Technology Magazine October 2021 | Page 93

ENTERPRISE IT
The hybrid approach is what leads to cost optimisation . Although it can be useful to a company , a private cloud can require significant investment into equipment for maintenance . A public cloud turns this into an operational expense that can offset income , allowing this money to be invested elsewhere . On top of this , it also frees up IT resources .
Implementing a consistent hybrid cloud strategy To fully understand the cost benefits of a hybrid cloud strategy , Dell Technologies conducted a study . Gilderdale shared the findings with us : “ Six months ago , we embarked on a study with a global financial institution and found it was 48 % cheaper to refresh infrastructure on-premises than consume those same services from the public cloud . For customers with billion-dollar turnover , that translates into millions of dollars in savings .”
The implementation of a hybrid cloud strategy is crucial . Conway explained the amount of savings a company can make is dependent on how effectively the strategy is implemented .
The pandemic has brought about issues with implementation – a topic that Gilderdale was keen to discuss : “ In a 2020 survey , we found that 80 % of senior executives at medium and large businesses said they saw hybrid cloud ’ s substantial value . Yet only 5 % said that they had achieved their goal of having a consistent hybrid cloud . The reason being that until the pandemic , most businesses built their infrastructure piece-meal rather than with a clear strategy in mind .”
To realise the full potential of a hybrid cloud strategy , CEOs need to look into their business model to work out the best way to implement it consistently to leverage the benefits of a public and private cloud solution .
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