CTMO – Deloitte On Cloud Blog | Deloitte US has been saved
Steering your cloud journey forward
Today, organizations are increasingly adopting cloud to support business growth and deliver new digital solutions for their employees and customers. However, maximizing the value from an investment in cloud often requires an organization to shift its operating model and transform its technology service delivery. To ensure an organization’s goals are top of mind throughout the process, it is beneficial to establish a cloud transformation management office (CTMO), a governance and management structure to guide the transformation and prepare the organization for the journey to the cloud.
Why you need a CTMO
Organizations may face multiple challenges when adopting cloud.
A CTMO helps mitigate these risks by ensuring the commitment and ongoing support of key stakeholders and communicating value realization to executive sponsors. A CTMO also provides focused guidance and governance that ensures successful and timely completion of transformation initiatives.
A mature CTMO identifies, prioritizes, and tracks cloud transformation goals and ensures that the value of transformation (e.g., faster speed to market, lower cost of operations, greater access to innovation) is realized by focusing on the key performance indicators identified at the outset of the project. It also oversees the allocation of budget and resources across transformation projects while holding stakeholders accountable for budget and resource management. Further, it prepares the organization to continually innovate and transform once cloud has been adopted, ensuring not just that benefits are sustained, but also that they grow over time.
How it works: Core CTMO capabilities
Key capabilities within a CTMO that enable oversight of various initiatives and their management are:
Getting it right: A quick-start guide to CTMO implementation
Implementation of a CTMO is unique to each organization, but there are broad steps that can be taken to make the implementation of a CTMO more effective.
CTMO in action
Deloitte recently chartered and ran a CTMO for a major real estate client that moved more than 95% of its applications to the cloud while modernizing its core systems. The team established early goals and objectives, defined a clear transformation road map, and drove ongoing governance and coordination across the organization. As a result, the CTMO oversaw the migration of more than 600 applications from three data centers to the cloud in less than 12 months. The organization achieved reduced IT service delivery costs, improved speed to market, and faster software release cycles, as well as increased productivity and improved technology recovery capabilities.
Clearly, a CTMO can be a game changer for an entire organization.
As the chief cloud strategy officer for Deloitte Consulting LLP, David is responsible for building innovative technologies that help clients operate more efficiently while delivering strategies that enable them to disrupt their markets. David is widely respected as a visionary in cloud computing—he was recently named the number one cloud influencer in a report by Apollo Research. For more than 20 years, he has inspired corporations and start-ups to innovate and use resources more productively. As the author of more than 13 books and 5,000 articles, David’s thought leadership has appeared in InfoWorld, Wall Street Journal, Forbes, NPR, Gigaom, and Lynda.com. Prior to joining Deloitte, David served as senior vice president at Cloud Technology Partners, where he grew the practice into a major force in the cloud computing market. Previously, he led Blue Mountain Labs, helping organizations find value in cloud and other emerging technologies. He is a graduate of George Mason University.
Tim is a principal in Deloitte Consulting LLP’s Technology Strategy and Engineering practice and serves as Deloitte’s US Engineering Leader for Insurance, Investment Management, and Real Estate sectors. He has more than 20 years of strategy consulting and technology transformation experience and has worked with Fortune 500 organizations around the world. Tim has extensive experience partnering with senior executives to define business-led technology transformation strategies, establish executable implementation roadmaps, and shift an organization's operating model to capture the full benefits of a transformation. In partnership with his clients, Tim has scaled agile delivery practices to thousands of professionals across the globe, modernized legacy applications, built new solutions on cloud-native platforms, and launched modern data and analytics solutions. Tim has helped his clients to expand into new markets, capitalize on growth opportunities, accelerate speed to market with new products and services, improve bottom line performance, and minimize operational risk. Tim holds an MBA from the University of California, Berkeley and a BS in Information Systems from the University of Maryland, College Park.