Two-Speed Technology

We know how difficult it is to juggle planning for innovation and agility while keeping a foundation of stable and secure systems. This is where the concept of Two-Speed technology comes into play.

So what is Two-Speed technology? Two-Speed technology refers to an approach that enables companies to balance innovation and stability by separating their systems of record (core technology systems) from their systems of innovation (newer, more agile systems). In other words, it allows companies to have two different speeds of technology, one for traditional systems of record and another for more innovative systems. By doing so, companies can accelerate innovation with minimal risk to their systems of record.

For businesses in the Australian market, this approach offers numerous opportunities to stay competitive and drive growth. By investing in systems of innovation, companies can quickly develop new products, services, and processes to meet changing customer demands and market conditions. At the same time, the stability of systems of record ensures that critical business processes such as accounting, payroll, and supply chain management remain secure and uninterrupted.

However, implementing Two-Speed technology requires careful planning and execution. Companies must identify their systems of record and innovation, establish clear governance, and develop a roadmap for migrating from legacy systems to new ones. FORMM can help you navigate this process and ensure a successful transition to a two-speed technology environment.

We have a team of experienced consultants specialising in technology strategy, governance, and transformation. Our consultants work closely with you to understand your business needs, identify opportunities for innovation, and develop a customised roadmap for implementing Two-Speed technology. Our proven methodology and expertise can help you balance innovation and stability and drive growth for your business.

Is your business ready to accelerate with Two-Speed technology and thrive in Australian market while balancing innovation and stability by separating systems of record from systems of innovation? FORMM is here to help you navigate this journey and achieve your business objectives. Please get in touch with us if you have any questions or want to learn more about our services.