Tuesday, August 31, 2021

Contino’s digital innovators report outlines the key factors for digital transformation success across Europe

As the world continues to evolve, businesses are endeavouring to change, or perhaps, adapt to existing changes. In the modern business world, the popularity of cloud-native is surging and more businesses are investing in cloud-native to move forward.

Cloud-native is a business simplifier of the time. Moreover, becoming cloud-native allows your developer to focus on developing software that customers want while focusing on other relevant productions.

Innovators Reports Showing the Benefits of Cloud-Native to Modern Businesses

The digital innovators’ report from Contino partnered with Tech London Advocates to make a report of experts that contribute innovative transformation in their respective organisations. The report features conversations with 20 representing various businesses and how cloud-native has redefined their business success.

Chris Zissis – JLL

Zissis is talented with the ability to create a simple strategy in a complex business situation and manage the roadmap towards a successful business future. He has integrated fragmented tech and data stack in JLL’s scaling globally, enabling a digital and automated core process end-to-end.

Zissis, alongside his team, designed the peerless digital capability that creates data allowing JLL to rapidly iterate on sophisticated data-driven products in line with ambitious strategies to manage their products and services.

JLL is now digitally inclined and could operate seamlessly during the pandemic, completing objectives that competitors would find extremely challenging.

Carola Wahl – AXA

At AXA, Carola drafted the core corporate strategy that concentrates on making the core business digital and automated while developing a disruptive sphere in the mobility and health sectors.

Carola made central data. For instance, she used AI to mitigate process times from weeks to a few hours within a day and claims handling. Her idea also ensured the use of natural language processing to create chatbots for employees and customers, which increases conversion rates by more than 10 per cent.

Carola also built a 30-man team of data scientists and distributed them throughout the business, eliminating the silos in the business and technology. She succeeded in aligning the business structure to make processes agile and flexible.

Kathryn Tingle – Sainsbury

Sainsbury welcomed Tingle in 2016 and has since led many memorable transformation programs. The supply chain needed to synchronise on Argos’ network. To succeed, Tingle created “North Star”.

Kathryn focused strongly on a clear vision to ensure transformation. She concentrated on the ROI and benefits and communicated to the stakeholders each step to reduce blockers.

As a result of this digital innovation, during the pandemic, Sainsbury’s was able to swiftly increase click-and-collect locations and delivery slots countrywide. They could prioritise the disabled, elderly and other vulnerable customers in limited access to retail stores.

Anant Patel – UK Principal Finance

Patel joined UK Principal Finance as a founding member at Investec Bank Plc. He functioned as CIO of Corporate and Institutional Banking, during which he developed a team of 200 to manage the technology infrastructure.

Patel considered the channels, customers, products and technology. He mapped these aspects against each other, creating a responsive approach suitable for the strategic objectives of the bank.

The crucial part of this digital innovation was shifting to the cloud. Patel could go to different facets of migrating core tools and platforms to enable greater end-to-end automation and flexibility and not just scalability.

Hima Mandali – Solarisbank

Solarisbank, Europe’s leading Banking-as-a-Service platform, needed an innovative expert when Mandali arrived.

Solarisbank provides a unique banking-as-a-service platform. However, due to how limited their original legacy provider was, Mandali needed to develop a fully API-based platform that could scale flexibility to serve millions of customers irrespective of their location.

Madali focused on simplicity and could ensure flexible and independent operations. Solarisbank’s products are now accessible via lightweight API endpoints that make it customer-friendly enough for customers to integrate and develop their user journeys and financial products. Solarisbank’s latest platform is easier to use, and they could build an entirely new bank from scratch within five months.

Moreover, Samsung Pay partnered with Solarisbank in Germany amidst the other big names in the country. During the pandemic, Solarisbank moved their entire platform to AWS with customers not facing downtime. Currently operating in the cloud, it is more convenient for the bank to replicate its platform.

The Need to Embrace Cloud Native

Cloud-native architecture is designed to leverage the scalable, distributed, and public cloud flexibility to increase the focus of your business on creating value, writing code and improving customer experience.

When you go cloud-native, you abstract from several infrastructure layers, including servers, networks, operating systems, and many others. This abstraction allows you to define infrastructure in simple code. Moreover, you can require many infrastructures, including a database, operating system, servers, and more, and have them spinning within a few seconds when you run a lightweight script.

Ultimately, your developers only have to be concerned with orchestrating the infrastructure needed for the business via writing code, and the application will code itself.

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source https://www.jbklutse.com/continos-digital-innovators-report/

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