fb pixel

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

Message from CEO

Why cloud adoption has become essential to be a part of the API economy

“When it comes to cloud adoption, most companies shift the decision towards the future. Since many legacy products do well business-wise, a common line of thought is, “why should we do it now, it’s going quite well”. If you don’t make the decision now, it will have a profound effect on how your place in the IT world looks in five years from now. And if you don’t decide now, because it is a complex journey, it may be too late! So, don’t let the fact that business is doing well fool you to have time to make a decision for cloud adoption, because you actually don’t have that time,” says Steven ten Napel, CEO, CoMakeIT, while reflecting on the current need to participate in the API economy. Let’s read on to understand his views on why cloud adoption is integral and indispensable in today’s business environment.

Q: How do you envisage cloud adoption among non-IT companies in their journey to digital transformation?

A: Migration to the cloud is not just about moving data and applications to the cloud; it involves complexity of changing processes and has many business implications. It’s not as simple as just making a shift from on-premise to the cloud; it is a long journey that you undertake with your partner who is trusted and provides security.

If ISVs are moving their on-premise software to the cloud, that actually triggers a discussion on integrations. If you have your software in the cloud, it becomes much easier to integrate with others. Making your software product open is an extremely important part of moving to the cloud. In other words, the question is how do you architect your product that can be integrated?

Hence, openness is an essential part of the cloud economy and digital transformation. This brings us to what we call as API economy enabled by cloud adoption. Another way to describe it is the platform economy where the products become platforms that can be integrated.

What does this mean to IT companies? The API economy is not just forcing ISV products to be open, but also enabling the rise of low code development platforms. These are targeted for building easy, fast, new applications, and they are usually (or should be) by definition open, and cloud enabled. From this perspective, it helps to open up the world from the non-IT enterprises to get into the IT space.

So, what you see, as a result of these disruptions is that non-IT enterprises have started to build their own IP, and are becoming IP-driven companies. Their business models are changing as they are transforming their internal software into becoming a part of their business model, some are building completely from scratch a new platform. They also have a legacy that needs to be driven into their API platform, brought into the cloud.

This, in a nutshell, is the story of every company is a software company and their journey in digital transformation.

Q: What are some of the key challenges in selecting the right partner for cloud enablement; please identify at least three challenges and how they companies can overcome them.

A: There are many challenges, it is difficult to point out just a few. Let us look at three of them.

First, it is the speed of change. Today, the pace at which technology is changing is simply incredible. The IT revolution powered by Industry 4.0 poses a completely different complexity and challenge to the companies. The IT world is changing so much that it is impossible for the non-IT world to keep up with the technological capabilities. If you work with a partner for your cloud strategy, you need to understand how they keep themselves on top of the technological revolution. It is not just about having the knowledge and capabilities, it is how they continuously improve those, in order to serve you properly.

Second, it is a long journey that you embark on with your cloud partner. Many companies have legacy software, whether it is a commercial product that needs to be cloud-enabled or the operational product that needs to be transformed. Legacy could be a huge stumbling block for making the transition to cloud. You need to understand and appreciate that legacy transformation is always a journey. Since it’s a process, it takes time! So, if you are looking for a partner, you need to check their track record to build a long-term partnership with customers.

Third, you need to have a clear vision. The partner should be able to help you create that vision for the future and have the capabilities to do so. When you move to the cloud, you should identify your ‘core’; this may involve complex decision-making since your product needs to work with others. Just as technology turns open, the same is true for any organization. In a platform driven world, the businesses will also be open and cooperative with each other.

The ecosystem is the new business model and partner networks are the new organization. The companies will be more and more specialized; may be smaller, nimbler and niche.

Q: What has been coMakeIT’s experience in partnering ISVs to support migration to cloud and appreciating the benefits.

A: Actually, our customers should be answering this question! The mindset I see with the companies we work with and that are extremely successful in their cloud adoption, is that of changing from ‘project’ to ‘product’ to ‘platform’. Projects have a beginning and an end. Products have a life cycle, and platforms are products that are cloud enabled, and completely open. It needs a different mindset on how one looks at his IP. Be it an ISV, or a non-IT company. Those who are able to adopt that changing mindset, are most successful.

From a partner’s perspective this means, you step into a journey together, this defines the relationship. Sometimes you struggle, run into issues that are not so easy to solve. Cloud adoption is not easy, but with the right mindset, and partner approach, it can become a life saver instead of a bottleneck.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

When you are on the cloud, it rains data. From the days where applications generated data, we entered the phase where data produces applications. This phenomenon of rapid and huge data arriving out of an enterprise eco-system requires new methods of data handling. This paper elucidates cloud computing methodologies while developing and nurturing data warehouse platform, enabling to make use of the data, and transforming an enterprise into ‘Data Driven Decision Making’ enterprise.

