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WELCOME TO A BRAVE NEW BUSINESS

DataQuest

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January 2022

The future was inevitable, but it is already here, speeded up by the pandemic. While going high-tech was usually an "option", now it is no longer so, becoming part of the very DNA of the business and economy of the world. A look at the complete global transformation that we are entering

- Sunil Rajguru

WELCOME TO A BRAVE NEW BUSINESS

WE WILL LIVE, WORK AND ENTERTAIN OURSELVES IN THE CLOUD There is no cloud that is "out there". There ” is no cloud option that you may or may not be part of. It's not a question of if but when we go on the cloud, "all in". We are the cloud. We are part of the cloud. It is all around us. It is part of us. We work in the cloud. We chat with our friends in the cloud. We entertain ourselves in the cloud. We live in the cloud.

As I have said many times before, today we live in a world where millions of data centers are used by billions of devices to transfer trillions of GBs of data each and every day. For the common man the cloud is Device + Bandwidth. For the techies it's more complicated than that and there's a lot of software and hardware behind the scenes that keeps everything running. Cloud is a very complicated computing model that has to be fine-tuned all the time.

THAT MEANS THE END OF PAPER IS FINALLY HERE

Hyper digitization. Hyper digitalization. Complete Digital Transformation. It's all happening. What that means is that the paperless office we have been hearing about for decades is finally here. In the corporate office, we have already shifted to electronic transmissions for everything and high-end collaboration tools will ensure that remains so.

Earlier key digital data was scanned or converted from its offline form, the latter which was never disposed of. Alternatively digital data was duplicated in the offline world and sometimes even came in triplicates. Now data is being collected digitally with no paper involved. Online banking and mobile money is further reducing paper.

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