That's how Google Cloud Reduces IT Costs: 5 key strategies
As companies grapple with the delicate balance between technological innovation and cost reduction, we identify five key strategies to leverage cloud computing, potentially reducing overall IT costs by up to 10%. Here's how Google Cloud helps you drastically reduce your IT expenses.
Hello everyone.
In a world where recovery took many forms, the corona pandemic has presented unprecedented challenges for businesses worldwide. Nonetheless, this huge shift also brought some new opportunities with it. It compelled organizations to swiftly embrace remote working.
Today, I present a groundbreaking report from BCG Platinion, titled "Finding a New Normal in the Cloud," offering a roadmap to not just survive, but thrive in these ever changing times we live today. As companies grapple with the delicate balance between technological innovation and cost reduction, this report identifies five key strategies to leverage cloud computing, potentially reducing overall IT costs by up to 10%.
Tip 1: Go Beyond VPN:
Traditional VPNs are expensive, slow, and cumbersome in a world where remote work is the new normal. Cloud Services provide secure, efficient, and cost-effective remote access. Take advantage of the end-to-end protection that can be used on any device at any time, eliminating the need for traditional VPNs and associated risks.
Tip 2: Use SaaS to Keep Productivity Up:
With more and more people working remotely, seamless collaboration is paramount. BCG Platinion recommends Google Workspace as an efficient collaborator. This Software-as-a-Service solution not only lowers computing costs, but also boosts revenue growth. A SaaS solution can lower computing costs for end users by up to 35%. Airbus for example, a global player in aviation, attests to the transformative power of Google Workspace in empowering a hybrid work reality.
Tip 3: Reduce IT Overhead with Cloud-First Devices:
Cloud-native devices like Google's Chromebooks and Chromeboxes offer a cost-effective, secure, and user-friendly solution. Additionally, with “thin client” devices, companies can save on hardware costs compared with traditional laptops and desktops. The report suggests that a thin client approach can produce savings of up to 25% in end-user technology and support.
Tip 4: Lift and Shift for Easier Transitions:
A total cloud migration can be a huge undertaking, involving redesigns of architecture and refactoring of applications.However, in times demanding quick decisions and reduced cash burn, BCG Platinion recommends a pragmatic "lift-and-shift" approach. Utilizing platforms like Google Compute Engine allows organizations to migrate non-critical workloads to the cloud swiftly, reducing IT spend by up to 4% in just three months.
Tip 5: Make Data Work for You with the Cloud:
In an era where data is paramount, BCG Platinion emphasizes the power of a cloud-based infrastructure. Leveraging Google Cloud's suite of products, companies can not only minimize infrastructure costs but also achieve a 70% increase in effectiveness. From BigQuery to groundbreaking Vertex AI machine learning to, the possibilities are limitless.
As we navigate our modern business world, resilience and adaptability are key. Cloud computing emerges as a beacon of innovation, offering near-term savings and paving the way for long-term digital transformation. The mission is clear: Embrace the cloud, minimize costs, and forge ahead into a future of unprecedented possibilities.