Building a New Enterprise IT Strategy With New Oracle Technology Solutions
By Dr Ganesh Natarajan, Vice Chairman & CEO, Zensar Technologies
Two decades ago, MIT published some path breaking research titled “The Corporation of the Nineties” where they argued that the role of IT solutions would move from one that supported the business strategy of the firm to a truly revolutionary role that would enable transformation of strategy and redefinition of business scope. Through the last two decades, the rapid evolution in the capabilities and role of Information Technology has exceeded all expectations and IT solutions have become a key determinant of new opportunities and redefined strategy on an ongoing basis.
A significant part of this transformation has been the enterprise solutions landscape, which has evolved rapidly. The rapid progress in the SMAC stack (Social, Mobility, Analytics& Cloud) and the pervasive influence of digital commerce in business to consumer as well as business to business environments has provided a revenue fillip to organizations and forced them to take a hard look at their methods of consuming IT.
As one of the leading providers of Oracle solutions in the Bay Area, we have seen large Enterprise Solutions deployments covering everything from applications, database and tools to integrated engineered hardware system solutions including security, operating systems and other operating components.
Some key benefits that we see accruing to companies who are adopting new solutions are:
- Availability of options across complete enterprise solutions landscape including applications, database and tools to encompass integrated engineered hardware system solutions including security, operating systems and other operating components.
- Ability to move from on-premise solutions (partly as a co-existence model or completely) with a range of solution options by addressing their concerns around scalability, availability and security.
- Mid-size enterprises are undoubtedly the fastest growing segment for enterprise solutions today. However the limitations in the way of their success are more around committing investments across the enterprise chain tools.
Some key challenges we find are:
- Budget constraints to upgrade and maintain enterprise business solutions across Finance, Supply chain, HCM, manufacturing, data analysis etc.,
- Inability to upgrade infrastructure and enterprise solutions frequently to leverage the new capabilities.
- Limited capabilities to track, measure and sustain key business metrics for decision support.
- Inability to automate all enterprise processes.
- Limited ability to deploy tools and resources for organizational compliance.
- Leading enterprise solution vendors such as Oracle have incorporated a robust approach and program in recent years to design, build and deploy scalable enterprise solutions for these mid-size clients, with defined scope and predictable performance metrics.
Security has been a principal concern as organizations today rapidly embrace cloud options. The enterprise solutions today have options to address overall security including user access, security information, events, network penetration etc. These options, in addition to providing the required security cover across the enterprise chain also help automatically update provisioning based on any changes and exits to enterprise users.
Engineered Solutions today come with a combination of Integrated Database hardware including In-memory analytics and appliances for storage and big data analysis. This has helped enterprise clients improve their analytics performance several fold. Big data as a value enabler has clearly come to stay. Data is the new capital that enterprise clients have to invest in strategically. Converting raw data from multiple sources into actionable insight. Leading enterprise vendors such as Oracle have built integrated solutions that simplify information access and discovery, integrating them securely with existing data, applications, infrastructure and processes. These integrated big data appliance tools enable streaming real time data from diverse transactional system and leverage the strengths of popular target systems such as Hadoop, Apache ready to be deployed across a private or public cloud or an on-premise infrastructure.
Today the expectations from consultants and implementation and re-engineering partners have evolved. Co-creation of solutions incorporating domain specific flavors across specific verticals notably manufacturing and retail and focus on adding business value by having the client define the business outcomes they would like to see supported by enterprise solutions and their implementation partners. Finally, enabling, integrating and exchanging information across the enterprise value chain and providing a big data management and cloud broking service to drive analysis and decisions that support client’s strategic intent and support operational plans is the key – whether it is the solution builder, the implementer or the company itself, these partnerships hold the key to success in future.
About The Author: Dr Ganesh Natarajan is Chairman of NASSCOM Foundation in India and Vice Chairman & CEO of Zensar Technologies, a global firm that specializes in Oracle solutions for the Manufacturing & Retail industries.