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Over the past two years, IT teams have been under immense pressure and had to urgently rethink their architectures to support working from home and be best prepared for future hybrid working models. As a result, IT spending is at an all-time high, with projected total spending in 2022 at he US$4.4 trillion, a 4% increase over 2021 spending.
Widely accepted hybrid work practices and the declining intensity of digital transformation projects are reflected in IT investment decisions. Investing in the cloud is a prominent priority, according to A10 Networks’ recent Enterprise Perspectives survey. This comes in addition to an increasing focus on enhancing your cybersecurity strategy with the policies and practices that must accompany the transition to expanded office networks/hybrid work environments. .
A clear investment in a work-from-home model
One of the major operational changes post-pandemic is the move to a hybrid work model where employees expect some flexibility in how they work. To attract and retain talent, companies must adapt to this ‘new normal’ and reflect this in their long-term IT strategies.
In response to a survey question on business expectations for how to work post-pandemic, our survey found that only 14% of global respondents said they had few or no employees working in offices. Yes, 24% believe there is a split between home and office. 50/50, with the majority (62%) expecting their employees to be based in the office.
As a result, enterprises are starting to invest in private and public clouds to meet this requirement for hybrid work. Outside of the US and Eastern Europe, the A10 Networks survey highlighted private clouds as the most popular choice for hosting an organization’s environment, with his 30% of global respondents using this method. doing. Private clouds are also the cloud environment of choice for sensitive organizations, such as government agencies and financial institutions, as they enhance their ability to control and monitor applications, users, and data.
These findings are echoed in a recent Gartner report showing that cloud-based services are the primary driver of an 11% increase in enterprise software spending.
With cloud services, the long-term savings in IT spending during implementation clearly outweigh the initial costs. This trajectory follows a popular software-as-a-service model that fosters hybrid work, where organizations adopt services that enable flexibility and accessibility.
Investing in a cloud strategy is a key priority for organizations looking to deliver flexible and efficient services that enable growth and innovation. However, any investment in cloud services will be wasted in the long run if stringent security measures are not built in due to the residual costs of security breaches and data loss. Cloud services should be layered with appropriate security measures to prevent information from falling into the wrong hands and resulting in unexpected overspending on an already tight budget.
What will your future investment priorities be?
A move to the cloud, more flexible licensing, and a pay-as-you-go model means organizations can get more value out of their budgets and drive innovation. This is a priority highlighted in Microsoft’s survey of companies.
Ultimately, you must invest in products and solutions that proactively defend your network, make your IT teams more agile, and enable your organization to deliver a competitive advantage to your customers. Businesses now have an opportunity to overcome the initial shock of the pandemic and redirect budgets to focus on optimizing and delivering services.
Moving forward, implementing effective and secure hybrid cloud solutions will enable organizations to flexibly scale in a post-pandemic world to meet and exceed employee and customer requirements regardless of future impacts and pressures. You will be able to focus on going beyond.
Adrian Taylor A10 network.
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