What does it mean for a company to be coined, "future-ready?" According to a report from International Data Corporation, a market research firm, having a revolutionary approach to digital business is just one aspect.
Why be future-ready?
IT teams have become incredibly important to the modern business due to the increased reliance placed upon technology. If your organization isn't thinking ahead about how the next big technological development could impact the company, it could be seen as a corporation stuck in the present. IDC reported that this phenomenon is just the same as being stuck in the past.
Future-ready enterprises are defined by their approach in adopting innovative cloud platforms, like the SAP HANA database. Technology like SAP HANA also allows these businesses to take advantage of big data analytics, which, in turn, carry extensive weight when it comes to decision making.
The result of being so willing to roll out new technology? According to the report, increased customer satisfaction, higher revenue from new products and improved employee productivity, just to name a few.
Just 18 percent of IDC's sample size were evaluated as future-ready companies, though more are on the horizon. A Gartner study reported that cloud computing, which plays a key role in IDC's assessment, is poised to take on the bulk of corporate IT spending throughout 2016 and 2017.
Businesses still using legacy database infrastructure with no plans to adopt cloud-driven databases like SAP HANA have vastly lower KPI metrics than their future-ready counterparts. In an era where hyper-growth defines a large number of highly-publicized enterprises, this sort of flexibility is something that can't be found on legacy infrastructure. Its agility provides decision makers with real-time analysis that allows for powerful and intuitive responses on the fly.
Future-ready companies have higher KPI metrics than current-ready businesses.Tackle database migration
Greater reliance is being placed on databases that can conform to companies' needs. SAP HANA regularly rolls out new modules that can be used within its current model and provides access to superior analytics and cloud-based services. The same can't be said for older versions of SAP, or other databases entirely.
Forrester Research coined SAP HANA as every company's, "silver-bullet response," to any problem they have. SAP infrastructure indeed provides unparalleled scalability, which makes it extremely attractive to businesses of all sizes.
SAP HANA allows companies to handle the future in the present, as opposed to what the IDC study dubbed "current-ready" companies, which need time to handle any changes to their infrastructures. While migrating databases itself may be one of the largest challenges an organization can face, Technologent has SAP experts ready to help your business do just that. No infrastructure environment is too big or complex for a company devoted to ensuring your business migrates safely to SAP HANA without any unexpected downtime or setbacks.
There's only one question left to ask yourself. Is your business future-ready?
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