Verily's Innovation Strategy: Cloud Computing & Competitive Analysis

This report provides a comprehensive analysis of Verily's strategy-making process concerning innovation, examining external factors, strengths, and weaknesses to understand how the company balances trade-offs. It emphasizes the importance of cloud computing in monitoring and improving service quality and recommends that Verily further develop its innovative measures. The report discusses Verily's mission statement, competitive threats from companies like Evolent Health, and the need for collaboration to enhance service delivery. It also highlights the importance of maintaining a balance between flexibility, local market knowledge, standardization, and centralization for sustained business success, concluding that innovative strategies are crucial for Verily's development and future competitiveness.

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Management
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Executive Summary
Aiming to generate a comprehensive view of the strategy making process of Verily in connection
to the innovations, this research report will endeavor to throw light upon the various nuances of
the strategies related to innovation. This report will also take into consideration the external
factors, strengths as well as weaknesses to analyze the various constituent sections such as the
balancing of the trade-offs. This report also plunges into a discussion of the factor of cloud
computing and its importance in monitoring and improving the quality of the services rendered
by Verily. The report strives to recommend that Verily needs to encompass and develop the
innovative measures. The report also concludes that innovative strategies are crucial for any
organizations’ development.

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Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Company Summary.....................................................................................................................3
Appropriation...............................................................................................................................5
Maintenance.................................................................................................................................5
Organization Size.........................................................................................................................6
Collaborations..............................................................................................................................6
Balance........................................................................................................................................6
Recommendations........................................................................................................................7
Cloud Computing.........................................................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

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Introduction
Inculcation of innovative measures are crucial for the development of any company. It is
extremely important to generate strategies that can assist in the perpetration and implementation
of the innovative measures. Aiming to generate a fair and comprehensive view of the strategy
making process in an established firm, this research will endeavor to delve deeper into the
various aspects such as cloud computing, its advantages and competitors. The research will also
throw light upon the competitors and the future of the aspect of innovative technologies such as
Cloud computing. This research will also delve deeper into the various arenas such as strengths
and weaknesses of Verily and the other aspects such as standardization and centralization. The
following paragraphs will endeavor to explore the various nuances related to the strategies of
innovation. The following paragraphs will endeavor to argue for the fact that Verily can
inculcate cloud computing to improve the aspect of innovation.
Discussion
Company Summary
Verily strives to inculcate innovative measures to enhance the delivery of services and to
cater to the health care needs of the people all over the world. Verily also serves to inculcate the
innovations related to innovations in biomedical enterprises (Agusala, 2018).The aspect of
mission statement, various external factors and the internal strength and weakness can be
amalgamated to generate a fair idea of the strategy of innovation. In the aspect of innovation, the
strategy that is adopted is to amalgamate efforts to achieve the mission statement. Innovative
strategies such as risk assessment methods related to health issues are adopted after taking into
consideration the major external threats and internal factors.

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a) Mission Statement: With a vision to enrich and enhance the world health data that is
available for the world to explore, Verily strives to accentuate the prevalent health
conditions (Verily.com, 2019). Given the mission statement, it is essential for Verily to
inculcate and develop the strategies for innovation. The inculcation of cloud computing
can add to the advantages. The inculcation of strategies such as cloud computing can help
in properly computing the available data in relation to health issues.
b) External Factors: External factors can pose a threat in the operations and funding.
External factors such as competition and rivalry from other existing companies such as
Evolent Health can pose a threat to the operational strategies for innovation. Rival
companies such as Evolent Health promises to bring forth changes and cater to the value
based health care systems (Evolenthealth.com, 2019). This can disrupt the operations and
funding of Verily. In order to delete this threat, it is essential to include and develop
strategies for innovation. In addition to this, it is also seen that the threat of replacement
by external companies can impede the operational aspects and reduce the funding given
to the afore-said company. To erase this, it is important to emphasize upon the
inculcation of cloud computing. The threat of being replaced is quite high because
studies reveal that the technological advancements are accentuating with each passing
day. Therefore, the incorporation of cloud computing measures can guarantee the arrival
of innovative and supportive business measures (Chang et al., 2016).
c) Strengths and Weaknesses: One of the major strengths of Verily is that it has captured the
position of one of the most innovative firms that is operating. A closer look at the
products offered by Verily will depict the innovative tool of risk prediction tool that is
used to measure the chronic disease (Verily.com, 2019). Despite this fact, it is seen that

