The past few months have seen companies investing millions of dollars in preparation for the General Data Protection Regulation (GDPR) measures instituted by the European Union. Designed to protect consumers from the distribution of their data, the regulations create conditions that could pose a threat to business agility.
The investment in GDPR measures should not be regarded as a one-off on the budget. It’s expected that most companies will find the need to implement additional policies to meet regulations, with their initial investments falling short of the requirements. At the same time, enterprises are under a lot of pressure to prioritize flexibility and agility so that they can keep pace with competitors that may be more digitally savvy.
Smart enterprises are looking at GDPR not as an isolated set of requirements, but with a long-term view that envelops these changes as part of a bigger digital transformation strategy that involves building a core IT infrastructure that is designed for collaboration between applications and business agility. This type of approach, where the underlying architecture is collaborative and flexible, will allow for better ongoing compliance.
A common threat for enterprises is that the costs related to GDPR could continue to spiral until they represent an outsized line item on the budget. Many enterprises were not ready for the May 25, 2018 deadline, and projects for compliance continued beyond the target date. Many organizations are asking how their budgets and goals will be affected if GDPR becomes an ongoing investment requirement.
The answer to this question may lie in the adoption of an open-source strategy. It gives the CIO much more flexibility while maintaining a high level of performance for most applications. For instance, the migration of a commercial legacy database system to an open source platform can reduce licensing agreement costs and eliminate fees for annual maintenance.
This doesn’t mean that an open-source alternative is the answer to everything. For instance, if an enterprise chooses an unsupported open-source solution, they’ll need to make an adjustment in their planning for the necessary staff and the operational challenge of not having dedicated support. On the other hand, with an unsupported solution, there are no direct licensing costs.
Overall, open-source solutions offer the flexibility that enterprises need to meet requirements for GDPR without it becoming too heavy a burden. Open-source products tend to be designed for interoperability with other systems, allowing them to respond quickly to fast-paced changes in technology.
To find out more about how an open-source alternative can protect your business agility goals, contact us at Compass Solutions.