Is Cloud infrastructure the key to digital transformation?
Updated: Sep 11
Many law firms coming through the COVID era will have had a wake-up call to start their digital transformation, if they haven't already started. But what is digital transformation?'
Put simply, it is the harnessing of modern technology and digital services, to further enhance business processes, culture, and flexibility. Digital transformation is designed to ensure a business can keep up with changing market conditions and channels of demand.
Digital transformation gives a great level of flexibility within any business, as it allows staff to utilise cloud-based services and online portals, as opposed to doing everything over the phone or via pen and paper. The most valuable thing to consider for any business when considering digital transformation is the extent to which you will invest in cloud infrastructure.
In a survey carried out by Cloud Industry Forum, more than 80% of respondents believed that it was either critical or very important to be using cloud services to support their digital transformation. It goes without saying that the more you utilise cloud infrastructure, the more flexible you will be in times like these. Up to 93% of businesses already use cloud services to some degree, so it would only make sense to dive further into what is possible with other, more enterprise-level cloud solutions, such as:
Microsoft 365 - A great cloud-based service for additional security on data, documents, and users, where businesses can benefit from being able to collaborate real-time on projects. Senior team members are also able to implement administrative controls, and chat with fellow staff members using the built-in Microsoft Teams service.
Microsoft Azure - Businesses can turn to this cloud service for multiple purposes. Azure is a fully equipped digital deployment platform, where virtual desktops can be implemented and managed securely, and applications can be tailored and developed around a business’ requirements. Azure is great for any digital transformation, as there are endless ways for you to bring your physical infrastructure into the cloud network it offers.
A CLM and eSignature solution - When planning your digital transformation, having a solution like DocuSign CLM and eSignature means law firms and corporate legal teams can turn around contracts much faster while still maintaining quality. This is a total game changer if you want to streamline the Contract Management process.
Being able to use these kinds of applications to your advantage will put you steps ahead of your competition however, this comes with its challenges: many law firms or corporate legal teams struggle to get the support they require in order to tailor these cloud services around their business needs.
This could be due to pre-existing road blocks such as skills shortages, not having the budget to scale up cloud solutions if it were necessary, or simply not having the support from their current vendor, that is if they already have one. Some businesses decide that digital transformation is necessary, and they can often dismiss the flexibility and reliability available from using cloud solutions. As a result of this, they don’t end up reaching out to a vendor or an expert.
Around 56% of respondents in the survey mentioned above stated that they were actively looking for strong and trusting relationships with vendors/suppliers. What’s more is that 51% of these businesses stated they were seeking the deep technical know-how, i.e. the skills and expertise required to get the most out of their digital transformation.
Our goal has always been to help law firms or corporate legal teams small or large make the most out of cloud solutions when undergoing digital transformation, get in touch with us today to learn more - email@example.com,uk