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Verily also exhibits weakness. One of the major weakness of Verily is that it is solely
dependent on a fewer number of employees. In addition to this, Verily also focusses on
other areas such as aspects of the environment.
Appropriation
The above-mentioned company regulates and appropriates the resources to adjudge the
proper value of the innovation measures and strategies. Verily appropriates the resources by
amalgamating the available resources to generate innovative technological enterprises. In
addition to this, to determine the proper value of the innovative implementations, Verily strives
to understand the value by experimenting and accentuating the innovations in their products and
services. Verily also inculcates the aspect of calculating the market potential for the innovative
measures. Studies reveal that incorporating the measure of computing the market potential for
the innovative ideas and innovative product launch can assist in future endeavors (De Steur et al.,
2015). The innovative idea of cloud computing can also be incorporated to measure the market
potential for the ideas.
Maintenance
In order to maintain and control the trade-offs and to protect the innovative measures, it is
important for companies to adopt certain strategies. In the case of the above-mentioned firm, it is
important to inculcate the ideology of getting acquainted with the prevalent temperament and
diseases pattern. Needless to say, Verily also inculcates the idea of knowing and gauging the
prevalent needs and contrasting ideas to control the trade-offs. They protect the innovations
options by adopting the measures such as adoption of strict vigilance and internet protection.
Studies reveal that using advanced BIOS and copyright measures, IBM could protect its software

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(Anon, 2019). Needless to say, the above-mentioned company also has included the aspect of
advanced BIOS to protect its innovative measures and ideologies.
Organization Size
The small size of the organization can assist in the decision making process. The size of
the organization enables to arrive at concrete decisions. Studies reveal that small sized
organizations can arrive at comprehensive decisions without the creation of many conflicts or
other issues.
Collaborations
Studies reveal that collaboration amongst companies and collaboration with the NGOs
are required to enhance the functioning of the companies and to ensure a better future (Den
Hond, De Bakker & Doh, 2015). In this case, collaborating with NGO’s will help in recognizing
the prevalent problems. The collaboration that is needed is that in order to enhance the health and
other services, it is important for Verily to indulge in collaborative practices. Indulging in
collaborative practices such as collaborating on activities such as innovation inclusion can ensure
the greater delivery of service. Collaborating with companies such as Evolent Health can pave
the way for the creation of better services that can be delivered. The collaboration is needed to
ensure the correct computing of measures and assessing the risks and the warning signal for
diseases. In addition to this, the collaboration that is needed is that Verily must collaborate with
firms that offer better and enhanced version of cloud computing. This can assist in the better
development of the facilities and assist in enhancing the monitoring facilities, which in turn, can
assist in the early detection of various diseases.

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Balance
In order to, successfully retain the business endeavors and to sustain in the future, Verily
has adopted measures to amalgamate the various aspects related to flexibility, local market
knowledge, standardization and centralization. Studies reveal that the benefits of trade-offs
amongst the various factors requires proper balancing (Europeanfinancialreview.com, 2019). To
balance these varied factors, the organization have adopted the measures related to integrative
approach that strives to integrate and balance the various benefits generated from the factors.
Recommendations
 It is recommended that the organization should endeavor to inculcate and improve the
existing strengths related to innovative ideas and their availability.
 It is recommended that the organization should develop and expand its innovative
strength by expanding its technological base by the inclusion of better methods of cloud
computing to monitor and detect the development of the health related ailments.
 It is also recommended that to improve the future prospects of easing the health processes
and to delete the competitors, the organization must endeavor to enhance the available
resources and to inculcate the myriad advancements.
Cloud Computing
The facility of Cloud Computing has served the function of being the most important
tool that is available for the process of computing (Ahmed, M., & Hossain, 2014). In addition to
this, this tool chiefly focuses on the inculcation of innovative technologies. It has to be said that
there are many competing firms providing the services of cloud computing. It is seen that
Amazon has started offering elastic compute cloud that serves to emerge as a competitor to other
organizations. (Amazon Web Services, Inc, 2019). In addition to this, Microsoft Azure also

