
Industry executives and experts share their predictions for 2019. Read them in this 11th annual VMblog.com series exclusive.
Contributed by Chris Livesey, SVP, CDMS, HC & CORBA, Micro Focus
Blind Jenga: Transitioning from Running to Transforming the Business
Companies
have been continually battered by the stormy seas of competition, regulation,
relevance and reputation and inevitably that will accelerate further in 2019.
However, their ability to weather those storms is about to go supersonic. The
world's biggest companies that run the world's most important social
infrastructures in banking, insurance, healthcare, transportation, logistics,
retail, etc. - will finally realise that the cloud is the new mainframe and
that the value of many decades' investments that have appeared locked away and
lost on these so-called "old" platforms, can actually emerge to be their
biggest ever competitive differentiator.
Replacing applications will no longer be the normal
procedure as there will be more benefits to those who instead choose to
modernize and extend their existing business applications to remain competitive
in their industry. With companies increasingly making the choice to move to the
cloud, they will find that there are fast and cost-effective options for leveraging
their old applications with new technology that comes with less risk than
starting over. By optimizing existing resources and building upon the
previously implemented technological investments, organizations will have the
ability to move quickly and diminish risks while sustaining innovation. Eager
decision makers will learn that moving mainframes to the cloud comes with its
issues and complexities, but there are companies that will be there to assist
organizations with a seamless integration that has the possibility to
ultimately affect their overall value in a positive way.
Their
unique business processes and knowledge, combined with unbounded volumes of
customer data and insight are now able to be transformed without the cost, risk
or delay of trying to start over. COBOL to cloud - you got it. Mainframe to
mobile - you got it. These businesses are already waking up to how they can
solve "new" competitive problems by exploiting "old" investments in
applications and data through applying technology to realise new use cases for
those applications and data which are independent of their technology heritage.
There's no blueprint for innovation any more - no accepted standard on how you
compete - and in 2019 the world's biggest companies will re-emerge as leaders
through re-imagining their core strengths in new ways to solve those waves of
disruption.
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About the Author
Chris Livesey is the General
Manager of the Application Modernization and Connectivity Product Group, which
provides products enabling enterprise companies to adapt to the new digital
economy. In addition to the world's leading distributed COBOL products, the
product portfolio enables customers to speed up development cycles, modernize
user experiences and secure user access - all underpinned by the freedom to
deploy applications and data across mainframe, distributed, mobile or cloud
platforms.