Progressive organizations have leveraged digital transformation for years with a unique aim to react swiftly and efficiently to change. The COVID-19 disaster brought significant shifts no business was expecting.
People everywhere are required to communicate digitally instead of in person. The pandemic gunned the engine on transformation for some organizations but has prompted others to reassess transformation strategies as they concentrate on immediate pain. Where an organization falls depends upon its industry and its digital transformation capability.
Businesses that had already migrated to more advanced, cloud-facing IT architectures—whether completely public cloud or hybrid cloud—have adapted successfully to COVID-19.
The less successful organizations lack connected cloud applications and the capability to model various stable future scenarios based on quality data.
Oracle SaaS Enhances Productivity
Organizations with SaaS applications encounter less disruption and greater productivity than those with more traditional applications and restraining infrastructure. Because of Oracle SaaS, employees could pick up where they left off with real-time data, up-to-date files, and fixed collaboration tools.
Businesses that have discovered that their VPNs cannot support remote work have had to redirect their time and resources to correct urgent problems.
These organizations are taking longer to react to the radical shifts caused by the pandemic and are not nearly as prolific as possible.
Planning for Future Uncertainty
Planning is critical following a massively disruptive event like COVID-19. Companies need to ask questions and then develop and plan various scenarios to swivel fast when one appears as imminent.
Gather integrated end-to-end data from all partners across the value chain to build as comprehensive a picture of the unfolding scenario as possible.
Businesses need a sensing approach to draw on data from various sources to trace early indicators that a recognized scenario is becoming more likely.
SaaS Adoption
Most companies had already started transforming to cloud computing to achieve cost efficiencies, free up IT resources, and analyze application deployment. When COVID-19 hit, cloud adoption moved into high gear, with respondents saying they expedited their Oracle SaaS selection.
It is simple to understand why: Cloud computing expedited remote work during quarantine and gave businesses the agility, ability, and alertness to react quickly to swiftly changing
circumstances. Using advanced technologies such as AI and ML to automation, scenario modeling, and data analytics, enables businesses to deliver better results.
Catch-Up or Keep it Going?
COVID-19 is a wake-up call for companies that have slipped behind on substituting old technology with new. Oracle SaaS is a game-changer on multiple levels. Businesses have profited immensely from scalability and robust connectivity during this crisis.
They have been capable of keeping daily operations productive while molding many possible pathways forward with data-rich insights.
Unquestionably, COVID-19 has confirmed the importance of digital transformation for many organizations. At the same time, it has made others conscious of how challenging it will be to overcome the next unexpected disruption if they don’t catch up.
