The cloud is not a passing trend, it is no longer just about storage and content access. The cloud is helping companies to transform how they do business in the digital world.
According to Forbes Insight, 95% of organizations agree that strong information management is critical for business success. No surprise there. As the amount of information flowing through enterprises explodes and knowledge workers become increasingly dispersed, efficiently and effectively getting them the quality information they need to be productive has never been more critical. In fact, over the next decade, most established businesses will sink or swim based on how well they address this core concept.
Of course, we’ve all heard hundreds (thousands?) of times that the cloud needs to play a critical role in achieving this. Not to sound like a broken record, but it does. It has to. The physical, on-premises requirements to keep up will soon be out of control and unmanageable. The statement above about sinking or swimming can just as easily be applied to adopting cloud-based technology.
Just like every organization is different, there is no single reason why companies are moving some, or all, of their ECM infrastructure to the cloud. Top of mind reasons include; business agility, better access to information, quicker time to deployment, and cost reduction:
According to IDG’s 2015 Enterprise Cloud Computing Survey, “48% of enterprises are moving to the cloud to replace on premise, legacy technology today. 46% are adopting cloud applications and platforms due to their speed of deployment, and 43% are focusing on lower total cost of ownership (TCO). 50% of mid-market organizations are adopting the cloud to gain business continuity.”
Regardless of the reason, what’s supremely encouraging is that decision makers are steadily becoming more conscious of what the cloud entails and the benefits of incorporating it. Long gone are the days of alternating swings between visions of fluffy, white cotton balls with content lazily living out its days, and dark storm shadows rife with issues related to security, compliance, support, configuration, and cultural upheaval. The cloud has become a stable, trusted thing; it’s defined, distinct, and the benefits are tangible.
Take security, for example. One of the main hurdles to cloud adoption for a long time, there is a shift underway as enterprises become more comfortable with cloud security protocols and begin to realize that the security provided in the cloud is sometimes better then what they have behind their own firewall.
Cost is another of the hurdles. The cloud now has enough of a track record that enterprises can confidently trust the more predictable maintenance costs and know that the barriers to getting started are almost always much lower.
So, yes, people are comfortable with this cloud concept. It works. Organizations are beginning to think they should do something big with it. And that’s the important next step. The cloud should not be about taking what is already in place and simply pushing it to a new medium, it should be about using the opportunity to assess your current business processes and information workflows and envision what they would look like in a perfect world.
Are they still relevant? Are they giving your people and processes what they need to be successful tomorrow? Do they match your customers needs? Your partners? Your supply chains? This is a golden opportunity, the possibility for a step-change that’s never really presented itself to organizations before. Think about how you can fine tune, make better, make more agile, and enable a successful next decade.
ECM in the cloud is not a one size fits all, nor is it software alone. Whatever is best for your organization can more than likely be realized through the cloud. There are cloud models for public, private, or hybrid deployments that allow your organization varying degrees of protection, management, and cost. There are also cloud service options which can be utilized to ensure transitioning ECM in the cloud is accurate, easy, and trusted. Also, there is a range of services to support an organization’s business, including network operations, cloud engineering, customer support services and client enablement.
Is your organization ready to put ECM in the cloud? I’m pretty comfortable in saying, yes. But it’s time to explore for yourself. Take the first steps by learning about the unique OpenText approach to cloud offerings and services.