Skip to main content

EDP CFO & Cloud Computing

EDP was the origin of computing in business, it was the acronym for "Electronic Data Processing",
The  EDP department was a busy factory during salary computation, closing of the financial books and also month end sales and inventory management and finally MIS (Management Information System) .
There were no Microsoft workstation in those days, no lotus 123 just reams of printout in high speed printers which were transferred neatly into transparencies with marker pens !
The EDP was always under the control of the CFO - the chief financial office and EDP manager was a powerful person who had to be reliable and accomplished in technology.
EDP began with punched cards, then tapes and so on ; today they are relics, but the EDP department was the temple of information, it was the knowledge bank of the business and access to it was restricted.
The CFO was the lord and master of the EDP department because the first baby steps of data processing was accounting, later on it moved into costing, inventory management and subsequently into sales and marketing analysis.

CFO will lead Cloud Computing Adoption 

The EDP department was a centralized data processing center and the staff were some of the best paid for their knowledge of computing skills, even if it meant punching cards :-).
The Cloud Computing solutions today will need to be driven by the CFO and the CIO's role may diminish to that of the EDP manager if the CIO is not innovative and willing to adopt cloud computing in the organization.
The CFO community can beecome cloud evangelist, with a little education and they are the future  champions of cloud computing adoption, CFO's understand the value of utilities, operating expenses (opex), risk and finally economic value and often hav a seat in the Board or at least the attention of the Board.
Cultivate and educate the CFO  and the  Board of Directors if you want cloud computing adoption.
Welcome the new avatar of the EDP Manager, the Cloud Computing Director (CCD) also known as the CFO.
Fresh coffee and action is brewing for the new avatar of the CFO - CCD !
Welcome aboard to Cloud Computing CFO's of the World !
Your coffee mug embossed with the message "Future of computing is the Cloud" awaits you.

P.S. I offer training for CFO's and Board members on  cloud computing adoption if interested contact me at subramanianls@gmail.com

Comments

Popular posts from this blog

SMAC and the Transformation of Customer Service & Dialogue

"SMAC" is the a acronym for Social, mobile, analytics & cloud the four pillars of the fifth wave of technology as defined by  Cognizant Technology the  Teaneck, New Jersey headquartered ITES company (NASDAQ Symbol : CTSH). SMAC will change the customer dialogue by leveraging on the collective strength of the Social Media Network, Mobile devices, Analytics driven by Big Data solutions and Cloud Computing as the underlying backbone of affordable and reliable engine for computation.  Let us look at each of these components and their impact on our lives today: 1. Social Media - The Social Media has seen breakneck growth and significant valuation with the winners, we have the four undisputed leaders in this segment Facebook, Twitter, Pinterest  & LinkedIn with competition from Yahoo, Google and Microsoft and another hundred more social media sites of different hues and aspirations.   2. Mobility - The way we handle and process information an...

Top 10 Changes in the Workplace - Impact of COVID-19

A lot has been said about what’s happening with the impact of Covid, on the workplace. Many of these are hard to imagine and some will require serious consideration. Nevertheless, my 20 years plus background in IT, Operations and Consulting across BCP, Security, Projects and Leadership makes me believe the following are what we can be looking forward to (at varying levels) over the next couple of years. Please leave a comment and I would love to hear your thoughts and comments too! 1.        Disinfection Chambers -  You would have to walk into the office through disinfection chambers, entry into the chamber would be post facial and iris recognition for 2 factor biometric contactless authentication.  You could then be tested   for Covid by a nurse through the use of a rapid test kit (Emirates Airline has already deployed the same for airline passengers), there would be a ten minute wait time for the results before you are let into t...

25 Years of Teletext and the India Teletext Project

Photo Credit - Theo Priestly (https://www.linkedin.com/in/theopriestley/) A post in LinkedIn on 25 years of teletext reminded me of the implementation of the teletext project in India in the early 1990's .  My first introduction to teletext was in the United Kingdom in 1990 where I learnt the finer points of horse racing in the teletext feed, it was interesting information and available with a click on the TV remote. I returned to India in 1991 and was hired as a member of the OTCEI  (Over the Counter Exchange of India) team to build India's first national fully automated stock exchange  created on the lines of NASDAQ USA.  We successfully  launched the exchange but needed a solution for  price dissemination to smaller cities. The Satellite Antenna for teletext in Mumbai (LtoR) Sudesh Puthran, author, Late R. Ravimohan, Sandeep Bagalkar & Karthik Shah   There was only one vendor for equity price dissemination those days, it ...