Subj : Downtime could be one of the worst things to affect your business To : All From : TechnologyDaily Date : Thu Oct 26 2023 12:00:06 Downtime could be one of the worst things to affect your business - here's why Date: Thu, 26 Oct 2023 10:55:49 +0000 Description: ITaaS is proving to be cheaper in the long run than legacy solutions, which are more susceptible to downtime. FULL STORY ====================================================================== Major legacy infrastructure challenges are causing IT decision-makers to report negative impacts on their businesses, a new report by Hitachi Vantara has claimed. Its study of more than 200 North American and European IT leaders, which explores subscription- and consumption-based ITaaS models, found that more than half (56%) of businesses reported a significant impact on revenue due to technology downtime. Revealed in the research is a series of challenges facing IT departments, which are increasingly important in companies and enterprises globally. Legacy technology is costing businesses time and money According to Hitachi Vantara, security, inflexible systems, isolated data, and the need for infrastructure agility are all causing major headaches for IT workers. Add to that the pressure of a skilled labor shortage and increasing costs, and the need for a clear solution fast becomes apparent. Despite evidence that legacy solutions are failing businesses, almost half (45%) say they have difficulties navigating complex cloud landscapes, which could be preventing them from modernizing their organizations IT. Gary Lyng, VP for Product and Solutions at Hitachi Vantara, said: ....complexity is hindering innovation. Speaking of the increased importance of a stable and strong-performing IT environment, Lyng added: In today's digital age, IT is not just a department; its a driving force that propels progress. Moving forward, the study revealed that a growing number of companies are shifting their spending patterns to new ITaaS models in order to better predict and budget for future spends. Today, around half (56%) use ITaaS for all of their primary infrastructure, but Hitachi Vantaras analysis suggests this could grow to 86% in the next three years. The results, said the ITDM participants, were an average reduction of 20% to their total cost of ownership. More from TechRadar Pro Give your workforce the right tools by picking from our roundup of the best online collaboration tools Cut costs by going for one of the best free office software packages Is tech debt holding back your business? ====================================================================== Link to news story: https://www.techradar.com/pro/downtime-could-be-one-of-the-worst-things-to-aff ect-your-business-heres-why --- Mystic BBS v1.12 A47 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .