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IT spending in 2020 during and after Covid-19 | Open Minds

IT spending in 2020 during and after Covid-19

It’s become quite clear that COVID-19’s impact on IT software is having broad implications across the IT world, particularly when it comes to spending.

Major IT spending cuts will be on devices such as PCs and smartphones according to IDC (The Premier Global Market Intelligence Firm). We are starting to see a decline in IT services spending because there has been a huge delay in large IT infrastructure projects.

However, IT infrastructure spending is expected to grow because businesses continue to fund existing cloud deployments as a means to control costs and defer capital spending on things like upgrades. There is a predicted overall growth of almost 4% ($237 billion) driven by a demand for cloud services over the next year or so. So, considering the impact of COVID-19 on investment and the ability to keep things up and running, how critical could spending on cloud-based HA/DR deployments be for the rest of 2020 and beyond?

Spending on Cloud-based HA/DR – How Critical?

As loss of productivity and revenue resulting from IT, outages can cripple a business, Cloud-based HA clustering software is a critical expenditure and worth it at this time more than ever. Once business HA/DR needs are understood after a thorough evaluation has taken place, it’s important to understand that selection criteria will change over time, perhaps even facing another bout of COVID-19. The ability to evolve without requiring new technology reinvestment and disruption to users/customers will be essential for moving further into 2020.

Businesses which have their systems already integrated with multi-cloud platforms can function uninterrupted. Server failures at this point of time will not drastically affect the services due to the benefits of cloud platforms.

Organisations have increasingly turned their attention to cloud-based HA/DR solutions during the COVID-19 pandemic and this focus is likely to increase thereafter. Why? For one, maintenance support services were severely handicapped due to physical restrictions of IT maintenance engineers.

A cloud-based solution does not require the resources to be maintained as, in the event of a disaster, additional resources are automatically allocated remotely.

Over the past few months, IT teams have had their hands tied when disasters have struck. Being unable to go to the site with backup tapes and set up all the equipment has proved next to impossible. Remote working has taken centre stage and likely will continue to be more prominent with only 11% of IT businesses expecting they will return to the traditional work environment.

So, a cloud HA/DR deployment will suit quite nicely, and worth the expenditure.

With this in mind, businesses need to compare the cost of any downtime to the cost of a cloud-based HA/DR solution. But considering what we all have just been through, and are still going through, the cloud HA/DR solution spending will surely dominate over the next few years.

Bonnie Tinder, principal and founder at Raven (a free, online community to help enterprise software customers independently find the right consulting partner) says, “I believe the forced virtual environment has caused many to see the inefficiencies and cost of in-person work/meetings. And that will eventually favour more digital transformation/cloud software deployments.”

-True, and many employers will cut their workforce and non-essential spending over the coming months. IT businesses are now seeing the importance behind the simplicity of a cloud-based HA/DR deployment investment.

Open Minds have experience of serving businesses across multiple sectors for more than two decades now. We are amongst the most well-known names in the whole of the UK and the Middle East. Open Minds HAS solutions can help your business to grow exponentially and reduce downtime considerably.

To know more about how our solutions can help you hasten your business with ease, reach out to us today by clicking here.



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