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According to ITICs 2024 Hourly Cost of Downtime Survey , 90% of mid-size and large enterprises face costs exceeding $300,000 for each hour of system downtime. Modern security architectures deliver multiple layers of protection. Youll also want to secure and protect data stored in the cloud, and in your SaaS applications.
A Gartner survey suggests that 83% of data-focused projects stumble due to challenges like this. Currently, 52% of existing enterprisesystems cannot directly connect to intelligent platforms; this means ICT infrastructure needs to be upgraded. For example, data silos are a key challenge we need to address.
If we revisit our durable goods industry example and consider prioritizing data quality through aggregation in a multi-tier architecture and cloud data platform first, we can achieve the prerequisite needed to build data quality and data trust first. through 2030 and clearly, data quality and trust are driving that investment.
Saccal reorganized the IT department to support and foster that mindset, implementing the scaled agile framework after joining the company in 2022 and structuring work around five core value streams: manufacturing, lab, commercial, quality, and enterprisesystems. And he has seen how such moves can pay off.
West Monroe’s Tanowitz agrees, saying, “There’s cloud spend where immature governance approaches have resulted in excess consumption that can be reduced when a holistic cloud architecture approach is taken.” In addition to cloud consumption, there may be drivers at play.
Embedded AI Embedding AI into enterprisesystems that employees were already using was a trend before gen AI came along. To make all this possible, the data had to be collected, processed, and fed into the systems that needed it in a reliable, efficient, scalable, and secure way.
Consequently, in an average building with six systems, an alarming 24 to 100 or more individuals can have unrestricted, uncontrolled access to critical infrastructure. This transition from traditional airgapped systems to hyperconnected environments augments cybersecurity risks. Addressing this significant gap is imperative."
Microsoft has bought Minit, a developer of process mining software, to help its customers optimize business processes across the enterprise, on and off Microsoft Power Platform. As Lansweeper scans on-premises computing environments, Cloudockit compiles architecture diagrams and documents users’ assets in the cloud.
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