IT leaders often struggle to successfully adopt innovations. Often they don’t get the planned return on investment (ROI) and other benefits they expect. This post examines how to increase your chance of success when adopting cloud computing.
Successfully moving to the cloud requires proper timing and focus on five factors. If you don’t follow a careful approach, the chances are good your cloud initiative will fail — perhaps with disastrous consequences. Your firm’s market position should be relative to your competitor’s signals when you should start the adoption process. Use adoption rate (when others decide to implement) and diffusion cycle (how adoption spreads by firm type) to drive the timing of your decision. When the timing is right for your firm, base your cloud solution adoption decision on five primary factors:
- RELATIVE ADVANTAGE over existing solutions
- COMPATIBILITY with your existing people, processes, technologies and providers
- COMPLEXITY of its management, usage and learning curve
- TRIALABILITY: ability to use it and test it
- OBSERVABILITY: results observable to primary stakeholders
Often IT leaders choose to skip or re-sequence these five factors, but the order is fundamental to success. It’s often difficult to get any change implemented in IT, but our research shows that IT leaders who focus on the adoption of technology innovations based on the proper timing of these five factors are as much as 87% more successful than those who don’t.
What You Need to Know:
Adoption means deciding to accept a new technology, such as cloud computing. Successful adoption is a decision-making process spanning awareness, interest, evaluation, trial, implementation, and adaption. Understanding when to start the adoption process is the first element of successful adoption. The second element follows a specific pattern of activities to examine five fundamental factors that influence adoption and diffusion.
Even with proper timing, many IT projects do not succeed because of a flawed adoption process. Our research shows five factors predict successful adoption. Trying to adopt without examining these five factors is a strong predictor of project failure.
Technology adoption and diffusion by firm type shows you when to start considering the characteristics. IT leaders that execute this five-step adoption process at the right time and follow it carefully will make better decisions and be more successful than those who don’t. Understanding these five activities could improve your chance of success adopting cloud computing.
The next post will explain in more detail what you need to do in order to adopt cloud computing for your company.