Cloud in the driver’s seat of the digital journey in the new normal
When quarantine began, most companies received a wake-up call, the immediate need was to create a labour force from afar, forcing the adoption of digital technology, with some organisations managing the transition better than others.
It was clear that cloud computing was to spearhead the biggest technology transformation of all times. A digital story was about to gain importance and all propelled by a crisis – the COVID 19 pandemic.
It was also key for companies to quickly stabilise their cash flows to ensure that more funds flow in than out – a daunting task during a global pandemic.
Not long ago, a significant share of capital was devoted to building the infrastructure needed to operate digital solutions effectively. With the development of software as a service, a portfolio of solutions is now available as pay-as-you-go services, which only include the necessary technological resources.
For cash-strapped businesses, this should allow most companies to explore a wider range of digital opportunities. Businesses can expand their digital capacity from digital storage to processing power when they need it.
According to Gartner, the global cloud services market will grow by 6.3% to $257.9 billion by 2020. The report also expects higher growth in 2021, at 19%, and the third quarter of 2022, with a growth rate of 18.6%.
In a KPMG survey, 56% of executives agree that cloud data migration has become an absolute necessity, as companies focus on moving their data to the cloud on a large scale, rather than migrating small data sets piecemeal.
The growth of cloud services has opened up new opportunities for IT service providers, including increased demand for cloud storage and data management services and new business models. As customers move rapidly on their path to digital transformation, opportunities are emerging, and we see companies that choose this path of partnership as an opportunity to move forward. Overall, we expect the cloud to prove to be a major growth driver for the IT services market in the coming years.
In South Africa, we are adapting very quickly to the new normal of digital transformation, and we must adapt very soon. For South African IT service providers, however, the cloud is not only an important growth driver, but also an opportunity.
Digital connectivity has become indispensable, because it allows us to continue working, and it is becoming a pandemic that is forcing the world to face the inevitable. South African companies must be able to transform and recognise the benefits of digital business, not only for their employees, but also for themselves.
With the current conversion to a digital change program, Centrax Systems believes it to be able to influence this process decisively. IT infrastructure and support in building the necessary talent and developing the company's digital business strategy.
“Since a company is the sum total of what employees achieve individually, during the COVID lockdown, Centrax Academy took training to another level by on-boarding over 110 youth on digital skills training and enabling these as future consultants in the digital landscape and giving them a step towards employment,” says Lele Msimango – COO at Centrax Systems.
Centrax Systems offers solutions to meet the challenges of customer needs, analysis and implementation. It does this by planning, building, operating and maintaining their digital platforms, working along their entire value chain in the development and deployment of their digital transformation. Centrax focuses on integrating the customer's digital assets into its business model, business processes and operations. Centrax is ready for the next big wave in digital transformation.