Know More

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

Kiran Madhunapantula, co-founder and COO, coMakeIT, has been felicitated as one of the most promising business leaders of Asia Award 2020, organized by The Economic Times. The 5th edition of the Economic Times Asian Business Leaders Conclave 2020 was held on 15th December 2020. The virtual event was aimed at acknowledging business leaders who are going to play an important part in shaping the business demographics of not just Asia, but also the world in the immediate future.

Know More

News you can use

Three Steps for Application Modernization-driven Transformation

Digital transformation, the exciting opportunities and agility it provides businesses, is top of mind for most enterprises, accelerated by the events and impacts of 2020. It promise new revenues and markets for coffee shops, global corporations, distributed factories, research organizations, and public institutions alike.

What Do Digital Transformation Leaders Do Differently? 

CEO of Digital.ai, Leader in Value Stream Management, providing end-to-end visibility to deliver business value from digital transformation. Every company is a digital company in our digital economy. For years, companies across industries have embraced the idea of digital transformation, investing in new technologies and strategies to become more digital. Now the coronavirus pandemic has increased the urgency around accelerating these initiatives.

How to Secure Fintech Applications and Protect Customer Data

All industries are feeling the pain of preventing rising risks to their applications, private information and customers’ data, and it is not surprising that this is especially true in the financial services sector. In fact, fintech companies on average spent more than $18 million in 2019 battling cybercrime, while other markets’ companies spend an average of $13 million addressing cybersecurity concerns each year.

Hybrid Cloud Provides the Foundation for Edge Computing

Over the next 3 years, enterprises will spend an average of 30% of their IT budgets on edge cloud computing, according to a 2019 report by Analysys Mason. And with good reason. Edge computing takes place at or near the physical location of either the user or the source of the data. It follows, then, that placing computing services closer to these locations enables providers to offer faster, more reliable services to clients while also benefiting from the flexibility of hybrid cloud computing.

Process Mining: An AI-Centric Approach To Cloud Migration

Over the last decade, enterprises have seen unprecedented growth in cloud adoption. According to Gartner, the public cloud services market was anticipated to grow by 6.3% year on year in 2020, totaling almost $258 billion. One of the biggest drivers of the growth we’re seeing is cloud application services. Enterprises are reaping the benefits of transitioning application workloads to the cloud. Throughout my career as a CTO, and in the tech industry generally, I’ve seen firsthand how organizations can benefit from transitioning their applications to the cloud. Below are just a few of the positive outcomes I’ve seen.

Analyst Corner

Predictions 2021: “COVID Wrote The Business Case — Our Future Is Digital”

“COVID wrote the business case — our future is digital.” So said the CIO of a manufacturer last month. 2020 was a year that his and every company will never forget. The pandemic changed everything. Companies that had laid the foundations of cloud and agility and strategic partnerships were ready to respond with digital solutions. Those that hadn’t scrambled and flailed. Last year, 85% of firms viewed digital as nice to have. In 2020, every company learned that digital is critical to customer and business success.

Gartner Top Strategic Technology Trends for 2021

Distributed cloud, AI engineering, cybersecurity mesh and composable business drive some of the top trends for 2021. When employees at an industrial site returned to the workplace after it was closed during the COVID-19 pandemic, they noticed a few differences. Sensors or RFID tags were used to determine whether employees were washing their hands regularly. Computer vision determined if employees were complying with mask protocol and speakers were used to warn people of protocol violations. What’s more, this behavioral data was collected and analyzed by the organizations to influence how people behaved at work.

7 Workloads That Should Be Moved to Cloud Right Now

A surge in remote working has put the focus on cloud services to support work-from-home requirements, maintain business continuity and build business resilience. When COVID-19 caused a sudden and dramatic increase in the number of remote workers, cloud offerings delivered on their promise of scaling to support business imperatives — including business continuity and disaster recovery and ensuring the availability of key workloads in the midst of change.

Top 10 Cloud Adoption Trends in North America, Europe & Asia

Successful cloud vendors know that there is no one-size-fits-all strategy to gain competitive advantage and market share. Cloud providers must personalize their marketing/sales messages based on customer demographics – for example, CTO versus developer, SMB versus large enterprises, or financial firm versus manufacturing company. In this blog post, we look at how cloud buyers vary across three important global regions: North America, Western Europe, and Asia-Pacific.

