Continuing with its ongoing shift in business strategy, Accenture has announced a new enterprise product in the cloud services segment. The latest launch is called ‘myNAV’ and is designed to be a a cloud platform that helps organizations design and simulate different cloud solutions to identify the ones that best fit their specific business requirements.
myNav evaluates multiple variables — including an organization’s technology infrastructure, applications, data, operational model and business outcomes — identifies the right solution for enterprises, then simulates it at scale to confirm its viability and refine the business case. By providing a customized roadmap, myNav enables organizations to maximize the return on their current and future cloud technology investments. For example, myNav recommends the application transformation approach for clients to accelerate their innovation in the cloud.
Accenture says that an internal research done by the company shows that nearly two-thirds of companies are not seeing the expected benefits from their cloud migration initiatives. Hence, the myNav launch.
Bhaskar Ghosh, group chief executive at Accenture Technology Services said, “We built myNav on our knowledge repository of more than 30,000 cloud projects and over 80 industry solutions deployed worldwide in nearly every industry. myNav uses this repository to simulate optimal and scalable cloud architectures and solutions. By providing a more informed view and a calibrated cloud strategy for business transformation, myNav helps clients compete more effectively in today’s data-driven, cloud-enabled economy.”
Looking at the clientele Accenture serves, finding the right market for this product doesn’t look like too much of a headache for the IT services company. The company claims to have supported cloud computing projects for 80% of the Fortune Global 100 across 68 countries and has trained more than 84,000 professionals on cloud technologies and architectures.
myNav provides a recommended cloud target through a three-step process:
- Scanning and assessing the client’s existing infrastructure, application and data landscape and recommending the most appropriate cloud architecture and solution;
- Using an automated artificial intelligence (AI) engine to interact with Accenture’s library of collective cloud expertise and recommend an enterprise architecture and solution; and
- Simulating and testing the scaled-up model of the client’s recommended cloud solution to identify the value and help build the business case for an optimal solution for their business requirements.
Accenture’s concerted push towards cloud is a trend that has been adopted off late by India’s multi-billion IT services industry. While India emerged arguably as the untouched leader in the field of IT services, companies off late have started pivoting towards more futuristic technology options, than their traditional IT services. Cloud computing, an area which has helped the over $100Bn TCS catapult at the global stage, is now being seen as a lucrative segment by most other IT majors.