As a finance leader in your business, it’s your job to find or fund the most cost-effective solutions. You have to carefully consider each of the business cases that come to your desk and determine which ones would support company-wide initiatives to improve productivity, processes, and profits.
Begin with Business Cases
Business cases from IT leaders can sometimes sound daunting, complicated, and comprehensive. While you and your IT leaders have the same end-goal in mind – to make your business more successful and competitive – you want to get a clearer understanding of what these technologies are and how they can impact your bottom line. For finance leaders, understanding the value of IT requires a bilingual translator that can speak fluent finance and IT languages.
Take the business case for converged infrastructure as a prime example. This technology combines the powers of compute, networking, and storage capabilities under a single pane of glass, integrating and streamlining previously siloed operations. In its simplest form, converged infrastructure enables many functions to run concurrently from a single unit. This is similar to how your smartphone combines the capabilities of a phone, a calculator, a calendar, a browser, board or card games, weather reports, and so forth.
Let’s take a deeper dive into how converged infrastructure can improve your bottom line.
Improved and Accelerated ROI
While there might be a higher up-front cost for a converged infrastructure solution, the long-term financial benefits can help keep spending within budget. Because this infrastructure combines the functions and management of several systems into one platform, your energy bills and operating costs are sliced. Additionally, high availability, improved time-to-service, and simplified scalability help reduce the time spent managing and troubleshooting the technologies.
As a pre-packaged deal, a converged infrastructure significantly cuts the implementation time required. Because you can fix installation errors through a single management interface, you save time compared to when you manage operations that are siloed. By reducing implementation risk, your business won’t be caught off guard by huge time and labor expenses.
Faster Recovery from Downtime
Carrying the average cost of $5,600 per minute (or over $300,000 per hour), downtime is a vicious enemy of a healthy budget. Through more streamlined operations and management that converged technology offers, it’s easier to discover and remediate problems as they occur from a single location.
In addition, downtime is less likely to occur since these systems aren’t forced to work together. They were made to work together from the start.
Business growth demands scalability, which is what converged infrastructure helps to facilitate. This infrastructure solution can quickly scale to add capacity and new pre-configured applications while bypassing downtime during installation phases.
A converged infrastructure provides businesses with a cost-effective opportunity to streamline their processes and technologies. In particular, this technology helps businesses with smaller IT departments become more adaptable. Through a single pane of glass, companies can make rapid infrastructure changes to meet immediate customer demands.
Discover how Peak Converged Core (PCC) can help your infrastructure maximize its potential.