Hybrid computing strategy is key to slack resilience

Cloud computing and cloud computing have skyrocketed in popularity over recent years, and the vast majority of businesses use one or the other. Both computing strategies have unique strengths, but what many organizations don’t realize is that for many industries, adopting a hybrid model, using both cloud and edge computing capabilities, creates an optimal experience for customers and organizations alike.

IT budgets are expected to rise in 2023, but a looming recession adds additional stress to the budget creation process. IT leaders are under great pressure to make strategic technology investments that will drive business growth. No company is in a position to waste money on ineffective digital solutions, and when assessing their 2023 budget, organizations need technology resources that enhance the customer experience, provide optimal agility, and help organizations outperform their competitors. When implemented properly, a hybrid computing strategy is an excellent tactic to achieve the following goals:

customer experience

73% Of all US customers list customer experience as one of the biggest determinants in their purchasing decisions, superior price, and product quality.

When used alone, cloud computing and edge computing have dramatically different processing experiences. For example, when using online cloud computing, businesses regularly experience performance issues that can stall processing time, leading to lower productivity and customer dissatisfaction. On the other hand, edge computing brings computing resources closer to where they are needed, be it a device or a user, which leads to faster data processing. Used in tandem, cloud computing makes data more accessible, while edge computing brings data closer to where it’s needed to get things done. This is especially important for industries like healthcare or banking — whether someone is using an ATM, or a medical emergency occurs that requires tasks to be completed quickly — real-time data collection and processing is an integral part.

If a customer is choosing between two companies, and a website or mobile application takes a long time to load, while the other loads in a fraction of the time, the latter has a huge advantage that directly translates to the success of the organization.

Expandability

The economic downturn has companies across all industries unsure of what 2023 will bring to their businesses and looking to invest in scalable solutions that ensure minimal waste of money. The hybrid computing approach allows companies to only pay for the computing resources they need, exactly when they are needed, saving organizations a significant amount of money. When using a hybrid strategy, companies can lease resources as needed through the cloud, and can increase or decrease computing power according to demand, growth, or lulls.

This is particularly useful for an organization planning an initiative that requires high levels of computing power, such as launching a new application, as it can invest in more resources to support the expected higher levels of traffic. During times of economic turmoil, flexibility and adaptability are essential to success — hybrid computing provides both.

Faster product deployment

The IT landscape is changing rapidly, and new products and developments are being launched at an incredibly fast pace. To stay ahead of the competition, organizations need to be able to develop and launch products faster than ever before, especially rather than having a tight developer workforce. A hybrid computing strategy enables companies to bring products to market faster by providing access to highly scalable cloud resources. This reduces the overall time it takes to launch a new product and ensures that organizations only pay for what they need, which is very important as budgets are tightening.

Besides offering a large number of advantages, the strength of a hybrid computing strategy lies in the ability of both edge computing and cloud computing to address each other’s pain points. Where cloud computing lacks in processing time, edge computing excels; Where edge computing performs lower in terms of ease of access to data, cloud computing provides.

Application

Different industries have different needs and if an organization is interested in implementing a hybrid computing strategy, it is important to keep in mind that different industry- or organization-specific factors will influence what the best hybrid computing solution looks like.

For example, if your organization operates in a compliance-heavy area, such as finance or government, you must ensure that the hybrid strategy meets all regulations. For CIOs who do not have experience implementing a hybrid computing strategy, they should seriously consider bringing in a third party such as a consultant or managed services provider with domain expertise to provide insight into successful implementation, how to reap the most benefits, and how to avoid any challenges. Logistics.

As organizations look for ways to reduce costs and maintain a competitive advantage during times of economic volatility, companies that embrace innovative solutions to meet and exceed bottom lines will emerge stronger than before. On the contrary, companies that adhere to the same strategy that you use will be left behind. If an organization is open to innovation and looking to improve processing speed, enhance customer experience, and get ahead of its competitors, a hybrid computing strategy may be a smart move to enhance slack resilience.

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