March 23, 2019 - 176 views
|Hybrid cloud offers a multitude of benefits. But to make the shift successfully, organizations must overcome these four key challenges.
According to IDC, public cloud IT infrastructure spending in the second quarter of 2018 saw a nearly 59% year-over-year increase, more than double the spending growth on private cloud infrastructure during the same period.
This shift to cloud, and particularly hybrid infrastructure, is being driven by decision-makers who realize the increasingly critical role hybrid cloud stands to play in enabling a more flexible and agile business without disrupting core business activities.
A U.S.-based financial services company experienced these benefits first-hand when it undertook a large-scale shift to a hybrid cloud infrastructure. We helped the company realize 40% savings in policy operation costs, faster product development and launch speeds, and harmonized processes across the business.
However, enterprises need to overcome multiple challenges to achieve hybrid cloud benefits. Here are some key factors they must take into account to achieve success in their cloud migration endeavors:
We’re working with a large British multinational energy and utilities company to fully migrate to a hybrid cloud infrastructure by 2021. This involves helping the business improve collaboration, boost workforce productivity and enhance customer experience through application modernization.
Some of the key challenges faced by the company include phasing out legacy systems, operational overhead, a lack of standardization across tools, processes and systems, and establishing a capacity-based pricing model. By employing our HiveCenter automation platform, standardized services and a digital assurance strategy, the company expects to reduce overall administration costs by 50% and realize 40% savings in service costs. The company is already seeing lower TCO and has accelerated product launches by 30%.
With more businesses leveraging cloud capabilities, it’s imperative to chart a path that’s mindful of the challenges of hybrid cloud migration. By mapping out a business strategy that focuses on these elements, businesses can avoid critical failures in their hybrid cloud migration and realize the full array of benefits.
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