Prioritize investments in applicable Privacy-enhancing computation (PEC) techniques to gain an early competitive advantage
This is an exclusive interview conducted by the Editor Team of CIO News with Dr. Shivagami Gugan, DevOps Institute Ambassador and Author of SRE Practitioner Program
DevOps, Site Reliability Engineering, and Cloud Architecture Evangelist, Shivagami is a technology and aviation specialist with experience in transforming large teams. She is a pragmatic Technology Transformation Leader who seeks to apply Reliability Engineering and Cloud Architecture in delivering business value and transforming businesses for long-term growth and sustainability. Having led Software Engineering, and Technology modernisation for a number of years, her primary motive is to see organizations transform in spirit delivering true business value.
1) Composable Architecture
Composable applications allow polyglot microservices-based packaged business capabilities (PBCs) or software-defined business objects. For example, representing a digital twin, PBCs create reusable modules that the IT-Business fusion teams can self-assemble to rapidly create applications, reducing time to market. Champion composable architectural principles in all new technology initiatives, including application modernization, new engineering, and in the selection of new vendor services. Standard PBCs can be bought on application marketplaces and integrated using APIs. According to Gartner, by 2024, the design mantra for new SaaS and custom applications will be “composable API-first or API-only, rendering traditional SaaS and custom applications as “legacy.”
2) Data Fabric/Data Platform/Data Mesh
The value of data has never been more valuable. But often, data remains siloed within applications, so it’s not being used as effectively as possible. Data fabric integrates data across platforms and users, making data available everywhere it’s needed.
Within inbuilt analytics reading metadata, the data fabric is able to learn what data is being used. Its real value exists in its ability to make recommendations for more, different, and better data, reducing data management by up to 70%.
Identify priority areas to introduce data fabric solutions by using metadata analytics to determine current data utilisation patterns for ongoing business operations. Prioritize areas with significant drift between actual and modelled data.
3) Cybersecurity Mesh
Using a cybersecurity mesh approach, you can integrate multiple data feeds from distinct security products to better identify and respond more quickly to incidents. Digital business assets are distributed across the cloud and data centers. Traditional, fragmented security approaches focused on enterprise perimeters leave organisations open to breaches.
A cybersecurity mesh architecture provides a composable approach to security based on identity to create a scalable and interoperable service. The standard integrated structure secures all assets, regardless of location, to enable a security approach that extends across the foundation of IT services.
4) Privacy-Enhancing Computation
The real value of data exists not in simply having it, but in how it’s used for AI models, analytics, and insight. Privacy-enhancing computation (PEC) approaches allow data to be shared across ecosystems, creating value but preserving privacy. Approaches vary, but including encrypting, splitting, or pre-processing sensitive data to allow it to be handled without compromising confidentiality is the art of PEC. The PEC platform may use homomorphic encryption so users can conduct data searches against its extremely sensitive data, with both the search and the results being encrypted.
Investigate key use cases within the organisation and the wider ecosystem where a need exists to use personal data in untrusted environments or for analytics and business intelligence purposes, both internally and externally. Prioritize investments in applicable PEC techniques to gain an early competitive advantage. Use synthetic data if possible.
5) Cloud-Native Platforms
According to Gartner, by 2025, cloud-native platforms will serve as the foundation for more than 95% of new digital initiatives—up from less than 40% in 2021.
Lift-and-shift cloud migrations focus on taking legacy workloads and placing them in the cloud. Because these workloads weren’t designed for the cloud, they require a maintenance and don’t take advantage of imminent cloud benefits.
Cloud-native platforms use the core elasticity and scalability of cloud computing to deliver faster time to value. They reduce dependencies on infrastructure, freeing up time to focus on application functionality instead.
Typical use cases are to build a cloud-native platform to create a portfolio of new digital services. For example, a bank can reduce the time to open an account significantly and add instant digital payments, using a well-architected composable technology platform. Microservices architecture enables the integration of services such as savings, virtual debit cards, and credit card services, allowing the system to easily scale over millions of transactions in a short period of time.
6) AI/ML/Metaverse/AR/VR/Computer Vision
Distributed enterprise is an architectural approach that is virtual-first and remote-first in order to digitise consumer touchpoints and build out experiences to support products. While AI engineering is the discipline of operationalizing AI models, using integrated data and development pipelines to deliver consistent business value from AI, the use of NFT/blockchain-based metaverse builds on Web 3.0 principles to enable ‘play to earn’ gaming, AR/VR enabled retail e-commerce, real estate, hospitality, corporate training, induction on manufacturing shopfloors, and aircraft engine simulations has seen a major boost in government and private investment.
Also read: Technology leaders must continuously attempt to learn with deep hands-on understanding
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