨ Keep in mind the key building blocks for your cloud program be successful as articulated in the in-depth report from
EY
, along with my commentary.
- ✨ Great to see that
SAP
sets itself the vision to transition their ERP system to a modular set of building blocks. Considering SAP's S/4HANA is the most monolithic ERP system, it is refreshing and intriguing to see how this vision will turn into strategy.
- ✨ There are simple ways to reduce the cost of containers running on
Google Cloud
. Prioritising them will lead to addressing the biggest cost reduction opportunities before tweaking anything else.
- If you are supporting an organisation to foster innovation, you would consider their culture, values, business model and current ways of working. Learn from AWS's approach is to put customers at the centre of innovation efforts to keep everyone focused, facilitate prioritisation and guide through iterations. AWS defined four ways to make customer obsession a cornerstone of the innovation strategy: 1) Work backwards from customers, 2) Make high-velocity decisions, 3) Encourage bold inventions and experimentation, and 4) Maintain a Day 1 mentality.
- These are the most impactful opportunities for Financial Services organisations to drive innovation through the cloud: 1) Unlock value from data, 2) Unlimited scaling to support both organic and inorganic growth, 3) Meeting compliance and security regulatory requirements.
- I came across this in-depth point of view on key building blocks of a successful cloud program. Cannot agree more that aligning business strategy with technology strategy is imperative to get the cloud program on the right foot! Also a technology-enabled program without addressing organisational change management and target operating model will most likely struggle to be successful. One thing I disagreed with the authors is that multicloud reduces vendor lock-in - it is probably relevant when an organisation simply moves infrastructure from a data centre to the cloud, however once cloud-native technologies are leveraged, vendor lock-in is unavoidable, and cannot be reduced by going to multiple clouds. If at all, vendor lock-in will be increased in the long run.
Timothy Rehac
,
Ian Grobel
,
Aaron Bresinger
,
Jeff Faulk
.
- It is refreshing to see that SAP recognises the need for a modular enterprise approach, and take tangible steps to bring this to life through their own New Ventures and Technologies business unit. The current SAP ERP system S/4HANA is probably the most complex monolithic application in the world. Recomposing business processes implemented in S/4HANA to meet new market demand requires a couple of dozen of consultants and developers, and a few months timeline (along with associated budget). Transitioning any ERP system to a Lego-like modular building block is a winning strategy, and will certainly drive the revenue pipeline for ERP vendors.
Martin Heinig
- If you have your containerised applications running on Google Cloud, then you will find useful to learn simple ways to cut the GKE service cost and reduce your carbon footprint: 1) vCPU rightsizing, 2) Turning off idle clusters, 3) Establishing a rightsizing routine, and 4) Moving on to GKE Autopilot. As a cloud consultant, you should always keep those cost reduction opportunities under your belt. These methods are very simple yet can significantly reduce cost of containers running on GCP.
Roman Arcea
,
Gari Singh
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Have a great week building on the cloud! See you this week for other cloud topics — Roman