As we have written about a few times recently, many businesses have felt a multitude of limitations as a result of covid-19 but in addition to this, they have also seen a few benefits realised as a result. Especially when it comes to their IT arena that they work within. Many companies are now starting to look toward life after the pandemic in what may be a challenging environment for many digital and IT projects looking to get off the ground and explode into life. A lot of businesses are unfortunately over reliant on legacy and outdated systems infrastructure with some of these systems accounting for a huge 74% of a company’s IT spend on average.
Some of the most important changes that can be made will eventually work to help reduce the cost of these activities in the long run as well as increase the agility and also pay dividends out through return on investment. When businesses are looking into these cost efficiencies to help move their organisations forward from the pandemic; this may initially look much easier said than done thanks to a multitude of issues presented with the situation we currently find ourselves in. Businesses need to become much more empowered with knowledge as well as the best tools that can be at their disposal if they need them; to help the move closer into a cloud-enabled; agile world full of efficiencies and benefits. Here are a few points that businesses can take a look at in order to understand how they can spend their IT budgets to better supply these efficiencies and productivity advancements.
New Cloud Tools Help Long Term Reductions
During these strange, confusing times; many companies now need the correct internal structures that will allow the flexibility to transform and adapt their business to any future disruption. If this pandemic has taught us anything, it is that we can now rule nothing out in terms of future preparedness. Many cloud based tools and SaaS platforms have emerged to help with this to enable the acceleration of the modernisation of IT systems to help the entire business.
Migrate VMs To The Cloud
One thing that many businesses would do well to help with avoiding the potential setbacks that a rollback may cause would be to migrate VMware to the cloud. This would help them take advantage of an almost hybrid setup between offline/on-premise servers and more cloud, online centric platforms of data. This then allows the streaming of data which lets businesses still take advantage of cloud technology but are put off by the cost and are worried about the task of migration.
Modernise Data Warehousing
The amount of data will go from 33 ZB to a huge 175 ZB between the years of 2018 and 2025 according to IDC which is a massive increase in the amount of data processed and shared between businesses. The currently existing data warehouse capabilities were never originally built to cope with this huge amount of data processing and exchange, and also analyse. They are now becoming incredibly expensive to purchase and look after; which is adding to businesses costs year on year. The processing power needed in order to manage this large amount of data and effectively analyse it for essential business insights is now becoming tough to manage effectively. Modernising data warehouses will vastly improve this issue and through the use of AI and Machine Learning, businesses will be up to 2.3x more likely to succeed through industry disruptions just like the coronavirus on average.
Artificial Intelligence Is The Way Forward
One of the cornerstones of the developments of technology is the advancement of AI to help businesses run complex decision making programmes to help speed up processes. Almost all industries have started shifting to accommodate people’s needs thanks to the pandemic and many businesses have seen huge increases in the number of people contacting them for support queries. AI that specialises and monitors speech and understands language modelling in real time helps businesses quickly solve problems and issues for customers, increasing satisfaction. This also then allows the customer service agents to deal with more complex issues with better understanding and more detail.
Enable Teams To Become More Efficient
It is incredibly important to ensure that the software you are using is there to better serve employees in order to help them work in a much more efficient and productive way by adapting the software that they are working with. Allowing them to work seamlessly between home and office is paramount to ensuring that the work-life switch isn’t draining on resources or the amount of work that gets done by employees. A quick shift to cloud based applications has been the way forward for many businesses but it is important to ensure that you are now looking into more long-lasting solutions that are built for your business; future-proofed to ensure that there are no issues with growing the business whilst enhancing what you do with the best cloud software technology.