Developing technology strategy to support today's dynamic business environment

Developing technology strategy for an enterprise become more and more complex. Today’s dynamic nature of the business, rapid change of technology, frequently evolving new technology solution making strategy development an on-going effort. Enterprises are monitoring and revisiting strategy and technology road map periodically and modifying accordingly. Even strategy development for next couple of years is a big challenge for enterprises. Architecture thinking and decisions are playing a pivotal role. As always business drivers are the fundamental driving force behind all Architectural Principles, Policies, and Decisions. Innovative thinking is essential for all architecture decision, well thought-out principal and policy can help the enterprise to protect their IT investment. Architect needs to take a holistic look while validating the motivation and implication of all decisions.

If we take a simplistic approach in developing strategy for today’s environment, we will find Market trend, Global Technology Outlook, Customer centric design, and innovative ideas – use cases are major influence factors when we establish a business vision. Similarly we see business needs to consider business innovation, new product, new business model, and business processes to augment current or adapt a new business line. Following self-explanatory picture depicts a strategy development approach in today’s environment.

Infrastructure architecture is the paramount issue for all business leaders to accommodate disruptive technology such as Mobile, Cloud, Internet, and Analytics.  These technologies need robust infrastructure and well thought out underpinning hardware, software, and right technology solution. Digital business imperatives are pushing enterprises to modernize their infrastructure and new architecture for applications. New generation mobile application, Internet of things (IoT), network-speed computing, and high performance enterprise will require maximum efficiency, agility, and speed.  Innovation across the entire stack can only help to capture the business growth opportunities created by the new technologies. Therefore business will be transformed by these system improvements, like transition from reactive to predictive analytics, from static to streaming data, from real to virtual prototypes, from batch to interactive computing. Aggregation of compute intensive, application-specific appliances and storage sub-systems, optimized network, along with middleware and system software will provide compelling differentiation in the new paradigm. 

Anticipating those changes strategy development process need to go beyond traditional development process. Enterprise can be in advantage position by utilizing wealth of information, capturing opportunities created by moving from fragmented global footprints towards true global integration. Enterprises need to think, how they should adapt to the expectations of its new clients and the ever faster pace of change that it brings? 

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