Global Private Equity Firm Partners with ECI to Unlock INCREASED Scalability, Reduced Operating Costs and Complete Disaster Recovery Preparedness, with Microsoft Azure
A leading global private equity firm recently migrated its infrastructure from an on-premise model to the public cloud. The firm came to the decision to move its assets and operations to Microsoft Azure after an in-depth technology SWOT analysis, which identified the need to boost operating efficiency and scale down on unnecessary costs to enable further growth and expansion.
During the analysis phase, together with their dedicated ECI client technology manager, the firm pinpointed key hinderances to growth posed by their existing infrastructure. These included a lack of scalability, high operating costs, and outdated disaster recovery (DR) preparedness. As an industry regulated firm backed by investors, rectifying the latter became a top priority to ensure adequate protection of its large estate.
Since migrating to the Azure public cloud, the private equity firm has experienced the following benefits:
The firm realised its need for regular modifications to hardware and services was not feasible in the long run, as it required a significant investment of both time and money, which could be utilised in more rewarding ways. In some instances, resources needed upgrading before they were even used, a clear sign the organisation was operating inefficiently. Today, with Azure, the firm can adopt new applications and services and scale existing ones with ease, and as and when demands change. Thus, enabling the business to operate with flexibility and adaptability overall.
Reduced Operating Costs
Switching from an on-premise model to the public cloud meant the firm no longer paid large sums upfront for installations. The firm has also freed up costs associated with maintenance of on-premise infrastructure and systems, as well as those associated with efforts to reduce downtime. The need for a separate infrastructure dedicated to backup and disaster recovery also cost the firm a significant amount annually. As well as it being a cheaper model, Azure Cloud Services are charged either per user or by use, giving the firm certainty around recurring costs. Furthermore, when not in use, resources can be switched off to save costs.
Complete Disaster Recovery Preparedness
With physical servers and hardware in place previously, the firm risked facing outages in the event of natural disasters, fires, and general damage to tangible infrastructure. Moving to Microsoft Azure, which is specifically designed for business use, means the firm has one less thing to worry about in the event of an unprecedented disruption, with its assets and data securely stored in the cloud. Overall, the firm has lowered risks of downtime and is more confident with increased operational resilience.
Furthermore, DR on Azure is available on a consumption-based model, therefore the firm need not have it running in the background like a traditional model, which can drain resources. In addition to this, Azure’s DR services are more readily available in comparison to on-premise solutions, which can become quickly outdated if not tested enough. The client currently has a quarterly automated testing schedule in place, which is handled by ECI.
How ECI Has Helped: From Migration to Cloud Infrastructure Maintenance and Regular DR Testing
ECI’s team of cloud experts handled the migration from on-premise to Azure seamlessly, mindful of downtime and any disruptions to daily business operations. And, the team were on hand to support the firm as they settled into using the new model.
Today, ECI’s Cloud team continues to secure the firm’s Azure tenant, building a layer of robust security around its environment. ECI also takes care of ensuring DR availability for whenever disaster strikes, with automated quarterly testing of the environment in place.
The firm has regular meetings with their dedicated client technology management team to assess the performance of solutions in place, and to discuss any new technology requirements to support the organisation’s strategic goals.