A new normal is emerging as business leaders pivot to meet the extraordinary challenges of 2020: organizations are increasingly tasked with finding and delivering rapid new business value through increased efficiency, enhanced automation, accelerated time to market, sharp innovation, and rock-solid cost savings.
Learn how you may redistribute resources to more high-value initiatives while saving money, time, and people. After all, your infrastructure should generate revenue rather than add to the complexity and costs of your business over time.
The past year's events have only accelerated the speed of digital transformation while elevating IT's role as a strategic partner. What factors do you consider when deciding where to save, invest, and innovate? Is it possible for your hybrid, private, or public cloud selections to provide a financial benefit to your company?
The Nutanix Economic Advantage Summit was held by Nutanix. It was an opportunity to hear from Rajiv Ramaswami, the company's new President and CEO, about his plans for the future. His goal is to make the cloud invisible, to make managing blocks, files, and containers simple, and to employ software that encourages innovation and shortens time to market.
He discussed how Nutanix is assisting business and IT leaders in navigating present problems, building resiliency, and preparing for a digital future while focusing on delivering economic benefit to their companies.
He talked about how the pandemic has increased the need for digital transformation. According to statistics, 1/3 of businesses have made the switch to digital transformation.
Business Resilience is described as an organization's capacity to quickly adapt and respond to business disruptions while continuing to operate and maintain its fundamental mission. In the C-level conversation, this has become a far more important endeavor. In reality, for a corporation that will be obliged to develop in response to the circumstances, robustness has become the most critical component.
Leadership, your brand, operations, workforce, finance, and technological robustness are all examples of resiliency.
Technology resiliency is required for business resiliency, however the majority of the organizations polled do not give themselves a passing grade. Furthermore, after reflecting on how their organizations fared during the crisis, more than half of the organizations have stated that they will be changing their technology.
We also had the opportunity to hear from Steven Kaplan, Nutanix's VP of Customer Success Finance, who provided an excellent overview of the financial implications of a traditional infrastructure or cloud first strategy.
Regrettably, data reveal that IT is still seen as a cost center rather than a revenue generator. How can IT be supposed to be an engine for innovation in order to develop the business when the majority of the IT budget is still spent on keeping the lights on?
A cloud SMART strategy should be implemented by businesses. As organizations tried to accelerate digital transformation and modernization, cloud-first has been the prevailing strategy to cloud adoption projects for nearly a decade. CEOs would adopt a cloud-first strategy because they believe it is the most cost-effective option, even if they have not carefully researched the plan.
A cloud-based smart strategy enables applications to be deployed where they are most useful, in the most strategic and financially sound area. Leaders should choose workloads that favor speed, simplicity, and business value when migrating to the cloud. As a result, Cloud smart's advantages include lightning-fast migrations, cloud mobility, and the option to quit a cloud provider if necessary.
Overall, it was a half-day packed with useful information on industry trends as well as Nutanix's offering to assist businesses get a competitive advantage. Nutanix is a great solution to enable all of this. Organizations are increasingly tasked with finding and delivering rapid new business value through increased efficiency, enhanced automation, accelerated time to market, sharp innovation, and rock-solid cost savings, and Nutanix is a great solution to enable this.
