Businesses and customers alike can reap huge benefits from Cloud-Native
We are now in Cloud 3.0, which is all about experience, users, and customer service. The cloud-native app economy provides businesses and customers alike with enormous benefits.
By 2025, more than 95% of new digital initiatives will be built on cloud-native platforms, up from less than 40% in 2021, according to Gartner, an IT research company.
For many businesses, moving to the cloud has been a gradual process. Prototyping, testing, and sometimes experimentation have all been part of that progression, which we’ll refer to as migration. It has taken many years to complete.
We are now able to take advantage of the advantages and take advantage of the new opportunities that the service-based cloud model can offer us because so many aspects of the cloud have developed since their initial stages.
This is cloud-native, cloud-first, and native cloud-application first, in addition to cloud. This is the economy of cloud-native applications.
What should businesses be doing to get the most out of the way they compute now and how does the central technology proposition in this new area work?
An IT play was Cloud 1.0: It is important to keep in mind that the cloud has been around for some time, but cloud-as-a-platform is the one that is capable of meeting the IT department’s growing demand for high performance.
At the same time, the IT department wants to be able to rely on the cloud for its flexibility, scalability, security, and opportunity to gain global reach from the massively connected data center systems that make up the world’s cloud backbone.
Unlocking Cloud Computing
Unlocking the true value of cloud computing at the application level is at the heart of the more recent concept of the cloud, or cloud-native.
By their very nature, cloud-native applications are composable, which means that they can be built from a variety of best-of-breed components to combine services and functions in the most effective way, at the most appropriate time, and at the most appropriate delivery point, depending on the application’s intended use case.
Cloud-native applications are able to be changed quickly and on a massive scale when necessary due to their modular and changeable nature.
To illustrate this, if we consider the disruptive effects of the pandemic, taxi companies have reinvented themselves as restaurant delivery services, pharmacies have upped their game to suddenly offer community support services, drinks manufacturers with bottling plants have rapidly altered their business models to offer the production of hand sanitizer, and so on.
Companies with cloud-native application backbones are the real drivers of these innovations. These are the companies that were able to truly demonstrate cloud-native flexibility.
Customers’ use of the cloud: If IT was the focus of cloud era 1.0, then cloud 2.0 marked the beginning of the hybrid-cloud, multi-cloud mix that has become the norm.
All of this laid the groundwork for cloud 3.0, which is all about user experience, customer service, and experience.
The cloud is currently used to provide application services to customers on one level. However, at the same time, employees have come to rightfully expect the same level of cloud-native app economy services at work.
It is a fact that forward-thinking organizations ought to be aware of and a natural extension of the situation.
Cloud for front, middle, and back office: When looking at experience, we need to think about the front office—the people who buy from the company—the middle office—the organization itself—and the back office—the IT department—all of which need to work together to give everyone the same level of transparency.
Services that come from the cloud-native application economy need to be able to scale to meet the needs of the market without users—whether inside or outside the organization—noticing a decrease in performance.
Personalization power and the capacity to provide granular adjustments for each user in an agile and adaptable manner are directly derived from these fundamentals.
Prior to the cloud’s personalization control, an organization simply could not, at the granular level that it does now, target the exact segment of the customer market that it wants to target.
IT’s transformation into a profit center: A new level of business ambition is emerging in the future. In the past, IT was often seen as a loss on the balance sheet and was reduced to a cost center.
Software and the business are now defining each other: the business defines the enterprise software stack that we build, deploy, manage, and maintain, and software defines the business.
This indicates that IT has advanced to the point where it can be turned into a profit center, or at least it can be if businesses embrace the power they have within the emerging cloud-native application economy.
We are now able to develop new go-to-market strategies that critically innovate in new ways with all of these ideas in mind.
We can keep the energy and create a more flexible future form of trade within the cloud-native application economy without compromising by considering the agility and adaptability that some businesses were able to champion and demonstrate throughout the pandemic.
But perhaps the most important thing is that we should take advantage of the chance for businesses to adopt cloud-native applications in order for them to better transform and pivot. That’s hard to do with traditional IT, but high-performance, low-code solutions make it possible at the speed that businesses need.