Measuring cloud maturity
While it’s clear that multi-cloud adoption accelerates enterprises’ digital transformation journeys, measuring the value from cloud is a challenge.
The benefits from cloud are many. However, enterprises find it daunting to assess and articulate the dynamic change in cloud value. Thankfully, several assessment frameworks and models are readily available in the market. However, they provide point-in-time assessment and fail to provide a holistic, metric-based articulation and recommendations to achieve the cloud adoption levers. Measuring cloud value continuously is becoming increasingly important as companies go beyond building a cloud foundation to channelizing daily cloud operation and management efforts towards business growth, transformation, and continuous innovation.
It is here that enterprises can leverage TCS’ Cloud Value Measurement Model (CVMM) to get full value from cloud. A cloud-agnostic, metrics-driven framework, CVMM helps rapidly assess value across various stages of cloud adoption—from exploration to migration and modernization. In other words, the model helps in continuously monitoring and measuring the progress made toward realizing the potential of cloud. At TCS, we believe that with CVMM as a guide, enterprises can realize a three-horizon digital transformation across their business.
Building the foundation
Take the first step to build your digital core in the cloud and expand your digital boundaries.
With a set of pre-defined metrics, CVMM helps measure cloud value against various dimensions and parameters, specifically in:
Make sure your enterprise capabilities for business transformation and innovation are mapped to deliver value realization.
A strong digital core paves the way for the next horizon—innovation at a business process and business model level. And CVMM provides enterprises with an industry-specific recommendations for innovative business models, domain-specific value business efficiency gains and evolution of organizational capabilities to drive innovation,
Organizations can combine the power of cloud and digital technologies to create innovative business models, new products and services, and create delightful experiences for users. CVMM can be a useful framework to measure cloud output for delivering total experience to internal and external end users. Enterprise capabilities for business transformation and innovation are mapped to deliver value realization not just for competitive parity, but also for market differentiation and disruption. It identifies whether enterprises are adopting industry available cloud use cases or are creating newer, innovative, and disruptive solutions.
Powering ecosystem play
Powering ecosystems with purpose-led collaboration across industries is a high-order transformation, where enterprises collaborate with competitors and partners to provide multi-domain innovation.
Collaboration is key to business success in this connected world. With ecosystems, businesses can combine their internal capabilities with external innovations. Cloud powers such next-gen ecosystems that enable enterprises to leverage customer data, and new innovative business models. It also helps adopt advanced technologies like blockchain, IoT, API integrations, agile processes and practices, encouraging collaboration and development of partnership with ecosystem players. CVMM outlines such collaboration models across industries and provides use cases and metrics for measuring the resilience and scalability of such collaborative solutions. This phase of CVMM is highly customized and is curated based on ecosystem domains.
What’s clear is that enterprises can continuously realize value in their cloud journey with CVMM, which assists in:
CVMM has been extensively socialized and continuously updated based on feedback from industry analysts, consultants, and practitioners. Leading analysts such as Everest has acknowledged TCS’ thought leadership in curating the cloud value measurement model to address enterprises challenges and the need for a metrics-driven framework. Enterprises on their cloud journey would do well to adopt CVMM as they seek to get the most out of cloud.