Answer To: MIS603_Assessment_1 B_Brief_Case Study_Module 4.2 XXXXXXXXXXPage 1 of 6 Task Summary You are...
Abhishek answered on Jul 26 2021
MICROSERVICES ARCHITECHTURE
Table of Contents
Introduction 1
Answer to Question 1 2
Answer to Question 2 3
Answer to Question 3 6
Conclusion 7
References 9
Introduction
This assignment addresses the fundamental concepts of microservices. Through this assignment, it would be discussed how the transition of operations would help the company in maintaining profit margins and customer's satisfaction as well. The assignment deals with the shift from monolithic management services to microservices. The area of study will be based on the effectiveness of microservices and how it helps in meeting customers needs. Therefore, the assignment would elaborate on the efficiency of microservices in management procedures. Through this assignment, the detailed analysis of the shift would be justified using leadership visions.
Greer John Wealth Management company is an investment company that seeks confidence of customers based on investment portfolios. Irrespective of immense customer's satisfaction, the company has been facing specific threats and concerns from its competitors. The transition of the digital age is the new concern for the company, who was practising a monolithic platform. This is the age of technology. Customers are in greater need of ease at transactions. Being an investment company, the security of the customers is also a significant concern for Greer John Wealth Management. Therefore, the transition of approach would not only play a pivotal role in competitive advantage but also would help in maintaining the security of the customers. The company is willing to shift the operations on a cloud-based system. The cloud-based services would secure the information provided by the customers. The advent of the technology in the company would help in meeting the needs of the customers in a rapid manner retaining their absolute faith towards Greer John Wealth Management.
Answer to Question 1
Microservice levies enormous benefits on the organisation. Greer John Wealth Management will witness serious upgrades in its services if it transits from monolithic to microservices in its operations. The benefits that the company would gain are:
· Customer's Satisfaction: As mentioned earlier, this is the age of technology. Every individual is interested in getting a quick response from the organisation. Monolithic forms of business possess low structural integration and lack technological innovation. Greer John Wealth Management Pty Limited must adopt microservices to attain customer's satisfaction. Through the adoption of microservices, Greer John Wealth Management can focus its operations on building applications. Customers wish to manage their investment policies through apps. These apps would provide the customers with all the relevant data, information and offers. Microservices would offer Greer John Wealth Management, a web-scale management programme. In this way, the company could mitigate the needs and demands of the customers in an excellent way (Taherizadeh, Stankovski & Grobelnik, 2018). Through the adoption of microservices, the customers will get better and quick responses in terms of investment policies. Greer John Wealth Management can launch various applications like social media pages and official websites with the help of microservices. These apps would render faster and better services to the customers. The reliability of customers would increase towards the company.
· Security: Another essential benefit that Greer John Wealth Management would have is security. Microservices provides solutions for maintaining security as well. While monolithic form faced security issues due to the lacking of cloud-based security (Esposito, Castiglione & Choo, 2016). As derived from the case study, Greer John Wealth Management would adopt cloud-based systems for its operations. Cloud-based systems are a significant part of microservices that ensure absolute security. The valid information and the personal data of the customers can be securely stored in the cloud. Moreover, cloud-based systems also help in future references. Data stored in cloud systems can be used for future references. As an investment company, customers need to share various personal information. Cloud solutions would ensure the safety of the data, increasing the reliability and faith of the customers. Moreover, confidential integrated data of the organisation has a significant risk of leakage. The leakage of sensitive data can ruin the organisation. Therefore, microservices like Scan Docker, Configuration for vulnerabilities would strengthen the data. Cloud and cluster security would not allow natural leakage of valuable information.
· Simplicity: One of the significant benefits that Greer John Wealth Management would have is the simplicity in management. Monolithic architecture is complicated as the monolithic application is too large. In monolithic business, there is no distinct segmentation of operation due to lack of integral structure. As the integration of the structure is low, monolithic architecture does not provide a clear vision for the company (Jha, Garg, Jayaraman, Buyya, Li, Morgan & Ranjan, 2019). On the other hand, microservices are simple methods of performance. Microservices helps in decentralisation of the applications and services. When the services are decentralised or divided into smaller groups, maintenance of the services becomes easy. Services can be utilised by using different programming languages, databases and software environments. The adoption of microservices lessens the pressure of failure on an individual. Microservices incur less stress on the organisation as the work is decentralised and segmented into smaller bits making operations simpler.
Answer to Question 2
a. Several service designs are required to transfer a state of the business. The transition from monolithic to microservices requires service designs. Several elements need to be considered from the transition. The elements are:
· Market Research: One of the key elements of service design is market research. Extensive market research helps a...