Just as oil enabled many of the advances and conveniences that have made modern life, well, modern, so too cloud computing’s impact will reach deeper into every organization than just the IT infrastructure. The ubiquitous goal to get critical, always-on systems like your CTRM into ‘the cloud’ is colored by the perspective from which it is stated. To the IT team, this often means an evolution and transition from owned data centers to owned and shared network and server infrastructure. To application developers, it means an opportunity to finally begin to realize the dream of true shared services and more easily consumable software. But the real value may actually come from those that don’t yet internalize a value to the cloud: the business.
To the business, the cloud should represent the horizon more so than a particular location. A horizon of possibilities as they are released from the bounds and constraints of an infrastructure that is difficult to provision, must be consumed in large bites, and tweaked and managed by specialized experts. Cloud computing breaks each of these pieces into as small and consumable bites as the business might like to consume and allows for a virtual symphony of flavors to the mix of capability and services they need to build their most effective, efficient, and intelligent business process.
Moving to the cloud is often viewed as an end within itself, but today’s intelligent organization — those who value data analysis to make decisions and migrate their business processes to take advantage of market opportunities — view the move to the cloud as just the first step.
The CTRM / ETRM market has been slow to recognize the benefits of the cloud beyond optimizing the cost of infrastructure. More than most other packages, the immediate benefits often outweigh even the extreme bonus situation companies find themselves in from an infrastructure perspective. Here are a few key benefits to consider:
- Performance — CTRM by its nature is spiky in its performance requirements and benefits greatly from increasingly fast performance during the periods of the highest volume. Cloud enables a step change in the system performance and the opportunity to tune the application and its environment.
- Accessibility — Cloud also brings a higher level of accessibility to an application that is great in the hands of a few and even better in the hands of many across your organization.
- Security — In a world where security and auditability is increasing in importance daily, cloud computing delivers on the capabilities and processes necessary to anticipate and address 21st century threats to data and information.
There is a new world for our application developers and our system implementers in the CTRM world. Those who take advantage of it will see a new acceleration of their satisfaction in their CTRM usage. Those who don’t will be stuck in a different kind of cloud — a dust cloud.
About Value Creed
Value Creed, LLC, founded in 2016, is a managed services firm headquartered in Dallas, TX, specializing in commodity trading and risk management technology and business process optimization. The firm offers expert-driven managed services, business process outsourcing, cloud enablement, and CTRM complimentary technologies to help CTRM customers achieve optimal value in their software investment. For more information, visit www.valuecreed.com