Global Sourcing with Cloud Computing and Virtualization
|May 18, 2012||Posted by admin||
Normally cloud computing is still being seen as a fad, a hype word and something youâ€™d associate with the Homer Simpsonâ€™s â€œDoâ€™hâ€ the minute you hear someone talking about it. Virtualization was same about 10 years ago when I started dabbling with this little tool.
10 years ahead we have had two economic recessions, 9/11, Iraq/Afgan war and obviously the star of it all the Great Recession, which could have been depressions if TARP etc wasnâ€™t put in place by countries on a global level.
Today I see cloud computing or actually to be very fair, the Internet-Based Computing, still as a hype when it comes to the enterprise. It works excellent on a consumer level, where you can challenge suppliers on price, compare prices and get the best product. This has happened for a long time with players like Amazon doing rather well by selling you cheap stuff while pushing their suppliers under extreme pressure. End result? You and I could buy cheaper prices.
For instance, at Quantum Step we were holding our private-buyer forum at Renaissance Hotel, at Zurich where we had several large companies such as Roche, Novartis, UBS, Credit Suisse, Syngenta, Swiss Re, Lonza etc. In the hotel I used the flexible price-per-minute to check-in for my flight. That was great! I spent 4 minutes and paid and left.
Now large global companies are engaging with us because we are carefully evaluating the effect of the clouds/internet for large enterprise that have traditionally been in a typical brick-and-mortar business mode. That is changing slowly although the security, privacy, transparency and control are still key issues on the internet.
Whether you are in oil/gas, chemicals, plastics, pharma, steel, it really comes down to sourcing your activities and work in a dynamically evolving world economy. You cannot just shift your employees or work to India alone, you must adopt an â€œelastic strategyâ€ where your growth tells you where you are and opportunities tell you where you should be.
We will soon be publishing our new book called â€œEmerging Models in Infrastructure Sourcingâ€ where we have invited several players from all sectors to participate in it.