Originally posted on PeakOptical.com
With strategies clearing out and budgets becoming more precise, companies are now deciding which IT and network system fit them the best. With two emerging markets growing at the same time, businesses can now choose which way they want to go and how much they want to spend on upgrading their own centres or outsourcing their networks and data.
Both cloud computing services and local servers offer enticing benefits, and even a mixed model between the two of them is acceptable, but is there any way of lowering the costs of managing your own network or distributing your network to another company?
Cloud IT had and will experience exponential growth, saving money for some companies
Cloud IT has been here for a while, and while maybe not fully developed, the market has seen incredible growth only from 2013 forward. For example, in the US, it has grown from 23.3 to 52.3 billion, becoming almost twice as big as it was initially. With benefits such as larger scaling capabilities, or cost reduction on maintenance and operational tasks, it has become an attractive option for multiple companies. So much so, that many of them wondered if switching to a cloud computing service would improve their model and increase revenues.
Network and IT hardware is still big and offer cost-saving solutions for your budget
With the IT fog clearing out and network managers deciding the best solutions for their companies, network, and IT hardware will experience a growth in the following year. Because most companies already have a setup of their own, with established systems and budgets, paying for a cloud system will be almost worthless.
The need of customizing your system on the cloud and the impossibility of instantly notifying your customers in case of any hardware troubles you might encounter will be an annoyance for your business and your budget. Upgrading or maintaining your own center might be the better choice. With companies going with a hybrid model, you could imitate the decision and mitigate some of the downsides for each of the options.
Network infrastructure reducing costs of products and maintenance
Network infrastructures are easy to upgrade if you already have them. And financial tolls can be downgraded using simple refurbished products. Reducing the cost of products from the very beginning (refurbished products are cheaper than OEM items) is already a great start.
And even though they don’t come with maintenance services, they come with hefty warranty programs to back them up. Most of the companies generally change equipment once every 3-5 years, but Gartner’s research reveals that equipment can last up to 10 years in use. With refurbished equipment, you get the same number of years at the same performance, offering great quality.
Switching to fibre optics also requires less hassle, as the majority of the equipment is also compatible with copper systems, allowing you to change devices one at a time if necessary. And because fibre is more reliable and durable than copper, you save money on maintenance and invest in products with a longer life.