To begin this course, go to the main page ITIL 4 Managing Professional Certification Course.
4. High Velocity IT (HVIT)
1. Digital organization
Key message: a digital organization is one where digital technology enables them to do business significantly differently, or do significantly different business
Digitally‐enabled organization might be a better term
Digital technology is:
Digital first is part of the culture
2. Digital products
Key message: a product is a configuration of an organization’s resources designed to offer value for a consumer. A product is digital when the consumer experiences digital technology in the goods, resources, or interactions
Products are provided to consumers by services that enable value co-creation
Consumers acquire goods, and interact with the service provider
Value is co-created when consumer applies their resources to use the product
Many services provide consumer with both digital and physical (or analogue) experiences
3. Digital technology
Key message: digital technology is technology that digitizes something. Digitization is the process of transforming something from analogue form to digital form, in other words expressed in (binary) digits
Digital technology includes IT and operational technology (OT)
IT is storing, retrieving, transmitting and manipulating data (only creates value when someone acts on a decision made using that data)
OT is using data to take physical action (car engine control, electricity grid, etc.)
4. Digital transformation
Key message: digital transformation is the use of digital technology to enable a significant improvement in the realization of an organization’s objectives that could not have been feasibly achieved by nondigital means
Enables an org to do business significantly differently OR to do significantly different business
Often includes major investment in digitizing, robotizing, or automation
Often requires organizational change because digital solutions are used differently
Transformation is a major change but it can be agile and incremental (some organizations need smaller improvements, not transformation)
Transformation involves costs and risks
When is transformation appropriate ?
5. High velocity IT
Key message: high velocity IT is the application of digital technology for significant business enablement, where speed is crucial. It is not restricted to fast development ‐ high velocity is required from innovation through development and operations to actually realizing value
High velocity does not reduce service utility or warranty
It’s not binary, can be higher or lower
Velocity is speed AND direction must be doing the right thing fast
Increasing velocity has costs and risks:
6. IT transformation
Key message: where business and IT are regarded as separate organizational functions, “IT transformation” can be used to denote major change to improve how IT services are provided
How IT systems and services are developed, run and supported
If IT is not separate from the business, then there is no clear distinction between digital transformation and IT transformation
Go back to ITIL 4 Managing Professional Certification Course for the other chapters if you completed this High Velocity IT (HVIT) chapter.
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