202315 Aug

Maximizing data center performance by getting cloud migration right

Summary

According to an Nvidia report, 44% of financial services firms rely on a hybrid infrastructure for their AI workloads and projects.One strategy thats working is identifying how improved data center operations contribute to greater sustainability. With the CEO and other senior management team members seeing their total compensation programs indexed to environmental, social, and corporate governance (ESG) plans, CIOs tell VentureBeat that tying data center modernization to corporate-wide initiatives helps.Gaining a budget to pursue sustainability initiatives quickly becomes a core part of every CIOs cost-reduction strategy for data centers as they respond to rising energy costs, supply constraints and uncertain economic conditions. Reducing excess power, investing in clean energy and delaying replacement cycles are crucial for attaining this goal.Cloud or colocation services help CIOs consolidate data centers and close unnecessary facilities. Public cloud and colocation providers prioritize sustainable computing and clean energy to attract new data center businesses.Gartner recently found that enterprises could achieve up to 60% in cost savings by using sustainability-based initiatives to extend server life spans from three to five years. Azure Migrate provides a business case builder app with step-by-step instructions that display comparisons between on-premises and Azure total cost of ownership, year-on-year cash flow analysis and resource utilization-based insights to identify servers and workloads well suited for the cloud.C-level executives who have led successful cloud migration strategies tell VentureBeat its best to take a long-term perspective and assume that it will take up to two times as long as initial estimates.The reason: Strong resistance to change.

Source: Venturebeat

Funding

$8M
Amount
Aug 15 2023
Date
-
Investor
Highlight
Company

Classifications

Companies