STAYING IN THE DRIVER’S SEAT AS WE ALL UNDERGO GLOBAL DIGITAL TRANSFORMATION
Formula 1 is all about elite performance and the incremental advances made by pushing the percentages on a number of fronts. It is a real-time, streamlined environment that requires constant attention to detail to ensure everything runs smoothly. The IT infrastructure that supports an F1 team’s real time analytics and scenario planning are a vital part of their armory. Any lack of processing speed, reliability or server and storage issues could be crippling in a race environment.
We’re proud to be sponsoring Renault Sport F1 Team driver Jolyon Palmer at the Singapore Grand Prix this week, continuing the association we started in Spain. The use of technology to support F1 has seen significant advances recently. Viadex is a leading partner for Pure Storage, who earlier this year announced a global partnership with MERCEDES AMG PETRONAS. As a result it’s been possible for them to accelerate analysis of data-centric transactions that impact car performance and lap time, and they’ve achieved 35% faster race-related transactions.
The level of IT performance required in F1 is also mirrored in other industries in which we work. For example, the IT behind online gaming needs to be optimised at all times or there’s a good chance players will leave quickly if the experience doesn’t match their expectations. Gaming clients want the maximum number of players online at any one time, so it’s another very good example of how the performance of technology infrastructure can correlate directly with revenue. Financial institutions or life sciences institutes are other examples where the volume and importance of the data involved requires absolute confidence in the infrastructure deployed. Like F1, all these industries have their own particular characteristics and it’s incredibly important to get the right technology stack from people who know what they are talking about, from IT project implementation experts.
Identifying the right technology solutions is only half the battle though. And, before procurement and logistics can begin, the first step is to determine your business requirements or challenges. This is no mean feat. Companies need to ensure they are using a strong methodology in order to do this and ensure that the correct solution is implemented to enable business growth. This includes conducting a Business Needs Analysis, determining the Current Mode of Operation (CMO) and Desired Future Mode of Operation (FMO).
In an increasingly global environment, IT and procurement teams have more important things to do than deal with the increasing logistical challenges of buying IT infrastructure separately in several different regions. In addition to taking a lot of time, it is often incredibly costly. Another challenge is the legislative considerations of shipping IT kit into different countries. This is something that businesses who are expanding into and within APAC are quickly finding out and consequently there’s a need to ensure that the right documentation is always in place to ensure compliance. Our dedicated teams understand, and have been busy keeping up to date with all these increasing complexities.
IDC recently predicted that worldwide revenues for information technology products and services will grow from nearly $2.4 trillion in 2016 to more than $2.7 trillion in 2020. During this period of digital transformation, it’s important for CIOs in niche markets and across IT and Telecoms to make the right procurement and deployment choices to secure competitive advantage. We’ll see that on the grid in Singapore this weekend, and played out in various industries across the globe.
Whether you are a gaming company looking to maximise the numbers of players online, or any other company with a pressing need to scale your IT infrastructure, Viadex can help you ensure that you have the right logistical and procurement support in place to help you deliver solutions that drive business growth.
Please contact me if you would like to discuss any of these points Dino.Cooper@viadex.com
