Innovation in industry: revolution 4.0 and modernization trends
11 Aug 2023
March 2017 | by Sky.One Solutions
Many companies still have old hardware or software that they can't get rid of. This usually happens because managers want to justify the investment made to acquire them, or because they have a special feeling for technologies acquired 10 or 20 years ago. But despite appearing to be harmless, legacy hardware or software hides numerous dangers.
Below, we will show what these dangers are behind legacy technologies, which can generate several losses for the company and even throw it out of the market, and find out the way out to circumvent these risks: cloud computing. Check out:
Old hardware lacks new energy-saving technologies, and obsolete software lacks virtualization capabilities. Therefore, in addition to being inefficient, they are more expensive to run and maintain. As a result, they end up increasing operating costs and eroding a large part of the IT department's budget, which is unable to invest in projects and other technologies.
Not to mention the fact that many manufacturers have already stopped making hardware parts and software updates. If a failure occurs and the IT area needs them, it will not be able to request them, and the company will be impacted as a result. And especially in times when the economy is unfavorable, companies cannot afford to increase their costs if this does not generate any value for the business.
Obsolete technologies are extremely vulnerable to cyber attacks. That's because whoever made them no longer creates security updates to fix issues. And if criminals discover a 'loophole', they will use it to break into the company's IT environment and steal its data. Consequently, this will generate financial losses – which can reach tens or hundreds of millions of reais – and will tarnish your brand in the market.
Regulatory bodies are aware of the importance of using modern technologies for data security both for companies and their customers. That's why organizations that still use obsolete hardware and software are unable to meet the requirements of laws and regulations such as FERPA, HIPPA, EAR and ITAR, or receive certifications such as ISO, MTSC and SOC.
In addition, companies that use systems that are incompatible with those of today are required to pay fines to regulatory bodies, depending on the market in which they operate. These fines are very high and are charged monthly until the company starts operating with compatible and properly updated hardware and software .
The advancement of technology ended up creating new points of interaction with customers and increasing the volume of corporate data, which cannot be handled by legacy systems that were not designed to accommodate it. Only new hardware and software can efficiently store and process such a volume of data without compromising the company's finances.
Those who have these hardware and software can occupy a position ahead of those who do not, as they will be able to take greater advantage of the data and improve their customers' experience. Today, companies no longer need modern hardware to stay ahead of the competition. They just need to hire the services of a cloud computing provider and use the cloud to store their data and run their software .
Did you just see how many dangers an obsolete technology hides? And how are there ways to avoid these dangers with cloud computing? See in detail how the cloud, in addition to being more secure, is also a key tool for innovation .
This content was produced by SkyOne's team of cloud and digital transformation experts.