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What CXOs must do to tackle digital transformation amidst supply chain challenges – Equinix report

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supply chain challenges

With disruption and instability becoming commonplace, a recent survey has revealed that 82% of supply chain leaders expect the situation to either remain unchanged or deteriorate in the coming 6-12 months. Organizations today are facing economic pressures and significant hurdles in their supply chains stemming from a shortage of semiconductors and other crucial components. This lack of resources has complicated IT infrastructure procurement, provisioning, and maintenance – all leading to increased risk for businesses. Furthermore, expenses have been on uptrend and skilled personnel are becoming increasingly scarce by the day. 

As the digital world continues to evolve and change, organizations face mounting pressure to keep up with their transformation initiatives. Without a modernized IT infrastructure in place, companies may find themselves unable to compete for survival or success. Read on to know how organizations can continue their digital transformation journey in the face of supply chain challenges. 

Turning to virtual infrastructure solutions 

In the face of unprecedented supply chain pressures, businesses are leveraging virtual infrastructure solutions to ensure digital transformation initiatives remain on track. With Software-as-a-Service (SaaS) offerings, companies can rapidly deploy reliable IT resources without waiting for hardware availability and eliminate shipping complications. This allows them to access best-in-class technologies quickly and capitalize on new revenue streams, presenting an opportunity for competitive advantage in uncertain times and ensuring their long-term resiliency. 

Enterprises can benefit significantly from dedicated access to on-demand compute, storage, and networking services.  

  • These offerings enable them to manage their unpredictable business costs more effectively, reduce data center footprint and leverage modern cloud services for a shift in CAPEX to OPEX model.  
  • In addition, the adoption of flexible solutions lowers risk by providing low-latency digital collaboration with strategic partners around API-driven partnerships.  
  • Furthermore, these systems are designed to minimize reliance on hard-to-find talent while streamlining deployment across physical or virtual builds of networked infrastructure between public and private clouds securely and efficiently. 

Combining dedicated compute with multicloud access 

Leveraging the hybrid cloud infrastructure (HCI) along with software-defined networking, businesses can experience the agility of public cloud services with more cost savings and enhanced security. 

According to Equinix, businesses were able to reduce costs by 30–40% by eliminating cloud connectivity overhead and shifting fixed CAPEX to flexible OPEX models.  

With purpose-built, workload-optimized HCI, organizations improved their performance by 80% at a reduced cost, compared to generic virtualized infrastructure. Leaders also achieved five to ten times faster deployment through automated digital infrastructure provisioning. 

IT decision-makers have increasingly found an attractive option in transitioning to the anything as a a Service (XaaS) model. 65% of them cite the reason for this attraction as being how it simplifies IT infrastructure. 56% find this model more flexible. 54% of IT decision-makers said that the XaaS model improved user experience. 

By leveraging these technologies, businesses can overcome their supply chain challenges and remain on track for future success. 

Source: Equinix 

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