Cloud in an enterprise is hard. Cloud in highly regulated industries even harder. Cloud in highly regulated industries with a resounding success is extremely hard. But there’s hope!
This article is part of the limited preview of the “The Missing Cloud Programme Roadmap”, a generic roadmap for any enterprise cloud adoption programme.
Cloud in Highly Regulated Industries is Even Harder
Note that up until this point we haven’t even specified any particular industry. Yet the adoption of cloud across an enterprise organisation has already been identified as hard.
Let’s make things a bit more interesting and focus on highly regulated industries. Not only because the authors of this blog have been working in Financial Services for decades; having experienced several cloud adoption programmes first hand, eventually inspired the author to create The Missing Cloud Programme Roadmap.
But also because adopting the cloud across a highly regulated enterprise organisation is one of the most challenging sub-problems of adopting the cloud across an enterprise organisation. Also, a solution to the former is a great starting point for a solution to the latter.
So, to all of the above challenges (read: problems), now add stringent regulatory requirements such as a full audit trail of all activities and strict segregation of duties. Mix it with a cautious and generally risk-averse approach and then add tight but reasonable security requirements. And these are still only the very beginnings…
If cloud is hard. And cloud in highly regulated industries even harder. Then cloud in highly regulated industries with a resounding success is extremely hard.
Now, how to make the adoption of cloud in highly regulated industries a resounding success?! Well, the short answer is that, it’s complicated, riddled with delayed payoffs, and may need several incarnations. If it succeeds at all.
But don’t scroll away just yet. There’s hope!
The Missing Cloud Programme Roadmap
Find out more about it in the next article.
So, How Do You Adopt the Cloud?!
While the above Worx for Me!™ when it comes to adopting the cloud in highly regulated industries, you may have an alternative or better way.
Think this is all rubbish, massively overrated, or generally heading into the absolutely wrong direction?! Feel free to reach out to me on LinkedIn and teach me something new!
As always, prove me wrong and I’ll buy you a pint!
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