This vendor-written piece has been edited by Executive Networks Media to eliminate product promotion, but readers should note it will likely favour the submitter's approach.
Delivery Excellence, Nicholas Wee, Chief Architect CrimsonLogic
In the ever changing business world, staying ahead of the pack is crucial in providing businesses an added advantage. This is especially true now, as companies are increasingly adopting a digital business model that is built on technology innovation. Gartner estimated that worldwide spending on enterprise application software would grow to more than $201 billion in 2019 from $150 billion in 2015, driven primarily by modernisation, functional expansion and digital transformation projects.
However, a "one-size-fits-all" approach does not exist when it comes to software implementation. Gartner predicted that by 2020, 75% of application purchases supporting digital business would be "build," not "buy" software applications, and that many organisations already favour a new kind of "build" that does not include out-of-the-box solutions. Instead, there is a combination of application components that are differentiated, innovative and not standard software or software with professional services (for customisation and integration requirements), or solutions that are increasingly sourced from start-ups, disrupters or specialised local providers.
A Marriage of Business and Technology
With increasing amount of applications running in the background, attending to different business functions across the organisation, it can be extremely complex to manage everything, all at once without running into a mishaps, such as clashing software or downtime due to error in a convoluted system. In order to govern this, companies should consider investing in software architecture to understand this intricate web of software applications.
Defined as the bridge between business and technology, software architecture identifies and resolves issues that would affect the implementation of new business applications by balancing various elements. This ensures that all pre-existing applications are working in unison with new additions in an optimal manner, ultimately reducing business risks. On top of this, software architecture also reduces the risks of application system implementation and simplifies it, providing a flexible structure to handle changes.
The Ever Evolving IT Environment
2016 will be a big year for adopting solutions built on hybrid cloud architectures, with 65% of Asia Pacific enterprises to commit for its implementation, and by 2017, 50% of enterprise IT organisations building hybrid clouds will purchase new or updated workload-centric cloud management solutions according to IDC.
However, if companies are not careful, investing in Hybrid IT could expose organisations to more operating risks. It is always important to have a well-designed software architecture strategy in place for companies to truly benefit from the adoption of hybrid IT as it also paves the way for applications such as "Software as a Service" (SaaS) and "Platform as a Service" (PaaS). Not only is this cost effective, easy to customise, flexible and scalable, it can also enrich the application mix enabling smoother processes, leading not only to more efficient workflow, but also increasing revenue in the long run.
Sign up for CIO Asia eNewsletters.