I was helping out with a client discussion last week and we were discussing the changing business world that organizations need to operate within. They were focused mainly on situation analysis and understanding the extent and impact of disasters on the organization. One of the things that was clear: with all the rapid changes and increased information (in real time) that we didn’t have access to before – we’re living in a world of chaos. It is the norm, not the exception. The same techniques that can be applied to a disaster should be applied to take latency out of decisions. The disaster is just a bigger version of what’s happening every day.
It doesn’t take big transformational events like an earthquake or a tornado to shift how organizations need to respond. We need continuous insight, information and action to be agile, instant-on enterprises.
I started off my discussion with a few into Megatrends, those industry independent trends forcing organizations to change, and then delved more deeply into the abundance of capabilities available. Then we walked through some examples of the analysis organizations can do today, to determine what is important to them going forward.
The types of decisions and information required are different for every organization and the level of tolerance for change varies as well. What is conistant? We all have more information than ever and yet relatively the same decision making capabilities in our brains. Getting the information in a form that can be understood and responded to in a timely fashion will be key to organizations taking action and getting value from their expenditures in cloud, analytics and the variety of new capabilities available to us.
"The move to cloud-based solutions represents a significant opportunity for organizations to begin their journeys to becoming Instant-On Enterprises that embed technology in everything they do to serve customers, employees, partners and citizens with whatever they need, instantly. "
HP will announce an expanded Hybrid Delivery cloud portfolio at HP DISCOVER later today.
As a follow on to yesterday’s post, I thought a video about the Application Modernization workshop may be in order:
This video provides a bit of background about the process the type of interaction that will take place – how it helps organizations develop their transformation goals for their transformation journey.
The video starts with Kim Stevenson of Intel talking about what’s driving this need – Kim was a judge with me on the NTX FIRST Robotics competition a couple of weeks back.
There has been a bit of press over the last week about HP moving more into the applications space. Actually they got into that in a bigger way than most of the analysts understood with the purchase of EDS. The EDS team had unique industry focused applications as its foundation since the 60s, but lost their way a bit during the last decade. That may be why it’s not gotten the coverage it should have received.
Another area becoming visible is the application transformation efforts. The announcements on April 12th, follow other announcements earlier in the month related to unifying information management services. All of which provide options for a more agile and effective application portfolio – a more Instant-On Enterprise. The big trends that are forcing organizations to rethink their business, also force a reassessment of the applications portfolio, beyond the cost cutting activities during the start of the recent economic downturn. No one wants their business strategies derailed by IT.
I am happy to see the reemphasis on modernization, transformation and business value, since without that we’re just battling it out for customer mindshare at a commodity level.
My family and I are in the process of moving to a new house so this IT BusinessEdge slideshow titled: From Clutter to Control -- Time to Spring Clean the Applications Portfolio rang true for me at multiple levels.
Consumer use of prepaid cards is evolving beyond gift cards:
- Parents are now loading money onto college students’ cards because students are avoiding credit cards or can’t get approved for credit (my kids seem to get a credit card application a day still though)
- Cards are being used for sending money to families in other countries
- Prepaid cards are used in lieu of transit cards
- They are being used for a variety of rewards programs like: employee recognition programs; product rebates; airline vouchers; completing on-line surveys
HP recently moved more strongly into pre-paid card services. By enabling funds to become immediately available to consumers, these capabilities help financial institutions and businesses across a variety of industries and governments by providing a more secure transaction environment for the customers. Pre-paid cards have other benefits for consumers as well.
This is part of HP’s Instant-On Enterprise strategy, by enabling instant access to funds. Banks and business need to evolve during this time of belt tightening in order to be profitable, which includes offering new services in order to meet consumer demands. This new service not only helps banking clients meet consumer needs, but also helps them become more agile, providing the tools and information needed to anticipate and fulfill customers’ needs.
Prepaid cards are becoming an increasingly popular method of payment allowing customers to easily manage their money and avoid debt, while keeping a handle on their financial future.