How do You Pick the Right Cloud?

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How do You Pick the Right Cloud?

Challenges in Managing Complex Enterprise Applications and On-Premises Infrastructure

ETRM applications such as Endur is a highly complex application that plays a central role in a company’s vital business operations. Managing complex enterprise applications necessitates specialized expertise to maximize their potential and ensure optimal performance.

Scaling an on-premises infrastructure entails substantial downtime and disrupts the workflow of application users. Ensuring seamless integration and interoperability between different applications, databases, and technologies while safeguarding on-premises hardware, network, and physical elements can be expensive and reliant on human intervention. Moreover, keeping complex enterprise applications and on-premises infrastructure up to date with patches, bug fixes, and upgrades is a continuous task. It requires careful planning, testing, and coordination to minimize disruptions and ensure the entire system remains stable and compatible with other components. This leads to setting up and expanding or upgrading components within one’s domain which is complex and pricy.

Benefits of Migrating to the Cloud

Migrating complex enterprise applications to the cloud unlocks numerous advantages that enhance efficiency, scalability, and security. By leveraging cloud solutions, businesses can overcome operational hurdles while future-proofing their infrastructure for evolving needs.

Support Landscape & SLAs

Everyday operational challenges such as end-of-day (EOD) processes, application performance, and critical job failures become less tangible. Additional support is available to promptly resolve issues raised by the business while adhering to minimal service level agreements (SLAs).

User Base

By identifying geographical locations, defining system uptime expectations, and considering the number of users connecting to Endur, a more rigorous and secure IAM (Identity and Access Management) control can be established.

Data Analytics Landscape

Relying on Endur transactional data for reporting and analytics purposes, such as VaR calculations and Risk Reporting tools, becomes significantly more streamlined and manageable as the occurrence of points of failure is minimized.

Code Customizations

The frequency and intricacy of managing code changes to accommodate evolving business requirements are streamlined. Deployments can be automated, and maintaining a chronological record of updates for any component of the application becomes straightforward.

Future Needs

Assessing the impact of short-term integration between Endur and other systems, and determining necessary customizations for seamless interfacing, becomes simpler. Cloud migration consolidates the configuration of each application's requirements to a single endpoint.

Factors to Consider when Choosing Between Self-Owned and 3rd Party-Owned Cloud

IaaS (Infrastructure-as-a-Service) and PaaS (Platform-as-a-Service) are two cloud computing models offering different infrastructure and application management levels.

IaaS provides virtualized computing resources, giving users control over infrastructure and application environments. PaaS, on the other hand, abstracts infrastructure complexities, offering a platform for application development, deployment, and management without worrying about underlying infrastructure details.

Ultimately, the choice between IaaS and PaaS depends on the business’s specific requirements and preferences.

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Recommended Resources

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