For most chief executives over the last two years, regular business disruption has become the norm. A new guide from IFS, titled ‘how to achieve value from an enterprise-wide technology change’, primes management consultants and transformation managers driving high value, low risk business transformations with C-suite stakeholders. In this third topic preview, Cathie Hall, SVP Product Experience for IFS, looks at the options open to organizations seeking to either catch up with competitors or to become the market disruptor themselves.
Whatever changes CEOs deem necessary to deliver a shift in market strategy, there’s no escaping one key ingredient required: fast access to innovation. Gone are the days of a five-to-seven-year IT refresh. Now, organizations need an operational flow that provides constant access to technology and innovation, which calls for a DevSecOps mindset of continual updating.
Innovation and business and usual
With wide functionality as standard, and powerful configuration options typically eliminating the need for customization, IFS Cloud software is evergreen out of the box: automatically continuously updated and cost-effectively upgraded. Why does this matter so much? Because an evergreen IT solution allows a business to pursue continuous innovation and improvement by taking regular release and service updates as part of ‘business-as-usual’.
Embedding innovation technology through software opens exciting new possibilities when it comes to maintaining value throughout the solution lifecycle. For example, IFS publishes a roadmap looking forward over the next 12 months, and a statement of direction that looks out over a three-year horizon. Customers are always fully aware of the new functionality available within the software updates, the business challenges they solve, and the new opportunities they present.
Embracing a DevSecOps mindset also empowers customers to control when new updates are taken and tested, and target how and where they are to be deployed, along with the ability to tailor software for particular use cases and sub-industry needs.
Amidst a constantly evolving landscape, advisors should make time to regularly review outcomes and the actual business value created, examining what has been delivered, what worked well and what could be enhanced. For more practical guidance when advising the board, download the guide now.
For practical guidance when advising the board, download the guide now: https://info.ifs.com/valuefromtechnologychange.html
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