Gartner recently predicted that by 2025, “80% of enterprises will migrate entirely away from on-premises data centers with the current trend of moving workloads to colocation, hosting and the cloud leading them to shut down their traditional data center.”
This creates a workload placement decision process that enterprises must solve in 2019.
For example, in 2018, a top Wall Street bank and current Panzura customer with over $2 trillion under management needed to modernize its legacy IT infrastructure to take advantage of cloud architectures.
Their complex infrastructure consisted of over 3,000 applications run on numerous different systems, and each had unique management requirements and life cycles. The wave of unstructured and file-based data made it unscalable and too costly to store and manage on legacy filers. Thus, the bank began a new initiative to streamline and deploy a cloud infrastructure to do everything from increase availability and control costs to improve management and integrate cloud-based technology.
Given the nature of their business, they needed to use a private cloud but also wanted to have the option to leverage the public cloud in the future. So, they implemented a highly scalable and resilient cloud storage infrastructure. – Read more