Intelligent CIO Middle East Issue 10 | Page 69

INDUSTRY WATCH C an you describe recent technology initiatives at Deloitte and how they serve your business needs? The foundation principles of enterprise architecture principles ensure that there is strong alignment between technology initiatives and business outcomes at Deloitte. We view technology initiatives through three different lenses – long term strategic initiatives, medium term business focused initiatives and short term optimisation initiatives. Long term strategic initiatives are platforms that have the potential to disrupt and transform the professional services industry. For example, the advent of automation as envisaged in the last few years has the potential to substantially impact the way we conduct and deliver our services. Similarly, technologies such as blockchain has the potential of changing the way financial services are rendered in the market place and hence require due attention. Medium term business focused initiatives are platforms that require re-architecting the current landscape of applications, infrastructure and services to deliver a business outcome. These initiatives may be in the shape of adding an application to the technology stack, creating new interfaces for integration between current systems, re-architecting business processes, enhancement of current systems for additional features and functionality or leveraging technologies such as cloud to restructure current capabilities. Short term optimisation initiatives are platforms that enable us to either drive cost benefits or greater client insight. These include a number of services based initiatives such as structuring our in-house capabilities vs outsourcing opportunities for internal technology services. This platform is also used for digital initiatives that enable us to extend our applications www.intelligentcio.com FOR A TRANSFORMATION TO BE EFFECTIVE, IT REQUIRES AN EFFECTIVE STRATEGY WITH THE OVERARCHING GOAL OF MINIMISING DISRUPTION WHILE DELIVERING MAXIMUM RETURN. CLOUD IS NO DIFFERENT to new age platforms for easier access by our clients that reach out to us for thought leadership. How has been Deloitte’s journey in leveraging cloud technologies? Elastic growth is a reality of the new world – in the ME region or anywhere else. Economically this means that the demand of a particular good or service is directly affected by its price. Due to the nature of demand in the region it becomes critical for businesses to be able to scale up as business volumes rise and scale down operating costs as demand diminishes. Cloud services offer this capability to the business. Leading CIOs are looking at cloud adoption as a journey. They realise that they cannot just re-purpose their infrastructure and application stack overnight to cloud and expect to achieve operational efficiencies. It is important to look at cloud beyond the attributes of faster, better, and cheaper, by collaborating with business stakeholders to re-engineer technology units into discrete and manageable services. Why are some organisations unable to realise the broader value of cloud? Just like any transition, the move towards cloud capabilities requires a INTELLIGENTCIO 69