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Part of the success and growth of a Fintech organisation lies in having a robust IT infrastructure. Without this strong foundation, other business units cannot function efficiently and productively. But building, managing and optimising a strong IT environment brings unique challenges.
In a world that demands constant adaptation and innovation, CEOs are facing the challenge of balancing caution with the imperative need for technological transformation. As Marco Amitrano, Managing Partner and Head of Clients and Markets at PwC UK, rightly points out in PwC's 26th Annual CEO Survey, the convergence of talent and technology is the key to sustainable growth.
As all senior IT people will understand, running a successful business with diminishing resources and budget, or as it's better known being asked to “do more with less”, is a common challenge. Increasing productivity is essential to do more with less and propel your company towards greater success.
Most now believe that the argument has been won for Cloud IT since it offers unparalleled scalability, flexibility, and cost-efficiency. However, as cloud environments grow in size and complexity, managing the associated challenges becomes increasingly crucial.
Businesses are increasingly turning to cloud technologies to enhance their operations, improve efficiency, and drive innovation. However, navigating the complex world of the cloud with internal resources alone is extremely challenging due to the depth of IT knowledge and skills needed across different platforms.
As businesses increasingly embrace cloud-based IT environments, they often encounter the challenge of escalating costs. While the cloud offers scalability, flexibility and potential cost saving, unchecked resource consumption and inefficient management can lead to financial strain. To address this issue, you need effective strategies to manage and optimise your cloud-based IT environments.
In today's rapidly evolving digital landscape, businesses are faced with the challenge of navigating the increasing complexity of deploying, managing, and optimising their IT environments. With the emergence of new technologies, hybrid architectures, and cloud-based infrastructures, organisations must adopt a strategic approach to effectively manage the complexities and leverage the full potential of their IT systems.
As competitive and economic pressures intensify, and the cloud consumes an ever larger proportion of IT time and budgets, the need to optimise cloud environments is becoming imperative.
It can be tough to compete in the new world of cloud computing and AI. Especially whilst trying to keep costs down if your IT is tied to legacy systems, infrastructure or a single cloud provider. With the rise of the cloud and AI tools, we have seen many businesses adopting an ‘optimised’ multi-cloud compute strategy that takes advantage of and realises the benefits of different cloud tariffs, models and AI innovation.
Using the cloud for business is the on-demand delivery of IT resources over the internet with a pay-as-you-go pricing model. It means instead of buying, owning, and maintaining physical kit, businesses can access technology services, such as IT resources, computing power, storage, and databases as and when needed.
