COVID-19 has been a massively disruptive force—it has caused businesses to close, forced people to work from home, accelerated the rate of technological adoption and pressed organisations to reinvent themselves overnight to remain sustainable and survive.
According to Morgan Stanley, we are entering into a new era where data is driving transformation—and this isn’t data generated in the cloud or a data centre. Billions of IoT (Internet of Things) devices are becoming connected and producing a staggering amount of data at the edge.
We’re living in an age of ever-expanding data. As the IT landscape continues to evolve, businesses are becoming increasingly data-driven, and as organisations grow and adapt to change, they will typically need to store more information.
COVID-19 has created massive uncertainty and amplified the need for businesses to advance their digital transformation efforts and innovate to survive. According to Deloitte, many organisations began innovating rapidly immediately after the World Health Organisation declared the global pandemic in 2020.
IDC predicts that the amount of data created over the next three years will surpass the data created over the past 30 years, and this trend is set to continue at an exponential rate. Data is a strategic business asset, and most business leaders realise the importance of having an agile, intelligent and resilient high-end storage infrastructure to protect and manage their data.
HPE GreenLake is a pay-per-use consumption-based model that delivers hardware, software, and expertise on-premises or in the cloud. Businesses pay for only what they use instead of investing in the infrastructure and skills to provide it themselves. HPE GreenLake enables businesses to combine the simplicity, flexibility and pay-per-use economics of the cloud with the security and control on-premises infrastructure offers.
Digital transformation and dynamic business models are fast becoming the key to success for many businesses. Data is an invaluable asset that underpins modern digital transformation strategies—data-driven insights can help organisations solve business challenges, make better decisions, and transform day-to-day operations, enabling them to grow their revenue and gain a competitive advantage.
There will always be market and technology disruptions impacting businesses across all sectors. An organisation’s ability to rapidly shift its business model through digital transformation to adapt to change can mean the difference between success and failure.
COVID-19 has highlighted the urgency for digital transformation. It has forced organisations to rethink their business strategies to confront the future and remain sustainable and competitive. Technology has enabled many businesses to continue in ways that would not have been possible several years ago—and companies that were further along their digital transformation paths have been able to innovate and adapt more quickly.
Many terms are used in the technology spheres and leading a team of technology and operational specialists where there is often a debate on the terms used in the industry. The technology “lingo” at times means different things to different organisations and people. (Sunny Desai | Executive Service & Solutions)