The next disruption in BFSI: Embracing Industry 4.0 with BizdevOps
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Leverage BizDevOps for faster time to market and improved customer experience
As BFSI firms step into the Industry 4.0 era, adopting a BizDevOps approach to software development can help bridge the gap between business objectives and IT prerogatives and gain a competitive advantage in the market.
Establishing a BizDevOps framework will be an important lever for firms to adopt Industry 4.0 principles in financial services, in turn transforming into customer-centric entities.
BFSI firms must consider some crucial dimensions while defining the BizDevOps roadmap.
- IT cycle time optimization: Optimizing the IT cycle time to achieve faster time-to-market
- Multi-dimensional moments-of-truth: Mapping of IT metrics to business metrics to deliver a seamless experience across multiple channels
- System resilience: Increased resilience to weather unexpected paradigm shocks
- Data security and compliance: Ensure the security and integrity of data across cloud infrastructure
- Portfolio design: Optimized design of the overall business portfolio with its underlying IT application landscape
