Staying agile: The future of technology and business | ALC Training News

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IT managers will no doubt be familiar with the importance of agility and innovation in technology. However, businesses are increasingly opening their eyes to the possibilities of technology and the implications for their firm in the future. 

Changes to data management

The ability to properly manage data is becoming an increasingly pressing matter for businesses in Australia and around the world. It seems that every process can be quantified and the growing output of information can be a handful.

However, managing this data could become much more efficient in the future. Although software-defined data centres (SDDC) are currently not at the point of universal usability in businesses, Gartner believes that this technology will become more significant in the future. According to their predictions, 75 per cent of Global 2,000 enterprises will consider SDDC a necessity to hybrid cloud systems and other modern applications by 2020.

This system takes existing infrastructures and revitalises them so they can be outsourced to a third party, allowing firms to become more flexible and adaptable to change.

Whether dealing with current or future systems, ITIL training will always be useful for gaining skills in data management. Even if your business moves to third-party providers for its data needs, knowing how to collect, store and categorise this information will be of great value.  

Turning to digital becoming key

McKinsey & Company explained that business are starting to see significant financial value and growth potential in adopting digital technologies. Nearly three quarters of executives stated that they expect to see a rise in top line revenues from digitalisation. A further 64 per cent were hopeful that adoption will increase profit margins in their business. 

However, there are significant barriers that could potentially hamper these expectations. The most widespread of these in a lack of leadership and talent.

Having strong IT skills within your company is of vital importance. Having strong IT skills within your company is of vital importance.

Australia’s Chief Scientist Professor Ian Chubb emphasised the urgency in upskilling in a recent release from the Australian Council of Learned Academics. 

“We need to be agile as a nation and we need to decide whether we want to equip ourselves with the skills and knowledge to forge our future or allow others to impose a future on us,” he said.

“In reality, of course, there is no choice about whether – the only choice is about how.”

Upgrading your knowledge through channels such as IT project management training will become critical in keeping your business relevant.

IT influence spreads across industries

Technology application are becoming more commonplace across all sectors, even in professions that are traditionally resistant to new technologies. A survey conducted by GlobalX Legal Solutions found that 60 per cent of law firms are planning to adopt electronic conveyancing software into their practice in the next two years. 

60 per cent of law firms are planning to adopt electronic conveyancing software.

Overall, the legal sector is becoming more sensitive to the effects of technology on their operations. While electronic conveyancing was the most popular, 52 per cent of survey respondents pointed to cloud technology as having a significant impact on their organisation. Not far behind was mobile technology (51 per cent), integration (48 per cent) and data security (41 per cent).

“These technologies affect the day-to-day operations of legal professionals, require them to put their trust in new systems and to develop new habits,” said GlobalX Chief Executive Officer Peter Maloney.

The legal industry is a fine example of how far technologies can be successfully applied. With the right knowledge, possibly aided by IT governance training, any organisation in Australia can become agile in the near future. 

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