Research ETRM / CTRM in the Cloud | Page 26

CTRM in the Cloud Brady PLC Introduction The days when businesses were required to procure and manage the technical infrastructure that software requires to run are fast disappearing. 61% of businesses were expected to have at least some parts of their operation hosted or in the Cloud by the end of 2013 and enterprise Cloud application revenues are projected to have reached $67.3b by 2016 (IDC). Cloud based E/CTRM solutions can typically be implemented in a relatively short time frame, with significantly reduced in-house IT intervention and no increase in infrastructure expenditure. This dramatically opens up the market for smaller companies in need of E/CTRM systems, who historically had improvised with spread sheets as a consequence of limited IT staff resources. At the other end of the spectrum, larger organisations benefit through the increased scalability and flexibility that in turn allow them to consume new services, features and technologies more easily and in a more cost effective and agile way. For Constellium, one of Brady’s customers, the rationale for opting for a Cloud-based solution, was all about having ‘fixed operational costs (OPEX) rather than investing in infrastructure and skills needed to maintain a specialised solution ... having easier access to skilled resources at Brady for problem resolution. We let the supplier take care of ensuring there is security and failover for example’. With the continual changes in regulation, increasingly intense competition and tighter margins, Cloud based E/CTRM solutions make sense now more than ever. However, many in the conservative world of E/CTRM continue to be put off making the transition. This is largely because they continue to be held up on a number of misconceptions or simply because they don’t understand the options and benefits available from marketing leading E/CTRM vendors like Brady. Brady can help customers understand the Cloud landscape and ensure that clients get the right solution for their business. Brady’s Cloud solutions & services deliver reduced total cost of ownership, industry leading security, reliability & compliance as well greater flexibility and scalability – through a state of the art and future proofed platform. All of which enables businesses to move into the Cloud with confidence. Cloud Atlas Today the term ‘Cloud’ can be used to mean many different things ranging from full multi-tenanted (or multicustomer) shared system/services running in the public cloud through to virtual or dedicated private cloud environments. What’s right for one organisation might not be right for another. For example, customers wanting ultimate control might opt for a dedicated private Cloud setup and often, for larger organisations taking their first steps into the Cloud, this makes sense. The economies of scale might not be the same but there are still significant benefits. Virtual private Cloud extends these benefits further without compromising on security or control. For example, one key benefit is the lead time to be up and running with a private Cloud solution. Production, test and sandbox systems can be made available almost with the flick of a switch and this represents a dramatic improvement over on–premise deployments. The same is true for subsequent changes and additions to those systems. New versions, features and technologies can be made available faster making Cloud solutions more responsive to the changing needs of the business. Dedicated or virtual private Cloud can be viewed as a low risk first step, giving clients the scope to become accustomed with their new environment. Moving on from this, Brady w27W7F