Information technology (IT) innovation in an enterprise involves using technology in new ways to create a more efficient organization and improve alignment between technology initiatives and business goals.
Typical Customer Challenges during IT application life cycle while working on Innovations are:
- Reduce cost of operations
- Standardize and align business processes to heighten flexibility
- Upgrade & consolidation in one step (eg. move to EhP, HANA, S/4HANA)
- Mirror organizational restructuring scenarios to a system landscape (eg. Carve outs, M&A)
- Unify financial and controlling processes
- Compliancy with standard regulations (SOAX, GAAP, IFRS, GST, VAT)
Each stage has its own challenges, and on top of that, the key objective is to “increase the Business & IT Value, and decrease in the total cost of IT”. We have to understand this challenge, and focus on achieving the key object of optimising the Business and IT Value.
In order to meet these challenges and reach the key objective, the customer has to ensure the transformation and innovation platform helps the organisation to adopt, and consume the latest trends, such as digital transformation, cloud, and big data, at a greater speed. A successful IT enabled transformation program requires a thoughtful and structured plan, design and implementation of To-Be Applications Architecture that meets the business objectives. It assures high performance, efficient IT operation and flexibility to promptly adapt to market changes. Thus, this enables successful optimisation of the IT Value for your business growth.