SYS-CON MEDIA Authors: Liz McMillan, Zakia Bouachraoui, Elizabeth White, Pat Romanski, Yeshim Deniz

Related Topics: @CloudExpo, Artificial Intelligence, @DXWorldExpo, @ThingsExpo, @DevOpsSummit

@CloudExpo: Blog Post

Three Highlights from @CloudEXPO NY | #Cloud #CIO #DevOps #Blockchain #DataCenter #ArtificialIntelligence

"Digital Transformation" has become an umbrella buzzword, but real challenges are beneath the hype

Read the Original Blog Post Here

Several leaders from Synchrony Systems attended CloudExpo / DXWorldExpo New York on November 12-13, 2018. The two days were packed with 20+ keynotes, 200+ breakout sessions, and 150+ exhibitors sharing the latest in the world of Cloud Computing, DevOps, FinTech, Digital Transformation, and more.

A stat we found sobering but not surprising is that 88% of Fortune 500 companies from a generation ago are now out of business. While there are many factors that can contribute to the fall of a company, we believe an important one is an inability to evolve the business. Companies can be held back by dated business models, irrelevant products or services, and/or aging technology. The world is changing at rates never seen before; to survive, companies must continuously adapt.

While we walked away with many new insights, we would like to share three highlights from sessions at DXWorld that resonated with us.

1) "Digital Transformation" has become an umbrella buzzword, but real challenges are beneath the hype.

The term "digital transformation" (DX) is being used by everyone for just about any company initiative that involves technology, the web, ecommerce, software, or even customer experience. While the term has certainly turned into a buzzword with a lot of hype, the transition to a more connected, digital world is real and comes with real challenges.

In his opening keynote, Four Essentials To Become DX Hero Status Now, Jonathan Hoppe, Co-Founder and CTO of Total Uptime Technologies, shared that beyond the hype, digital transformation initiatives are infusing IT budgets with critical investment for technology. This is shifting the IT organization from a cost center/center of efficiency to one that is strategic for revenue growth. CIOs are working with the new reality of cloud, mobile-first, and digital initiatives across all areas of their businesses. What's more, top IT talent wants to work on DX initiatives, or will look for opportunities elsewhere.

KeyNote-DigitalLeader-Crop.jpg

Besides the business promises of DX and the pressure from IT talent, technical debt is a major challenge for many CIOs. In-house legacy applications built on antiquated programming languages and platforms can hold the business back from being digitally enabled.

Jonathan said the key to success for DX transformation is to start small. Rather than tackle a large transformational initiative with many potential fail points, he suggested picking ones that have less risk and can give the team early wins to build momentum.

We couldn't agree more. We often advise IT leaders to investigate modernization solutions that can migrate the application to the desired platform/language with 100% equivalency, rather than re-writing a business-critical application from scratch. This path saves not only money, but critical time in our new, fast-paced digital world.

2) Cognitive enterprises are on the horizon, and they require a whole new tech architecture.

IBM Fellow, CTO, and cloud expert Shankar Kalyana gave a compelling presentation on The Path to Hybrid Digital Transformation. He talked about the essential attributes to enable business growth and innovation on the cloud, why existing data sources are so critical to success, and how DevOps and Containers can deliver new services based on cognitive, machine learning, and IoT. He believes that the rise in cloud-enabled exponential technologies is teeing up another era of business architecture change.

IBM Cognitive.jpg

To realize the cognitive enterprise, which is the enterprise of the future, he said, businesses must embrace the following key characteristics:

  • AI-infused, cloud-enabled business platforms

  • Automation, self-healing by design

  • Experience-centered design

  • Fit-for-mission skills

  • Product management philosophy

  • Agile DevOps, test-driven experimentation culture

  • Hybrid, multi-cloud operating model and architecture

  • Multi-speed, multi-modal flexibility

  • Everything as a service

  • Glo-Cal reach

  • Containers as a critical technical strategy

  • Agile architecture

However, today's reality is that a majority of the data (80%) still lives in the enterprise, not in the cloud. What's more, all CTOs and CIOs deal with legacy systems and technology. The goal is to embrace future technologies while pulling legacy forward, to work together beautifully from an end-consumer/customer experience point. This requires a holistic approach to transformation.

IMB Digital Transformation.jpg

We also see our clients balancing the three objectives shown above: optimizing IT, adding cloud service to existing applications, and building new applications on cloud-native platforms. Our job at Synchrony is to help our clients move in the direction of modern architecture while mitigating risk to business operations.

3) We can learn a lot about business transformation from Amazon

Many different speakers used Amazon as a case study by. Perhaps the most comprehensive session was Digital Transformation and Disruption, Amazon Style - What You Can Learn by Chris Kocher, Co-Founder and Managing Director of Grey Heron venture consulting. He offered interesting insight into the new markets and industries that Amazon is disrupting, many of which thought they were safe but now are in danger of being "Amazoned."

His session examined how Amazon creates new value with vertical and horizontal integration, Value Creation of new categories, Value Migration into adjacent categories and markets, and why they excel with their Value Delivery System.

AmazonValue-Cropped.jpg

He also gave examples of how Amazon "zigs when others zag." They launched a 70-page printed toy catalog for the 2018 holidays, for example, which is reminiscent of the Sears and Toys "R" Us catalogs popular in years past.