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promises to cater to the needs and to serve as a competitor to other companies that offers cloud
computing (Azure.microsoft.com, 2019). For Verily to serve as a competitor providing cloud
computing, it is necessary to inculcate the measures of cloud computing.
Cloud computing is a major service that will be available for the future. The future of
cloud computing rests in the fact that owing to the technological advancements and interventions
throughout the world, it is possible that cloud computing will be the only option that is available
to serve the needs of the future. It can also be said that many innovative faculties and aspects can
be adopted due to the availability of cloud computing. One of the major innovative advantages of
cloud computing is that it can allow the companies to ensure security and enhance the
monitoring measures following an innovative manner (Mohammed, 2014).
Conclusion
After analyzing the above-discussed ideas, it can be mentioned that the chosen
organization or Verily needs to adopt certain measures that can ensure the inculcation of the
advanced technological areas such as Cloud Computing. Analyzing the strengths of Verily, it can
be concluded that Verily is capable of employing the method of cloud computing to monitor and
track diseases.

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References
Agusala, K. (2018). Cultivating biomedical innovation.
Ahmed, M., & Hossain, M. A. (2014). Cloud computing and security issues in the
cloud. International Journal of Network Security & Its Applications, 6(1), 25.
Amazon Web Services, Inc. (2019). Amazon EC2. Retrieved from https://aws.amazon.com/ec2/
Anon, (2019). [ebook] Available at:
http://file:///C:/Users/LAPTOP_MP00204/Downloads/3041892_1317965465_booksourc
e%20(1).pdf [Accessed 3 Feb. 2019].
Azure.microsoft.com. (2019). Microsoft Azure Cloud Computing Platform and Services.
Retrieved from https://azure.microsoft.com/en-in/
Chang, V., Walters, R. J., & Wills, G. B. (2016). Organisational sustainability modelling—An
emerging service and analytics model for evaluating Cloud Computing adoption with two
case studies. International Journal of Information Management, 36(1), 167-179.
De Steur, H., Blancquaert, D., Strobbe, S., Lambert, W., Gellynck, X., & Van Der Straeten, D.
(2015). Status and market potential of transgenic biofortified crops. Nature
biotechnology, 33(1), 25.
Den Hond, F., De Bakker, F. G., & Doh, J. (2015). What prompts companies to collaboration
with NGOs? Recent evidence from the Netherlands. Business & Society, 54(2), 187-228.
Europeanfinancialreview.com. (2019). Options Games: Balancing the trade-off between
flexibility and commitment | The European Financial Review | Empowering

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communications globally. Retrieved from http://www.europeanfinancialreview.com/?
p=2093
Evolenthealth.com. (2019). Evolent Health. Retrieved from https://www.evolenthealth.com/
Mohammed, J., Lung, C. H., Ocneanu, A., Thakral, A., Jones, C., & Adler, A. (2014,
September). Internet of Things: Remote patient monitoring using web services and cloud
computing. In Internet of things (iThings), 2014 IEEE international conference on, and
green computing and communications (GreenCom), IEEE and cyber, physical and social
computing (CPSCom), IEEE (pp. 256-263). IEEE.
Verily.com. (2019). Projects - Verily Life Sciences. Retrieved from https://verily.com/projects/
Verily.com. (2019). Verily Life Sciences. Retrieved from https://verily.com/