{"id":70817,"date":"2023-03-14T10:42:29","date_gmt":"2023-03-14T14:42:29","guid":{"rendered":"https:\/\/www.commvault.com\/?p=70817"},"modified":"2023-12-22T13:18:41","modified_gmt":"2023-12-22T18:18:41","slug":"navigating-cost-optimization-and-risk-mitigation","status":"publish","type":"post","link":"https:\/\/www.commvault.com\/blogs\/navigating-cost-optimization-and-risk-mitigation","title":{"rendered":"Navigating Cost Optimization & Risk Mitigation in the Modern Cloud Era"},"content":{"rendered":"\n

The Modern Cloud Era.<\/strong><\/p>\n\n\n\n

It sounds so dramatic and official, like some sort of changing of the guard akin to moving between the Jurassic and Cretaceous eras, but what does it really mean?<\/p>\n\n\n\n

It means that the challenges and opportunities presented by the widespread adoption of the cloud have led to a world where, rather than dinosaurs, hybrid and multi cloud adoption has become the new mainstream. Almost every company on the planet is leveraging at least one kind of cloud, with many adopting formal diversification strategies to leverage hybrid and multi cloud approaches. This diversification, however, can lead to complexity which brings new challenges in the realms of cost optimization and risk mitigation.<\/p>\n\n\n\n

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The Modern Cloud Era is about navigating the world of digital transformation, where every company and department relies on modern tools to get their jobs done. In this new world, the importance of getting data and workloads organized and centrally managed across a purposeful multi-platform strategy to deliver on business objectives while maximizing cost efficiency and risk mitigation cannot be overstated. When executed correctly, hybrid and multi cloud strategies can lead to improved operational efficiencies, enhanced data management and compliance capabilities, and greater business scalability. When done wrong it can create artificial data silos, increase the human for skilled labor, and require additional labor hours to implement and support.<\/p>\n<\/div>\n\n\n\n

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We recently had the privilege of having our Vice President of Solutions Engineering, Cesar Cid de Rivera and Sr. Director of Solutions Engineering, Vincenzo Costantino give a talk on how to best navigate the waters of this new, Modern Cloud Era. Together, Cesar and Vincenzo identified three primary benefits of successfully implementing a hybrid & multi-cloud strategy, as well as some tips in how to get there.<\/p>\n\n\n\n

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Some of the major benefits you can hope to expect are:<\/strong><\/p>\n\n\n\n