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Traditional Vs Modern: Our 5-Factor Information Technology Strategy for Enterprise IT Solutions

In 1926, Nikola Tesla envisioned a future with wireless technologies that would turn the earth into a “huge brain” making it possible to process data and transmit communications instantly. But the “dawn of big data” would not arrive until the foundations of the modern internet became a reality in the late 1960s.

Since then, our ability to collect, analyze, and craft solutions from data have expanded significantly and continue to reinvent our understanding of “modern” technology. While these never-ending transformations leave the experts at M Corp in a perpetual state of awe, we appreciate that the pace can be overwhelming for some

At M Corp, we have 19 years of experience translating the latest technological capabilities into modern, outcome-oriented services and solutions. This article explores our Product Development team’s strategy for transforming traditional IT consulting approaches into modern, outcome-focused solutions.

Traditional vs Modern IT Consulting Services and Solutions

“Traditional” approaches are easy enough to define. They refer to the methods that we’re already accustomed to and the strategies that feel familiar feels predictable. But when it comes to information technology, “traditional” can easily become “the devil you know”.

The bulk of “modern” technological innovations have arrived over the past decade or so, especially with respect to cloud computing, artificial intelligence, automation, and big data. But these terms are so ubiquitous and so vague that it’s easy to write off terms like “IT modernization” as an amorphous, moving target.

The 5 Key Value Domains Distinguishing Modern from Traditional

A far better method for distinguishing modern from traditional is by looking specifically at project outcomes. That’s why our Product Development team begins the process of crafting newer and better solutions by assessing how well the latest innovations stand to enhance our current IT consulting service and product offerings in the following five value domains:

  1. Scalability

When working with enterprises, projects are being done at scale. To develop more efficient approaches, new technologies can be adapted to deliver enhanced scalability. How effectively can a process or solution be scaled up or down?

  1. Velocity 

Velocity is the pace at which technologies accelerate the performance of a particular task. When it comes to rate and pace, newer technologies like automation can increase the velocity, helping to get projects and transformations completed in less time.  

  1. Accuracy 

There will always be a need for the critical thinking and decision-making skills from expert professionals, but for certain, repetitive tasks, especially those that are applied to processing large volumes of data, the application of newer technologies can enhance accuracy by minimizing opportunities for subjectivity, bias, and human error. Also, for IT solutions that harness velocity alongside accuracy, solutions can take more variables and data points into account, making it easier to pinpoint opportunities or anticipate challenges, isolating them and ensuring that enterprises gain the most valuable recommendations.

  1. Cost Control

Organizations, and especially enterprises, don’t like surprise costs. This is one of the single greatest barriers to modernization for large-scale companies. With more modern IT processes, it’s easier to pinpoint problems and isolate them, ensuring that they get addressed while minimizing their impact on other critical areas of business function.

The more human intervention and manual work, the less predictable the outcome in terms of duration and costs. Traditional IT transformations are priced hourly for the manual labor of experts. Projects are undertaken based on an estimated cost and timeline, but projects can (and often do) end up costing far more and taking far longer than anticipated while offering far less than their expected value.

Also, modern technologies can make the scope and timeline of projects far more predictable, enabling service providers to give a fixed per project contract instead of a more variable per hour estimate. The enhanced predictability of more modern approaches can deliver a sense of relief that the total cost anticipated will in fact result in a successfully finished project.

  1. Convenience

Modern technology can improve accessibility and convenience in delivering IT consulting services and products, which is especially important in the age of decentralized operations, remote workers, and businesses that simultaneously operate around the world and around the clock. We need input from members of your organization but communicating with all of them is impossible using traditional methods. Modern approaches make it more convenient and accessible to get input from more members of your organization.

Outcome-Focused Solutions: The Modern Approach to Enterprise IT Transformations

At M Corp, realizing our vision involves working towards the tools and products that help our clients to gain more value, faster, and with a higher degree of accuracy than the solutions offered yesterday. Our new suite of modern product solutions, including RPAaaS and ReM Score, deliver our clients the same outcomes but with a much greater value.

 Robotic Process Automation As-A-Service (RPAaaS)

Robotic process automation is an approach that boosts data processing efficiency by automating certain repetitive functions. RPA As-A-Service allows clients to augment their IT capabilities, accessing instantly scalable solutions, for a fixed and predictable cost. Since this product is outcome-oriented, clients benefit from faster project completion and more accurate results and a pre-agreed outcome, eliminating the unpredictable costs and variability of hourly billing through traditional IT consulting approaches.

For example, while working with a recent client on processing medical records, the use of our robotic process automation as-a-service (RPAaaS) allowed medical records to be processed in a matter of weeks, as opposed to the months it would take six times faster than our traditional method, under which our Professional Services Team processed each record by hand. To read our case study on RPAaaS, click here.

 ReM Score

ReM Score is a readiness assessment tool that uses big data processing capabilities and artificial intelligent technologies to home-in on potential trouble areas while interacting with members of your organization. Not only can ReM Score account for far more variables within your organization than is offered through traditional readiness assessments, but it can be deployed across your enterprise and generate a report with recommendations in less than a week.

At M Corp, Your Potential is Our Purpose

At M Corp, we’ve spent 19 years perfecting our approach by maintaining a vision for progress and innovation. We are experts in working shoulder-to-shoulder with our clients, many of whom are struggling to overcome the bottlenecks holding their organizations back. So much of these issues involve communications barriers, which is why we take every opportunity to deliver clarity and insight into how modern moves our society forward.

With our new suite of product solutions, in conjunction with our traditional IT consulting services, we move your business forward by employing outcome-focused solutions designed to directly unlock your potential. Learn more by visiting our website and speaking with our experts today!

 References

Keller, Scott, and Mary Meaney, Caroline Pung, Caroline Limet. “Losing from day one: Why even successful transformations fall short.” McKinsey & Company. https://www.mckinsey.com/business-functions/people-and-organizational-performance/our-insights/successful-transformations.

Phillis, Andrew. “A History and Timeline of Big Data.” TechTarget. https://www.techtarget.com/whatis/feature/A-history-and-timeline-of-big-data.

Torres, Julian. “Going Remote: Work in the Age of Decentralization.” Forbes. https://www.forbes.com/sites/forbestechcouncil/2021/09/27/going-remote-work-in-the-age-of-decentralization/?sh=22f8040250a6.

“What is Big Data?” University of Wisconsin Data Science. https://datasciencedegree.wisconsin.edu/data-science/what-is-big-data/.