Director - Cloud Services
We drive the transformation of our customers’ businesses by facilitating the rapid adaptation of their industry-specific processes using cloud platforms. The key factors are our extensive cloud experience combined with cloud vision, cloud expertise, and partnership ecosystem.
In a rapidly changing and highly competitive world, where stagnation is extremely detrimental to businesses, innovation is the key for companies to adapt, grow, and evolve. This scenario has made it an imperative for organizations across various domains to look for innovative solutions to streamline their operations, improve efficiency, and increase growth.
Industry clouds are among the innovative solutions that are transforming businesses and making them stay relevant today. They are the composable building blocks that are built for strategic use cases in specific industries. To support businesses within a specific vertical, these solutions provide industry-specific functionality, data models, workflows, and integrations.
This blog post would discuss the importance of industry cloud solutions and explore the ways in which they are revolutionizing businesses across different domains. Gartner predicts that by 2027, enterprises will use industry cloud platforms to accelerate more than 50% of their critical business initiatives.
The following are some of the key advantages of using industry cloud solutions:
Using industry cloud solutions, Volkswagen has built a new Digital Production Platform (DPP) that all suppliers and service providers can connect to. Productivity gain of 30% is being targeted by 2025. The suppliers get full visibility on customer demands and this will help in synchronizing operations to meet supply and demand in real time. The platform uses cloud service provider’s data encryption and it is hosted locally to ensure better security and compliance.
Along with the advantages, there are also certain challenges that need to be dealt with when organizations opt for industrial cloud solutions. A few are as follows:
As per the 2022 HashiCorp State of Cloud Strategy Survey, enterprises are facing shortage of cloud skills, and it’s driving the creation of cloud platform teams and investment in automation in many organizations. Automation will help make the hard-to-find cloud talent more productive. Innovations like industry cloud solutions are a step in that direction as they provide domain-specific requirements as pre-built features on the platform.
At Reﬂections, we are successfully driving our customers’ business growth through digital transformation. Our extensive cloud experience combined with our industry cloud vision, cloud expertise, and partnership ecosystem are the key to driving the transformation of our customers’ businesses by facilitating the rapid adaptation of their industry-specific processes using the cloud platforms.