Businesses in the past, present and future will always be looking for efficient ways to cut costs within their operations without threatening the quality of their products and services. An essential and very relevant contributor to organisational cost reduction is the company's operational efficiency. The thing is, operational efficiency isn't just beneficial for businesses from a monetary aspect; it has various implications to customer retention and meeting customer demand.
Resource allocation plays an essential role in all of this, as choosing the right projects to spend on will generate preferable business outcomes. In the current volatile ecosystem, making the right choices is more important than ever as organisations have to deal with evolving business models and unpredictable conditions.
Now, every business knows that operational efficiency is essential in maximising productivity and propelling their businesses forward. But why is it so hard for organisations to achieve that goal?
Well, one particularly glaring reason may be the limited visibility that organisational leaders have regarding their IT spending. The lack of knowledge of technological necessities in this technology-driven world can have significant repercussions as companies overspend and are unsure where to cut costs in terms of their IT spending.
High dependence on legacy systems that is very common in most of today’s organisations is also a contributing factor that hinders businesses from ensuring efficient operations. Although technology has evolved dramatically, companies are either too scared to make the shift or face systems that make it harder and harder to migrate.
The Versatility of Google Cloud
The argument has been made repeatedly that the shift to the cloud is inevitable for organisations looking to move forward to the present. Just like there are many obstacles for businesses to undergo this cloud migration, cloud providers like Google Cloud have been known to create useful functions to assist IT leaders and organisations amid their technological transitions.
As we've established prior, cost-saving measures are intertwined with operational efficiency. A McKinsey study revealed that many CIOs believe that infrastructure modernisation can be cost-efficient, reliable and agile. Let's take a deeper look into what Google Cloud offers to assist your businesses.
Google Cloud Anthos is a Google Cloud product that is beneficial to organisations in terms of multi-cloud and hybrid cloud app development, management and security. Bringing agile and flexible cloud-native tools to help you survive the fluctuating environment. As an application modernisation platform, Anthos provides you with a fast and straightforward way to progress your applications, whether on-premises or in public clouds. With Anthos clusters on bare metal, you can modernise apps throughout their lifecycle on existing infrastructure, cutting down on both licensing and training costs. Maybe some statistics will get you interested. In a study conducted by Forrester, Anthos customers experienced a 40% to 55% increase in platform operations efficiency and up to 4.8x Return On Investment (ROI).
Let’s face it; hardware refreshes are very costly but necessary to ensure capacity and performance goals are met. The better alternative to replacing your hardware would be to migrate VMs to the cloud. This way, you would not need to refresh your hardware, and it would reduce your on-premises infrastructure cost. Migration of VMs can be done in two ways, using the Google Cloud VMware Engine or Migrate for Compute Engine, which may later benefit you should you choose to modernise into containers. In terms of cost, Google Cloud VMs don’t come with upfront costs or termination fees.
These are only some of the cost and operational benefits of Google Cloud. You can head over to their "Solving for Operational Efficiency with Google Cloud” whitepaper to learn more about it.
A New Approach to Delivering Managed Cloud Services
Having established the multitude of resources available to you from Google Cloud, you may want to jump straight in and start leveraging the power of the cloud but may not exactly know how to do so in the most cost-effective way. Well, in this situation, you need to find some support to lead you in the right direction, whether you're starting your migration or encounter problems mid-process.
It's understandable if companies are apprehensive about cloud migration as it can be costly at times, and managing multiple cloud services takes up a lot of effort from the organisation's internal IT team. It would be so much easier for you if there were a group of on-demand cloud specialists that you can contact to help you through any headaches along your cloud adoption journey.
Wait, there is! A fairly new solution from Rackspace is their Elastic Engineering service. You may be wondering, what’s so elastic about it? This service is a scalable and flexible way of delivering a pod-model managed cloud service. Elastic Engineering customers have access to a dedicated pod of 9 cloud specialists to assist in cloud migration, architecture, automation, reliability and security. Taking on the headaches of the management of your cloud services and letting your IT team focus on other internal matters. With their straightforward hours-based tier pricing, you have the flexibility to scale according to your business needs getting expert advice at a very cost-effective rate.
More importantly, in terms of money-saving, these experts can give you recommendations on cloud optimisation in the form of guidance on reducing cloud spending to ensure that you are only paying for what is necessary for your business. With their expertise, you will have access to spending and operational analytics to help you make accurate budgets for the progression of your organisation.
Rackspace has partnered with many cloud platform providers to help you decide on the best services for your business. Interested? Click here to learn more about Rackspace Elastic Engineering.