We talk to businesses of all kinds about their performance management processes and their plans for the future. A natural part of that discussion is where new applications will be located – in-house or in the cloud – and the pros and cons of those options untainted by marketing hype.
Every business will be different – different business requirements, different user profiles, different IT capability and strategy – there is no "one size fits all".
But there are common topics that arise, and that need to be thought through carefully. We have identified our top six: three of them are discussed below and we'll add the other three next week.
- Speed of implementation – this is of course something that the cloud vendors major on, as it typically takes no more than a very small number of days to get the environment set up. On-premises, the question is how quickly can you commission a server or set up a VM: in reality it may be just a day or two for a VM but if you outsource your IT to a third party then it could become a long job. Speed of getting an environment in place is one thing, but regardless of where you put it, you still need to build the application
- Security - of data and of access. Surveys from Saugatuck and Gartner (https://www.mulesoft.com/resources/cloudhub/integration-clouds-big-challenge) highlight this as the key concern of CIOs when considering cloud solutions. It is reasonable to expect cloud service providers to have stringent security processes (as we write this, the attack on TalkTalk is in the news) but you need to think about accessibility: for example, what controls are needed for users to gain access from new or temporary locations, such as from a hotel when away from the office
- Integration – how to link your cloud-based planning and reporting system with on-premises financial and other systems – possibly other cloud systems from different providers. Those same surveys mentioned above list this as the number two issue for cloud, after security. Think about data volumes, frequency of update, master data management
Next week we shall look at:
- Management, control and support
- Total cost of ownership
Regardless of where you put it though, the most fundamental aspect is to ensure that your chosen tool can deliver to your business requirements, and that your implementation partner has the in-depth knowledge and experience to make the project a success.
If you are considering adopting a performance management tool and these are questions that you are asking yourself, then let's get together and explore what will work best for you. Complete our Contact Form, or simply email us and we'll get in touch.