Effective IT budget spending via cloud post-pandemic

Effective IT budget spending via cloud post-pandemic (1)

The pandemic bought to the forefront, various areas an enterprise was lagging at and potential solutions to resolve the vulnerabilities as well

Enterprise has had the chance to observe the advantages and limitations of the IT landscape due to the unprecedented global pandemic. Now it is time that businesses start focusing on the post-pandemic era, armed with these new learnings.

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They need to analyze how to meet different priorities and needs with possibly reduced resources; the significant hurdles being that majority of the enterprises were dependent on legacy infrastructure. Among other disadvantages, an organization’s major chunk of the IT spend also was on these.

CIOs believe that crucial changes, like the migration of on-premise workloads to cloud platforms, will help boost agility, pay ROI dividends, and reduce costs in the long-run. The current scenario, however, makes the implementation of changes a bit complicated.

Enterprises need to consider multiple factors before opting for changes. They need to be updated with the latest practices and tools relevant to cloud-fueled technology to optimize costs and prioritize investments.

Leveraging of new tools for IT cost reduction and cloud agility

In the unpredictable environment of the current scenario, enterprises require an architecture that allows flexibility and agility to embrace changes easily or even take advantage of the changes.

The latest container-based cloud-native services and tools have come up to fulfill this requirement. They intend to streamline and boost app modernization, both on-premises, and public clouds.

New tools enable enterprises to secure, manage, and develop modern cloud apps at a large scale across multiple clouds and use the existing hosting investments.

This can help reduce training and licensing costs, increase the efficiency of operational departments and development speed.

Migration of VMs to cloud to reduce on-premises infrastructure costs and avoiding expensive hardware upgrades

CIOs believe that the migration of cloud workloads to the cloud is an advantage harvesting the benefits of a hybrid cloud. This can be done simultaneously with cost reductions and streamlining of operations, though it is a complicated task.

To resolve the issue, organizations have opted for wholly managed SaaS from cloud providers that can run and migrate cloud workloads easily.

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It serves as a good option for enterprises aware of the benefits of migration to the cloud but considers the process challenging. Migration is not merely moving applications; it involves shifting backup, monitoring, disaster recovery, security policy changes, etc.

Utilization of SaaS ensures the advantage of scale, security, and performance of the cloud without updating the factors during migration.

Significant modernization of data warehouse for seamless access to advanced analytics and scalability

CIOs point out that legacy data warehouses aren’t designed to manage the exponential growth of data in the current environment. They aren’t optimized to scale efficiently and quickly or deploy advanced analytics.

Traditionally legacy data warehouses are expensive to maintain and even purchase. They run out of capacity quickly and thus are incapable of handling higher business analytics demands. Like this, replacement big data solutions are complex to be operated at scale, need specialist skills for operations, and have disadvantages of infrastructure capacity.

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In the current scenario of dynamically changing consumer behavior, data warehouse modernization can enable growing analytics requirements by boosting efficiency and agility via serverless analytics. All of this at a reduced cost. Cloud data warehouses are capable of driving actions and insights at a faster pace.

Thus CIOs can make informed and smarter decisions and improve business operations. It also allows easier access to advanced analytics via ML and AI.

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Megana Natarajan is a Global News Correspondent with OnDOt Media. She has experience in content creation and has previously created content for agriculture, travel, fashion, energy and markets. She has 3.9 years’ experience as a SAP consultant and is an Engineering graduate.