How Can CEOs Build Business Resiliency?

Digital transformation has been a critical differentiator for enterprise crisis recovery. The need to shift entire workforces and operations in response to a global pandemic was a wake-up call to digital resistors, as they lacked the flexibility and innovation to better adapt to changing conditions. Now, ten months after the outset of the COVID-19 pandemic, CEOs are considering how to flatten their recessionary curves, work towards enterprise recovery, and build more resilient organizations.

The Pandemic Pivot: Technology Investment in the Next Normal

This IDC Perspective explores how IT organizations must pivot from investment road maps based on hardware and software portfolios to the establishment of three control planes to manage cloud services, business processes, and commerce. The pandemic has made technology essential to the survival and recovery of the enterprise, forcing CIOs into new territories and unplanned courses of action. CIOs must now regain control over their future and proactively deal with the hybrid nature of their IT environment to set their enterprise on a successful course in an increasingly volatile and digital economy.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

Blog Digest

How can you secure your applications with Keycloak

Information Technology firms use many applications and service providers while developing software products or while providing various software services. An Identity and access management (IAM) Framework is essential in every firm to ensure only authorized users, programs, and devices access critical applications.

Applied AI Primer : Execute AI workloads at Scale

AI/ML are now essential to businesses to deliver value to customers, optimise decision making and to provide a clear edge in a competitive landscape. As the advances in core AI/ML technology becomes more and more available and consumable it is apparent that organisations need to leverage this for themselves at a faster pace.

Top reasons why India is a safe bet for IP protection in 2020
Every invention however simple it may seem is the result of many hours of hard work. Though inventors want to show their inventions to the world, they guard their ideas from theft and plagiarism. As I type these lines, I thank Edison for my well-lit space and Charles Babbage for the computer.

10 Cautious Steps to Boost Enterprise Cloud Security

As the world remembers 2020 for COVID pandemic, in the cyber world 2014 will long be remembered for a series of mega security breaches and attacks. Well known mega breaches in 2014 in the order of magnitude are:

coMakeIT – How we make IT

coMakeIT was founded in 2007 by a team of professionals with a mission to help software businesses innovate continuously. They had one goal in mind, to build a company of software craftsmen.

Outsourcing versus Insourcing (Dedicated Teams)

Whenever an organization is looking to outsource, various questions arise, centered mainly on how to outsource and which engagement model to follow. Owing to the highly competitive nature of the market we thrive in, there is an inherent need to seek out new ways to increase productivity and efficiency.

4 ways to prevent Identity theft in 2020

Identity theft is one of the biggest security concerns in India and worldwide. The Cyberworld is becoming more and more sophisticated – They’re using advanced machine learning and artificial intelligence to steal your identity.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

News about coMakeIT

My Haridra Ganesha: Ganesh Idol Making has always been an all-time favorite event for us coMakeITians. Working remotely could not keep us away from celebrating our most happening and fun festival. In fact, this time we virtually celebrated the festival along with our extended family of coMakeIT. With the help of a professional sculptor to guide our employees, we made beautiful eco-friendly Ganeshas with turmeric to keep us strong and fight the virus. Being apart, we always try to stay together by celebrating with employees and their families.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

The Grand Tambola Mela: Sab Khelo !! Maza Lo !!  Work from home or Work from the office, we always believe in work hard and play harder. During the lockdown, Tambola has replaced carroms and brought us all virtually together for some fun and noise. On popular demand, we have conducted” The Grand Tambola Mela twice and as usual, the game room was filled with hilarious gifs, laughs, and loud requests for the numbers !!!!

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

Navratri Celebrations !! Festivals are incomplete without Navratri and Dussehra festivities and colorful celebrations. Virtually, we celebrated the festival of Good over Evil by sharing our Navratri experiences. Employees shared beautiful pictures of their Bathukammas which is a huge part of our State’s traditions and taking it further, they decorated them in CMI colors (Orange, White, and Royal Blue), making this virtual celebration even more beautiful.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

Virtually Onboarding !! We are believers in happy welcoming of our new employees. Company values expand beyond the walls of the office and we make sure our new members feel welcome into that culture. Our virtual onboarding is smart, efficient, and fast too so that it hampers employee’s ability to perform their job. We have designed our induction program to bridge the physical distance virtually and productively.

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3

coMakeIT | co-innovate Newsletter 2020 Vol 3 Issue 3