He also shared some critical success factors in digital transformation, in the light of the Amazon case study. They are:

  • Align with customer value - not your technology or internal systems

  • Focus on business outcomes - rethink how you deliver value

  • Leverage the right ecosystems - partner, partner, partner

  • See business model innovation - not just product

  • Define your monetization strategy - not just technology vision

  • Bust internal, functional silos - build customer-focused organizations

Now the Hard Part: Knowledge into Practice

Like many attendees, we walked away with lots to think about for our own business, as well as how we can continue to help our clients along their technology modernization journeys. What did you walk away with? Tweet us @SynchronySys.

Thanks to @CloudExpo and @DXWorldExpo for a great event.

At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes.

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

Silicon Valley Faculty ▸ Here

Silicon Valley Schedule ▸ Here

CloudEXPO Has Been the M&A Capital For Cloud Companies

CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City.

Our Silicon Valley 2019 schedule will showcase 200 keynotes, sessions, general sessions, power panels, and hands on tutorials presented by 150 rockstar speakers in 10 hottest conference tracks of 2019:

» CloudEXPO Enterprise Cloud
» DevOpsSUMMIT Enterprise DevOps
» FinTechEXPO Enterprise Blockchain
» DXWorldEXPO - Digital Transformation
» AI | ML | DL | Artificial Intelligence
» Serverless | Cloud-Native | Monitoring
» Big Data | Analytics
» IoT | IIoT | Smart Cities
» Mobility | Security
» Enterprise Cloud Hot Topics

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

CloudEXPO Silicon Valley 2019 Show Prospectus ▸ HERE

Prospectus At-a-Glance ▸ HERE
Attendee Profile ▸ HERE
Keynote Opportunities ▸ HERE
General Session Opportunities ▸ HERE
Diamond Sponsorship Opportunity ▸ HERE
Platinum Sponsorship Opportunity ▸ HERE
Gold and Silver Sponsorship Opportunities ▸ HERE
Bronze Sponsorship and Exhibitor Packages ▸ HERE
Benefits of Exhibiting at CloudEXPO 2019 ▸ HERE

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

CloudEXPO is the single event where technology buyers and vendors meet to experience and discus cloud computing and all that it entails. For more than a decade, sponsors and exhibitors of CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities through our following unique tools. For more information on sponsorship, exhibit, and keynote opportunities call us at 954 242-0444 or contact us ▸ Here

  • Featured on-site presentation and ongoing on-demand webcast exposure to a captive audience of industry decision-makers
  • Showcase exhibition during our new extended dedicated expo hours
  • Breakout Session Priority scheduling for Sponsors that have been guaranteed a 40-minute technical session
  • Online advertising on 4,5 million article pages in SYS-CON's leading i-Technology Publications
  • Capitalize on our Comprehensive Marketing efforts leading up to the show with print mailings, e-newsletters and extensive online media coverage
  • Unprecedented PR Coverage: Unmatched editorial coverage on Cloud Computing Journal
  • Tweetup to over 184,000 plus Twitter followers
  • Press releases sent on major wire services to over 500 industry analysts

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

FinTech Is Now Part of CloudEXPO Silicon Valley 2019 Program

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses. Accordingly, attendees at the upcoming 23rd CloudEXPO, June 24-26, 2019 at Santa Clara Convention Center in Santa Clara, CA will find fresh new content in full new FinTech & Enterprise Blockchain track.

DevOpsSUMMIT, Cloud-Native, and Serverless Computing Tracks at CloudEXPO Silicon Valley 2019

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

Cloud-Native thinking and Serverless Computing are now the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, as well as the public sector.

The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.

DevOpsSUMMIT at CloudEXPO expands the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike.

Register Today and SAVE ▸ Here

Speaking Opportunities ▸ Here

Sponsorship & Exhibit Opportunities ▸ Here

Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation. DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy.

DXWorldEXPO® has organized these issues along 10 tracks, 22 keynotes and general sessions, and a faculty of 222 of the world's top speakers.

DXWorldEXPO® has three major themes on its conference agenda:

Technology - The Revolution Continues
Economy - The 21st Century Emerges
Society - The Big Issues

Global 2000 companies have more than US$40 trillion in annual revenue - more than 50% of the world's entire GDP. The Global 2000 spends a total of US$2.4 trillion annually on enterprise IT. The average Global 2000 company has US$11 billion in annual revenue. The average Global 2000 company spends more than $600 million annually on enterprise IT. Governments throughout the world spend another US$500 billion on IT - much of it dedicated to new Smart City initiatives.

For the past 10 years CloudEXPO® helped drive the migration to modern enterprise IT infrastructures, built upon the foundation of cloud computing. Today's hybrid, multiple cloud IT infrastructures integrate Big Data, analytics, blockchain, the IoT, mobile devices, and the latest in cryptography and enterprise-grade security.

Digital Transformation is the key issue driving the global enterprise IT business. DX is most prominent among Global 2000 enterprises and government institutions.

About DXWorldEXPO LLC

DXWorldEXPO LLC is a Lighthouse Point, Florida-based trade show company and the creator of DXWorldEXPO - Digital Transformation Conference & Expo. The company produces and presents the world's most influential technology events including CloudEXPO, DevOpsSUMMIT, and FinTechEXPO.

More Stories By Liz McMillan

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

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