The C-suite leaders are constantly looking for opportunities to accelerate their business growth. However, the continuous expectations of consumers are building a puzzle among them. And, as businesses are turning data-centric in nature, it calls for new storage initiatives. It is indeed battle to contain costs with the data sprawl.
This is where building a right IT infrastructure matters. Gartner reported that IT infrastructure and operations (I & O) constitutes around 60-70 per cent of the enterprise IT budget which is referred as- “keeping the lights on”.
On the other hand, a Mckinsey report stated that “54 per cent of the “top” IT organizations were dedicating between 11 and 40 per cent of their budgets to innovation” including infrastructure. The innovative infrastructure must not only provide business agility required to today’s IT leaders, but also allow cost flexibility. Isn’t it a challenge in itself ?!
How do we solve this major challenge of IT leaders today without losing their place in the competition?
Modernizing the IT storage infrastructure is the answer. The key process of modernizing involves cloud digital transformation. With storage as a service, IT organizations can rent space in the cloud infrastructure. It allows the cloud
applications to scale in and out beyond the limits of a physical server. It also permits the members to save data and access them when required.
Cloud storage as a service can allow businesses to gain efficiency at lower costs while significantly increasing their business agility. Storage as a Service is a way that permits large businesses and SMEs with an array of ways to reduce the costs involved in storage.
“In many cases, I&O leaders can simplify their infrastructure without significant additional capex or opex investment,” says an IT leader. One of the most effective ways is taking the best out of storage as a service.
It allows the IT organizations to increase the storage with increase business requirements and shrink when not required. It supports the company’s growth and reduces the capex for storage.
Virtualization of storage reduces the total cost of ownership to a great extent. As the storage is centralized and managed, it enhances the usability and efficiency. Additional storage capacity costs are avoided and save the costs due to maintenance.
Remove the Costs of Storage Management
Most often virtualization of the data eases up the process of consolidating storage capacity. “Consolidation is a reduction in the number of physical servers, while rationalization is the reduction of the variety of different server types.”
This consolidation and standardization resources decreases the complexity of the infrastructure. As the processes of management, is carried at every instance and is automated on the cloud, additional costs for management are discarded.
Flexible Chargeback Model
By using, cloud storage as a service, the organization only have to pay for the space that is actually being used rather than paying for the entire space (without the spare capacity). The organization need not pay for the idle space which may or may not be used later.
Storage as a service not only provides enterprises with enormous benefits in terms of storing, it also saves costs involved in disaster management. Often hardware or software has to be licensed to ensure the security and prevent loss of data or even for replication or point-in-time copy. Disaster recovery becomes a part of storage as a service to ensure security of data.
Faster Go-To-Market Time and Increase ROI
Increased automation, rapid deployment and elastic scaling increases business agility and decreases the time taken to reach the market of new products. Organizations can emphasize on building their core features and competencies, instead of worrying about the IT infrastructure.
Even though cloud storage as a service is still an emerging paradigm, it offers businesses strategic approaches to lower their costs and build a robust network infrastructure. These may vary based on the underlying storage infrastructure.
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