A Balanced Strategy for Cloud Computing
Nationwide is implementing a forward-thinking hybrid cloud strategy designed to achieve a balance between cost efficiency and environmental responsibility. Leveraging HPE GreenLake’s consumption-based model helps the organization avoid unnecessary over-provisioning, allowing them to pay only for the actual capacity they use. This approach is expected to cut IT costs by at least 30% for Nationwide.
Moreover, this initiative provides Nationwide with a clear understanding of its energy usage and emissions, enabling more efficient infrastructure management that is less harmful to the environment.
The company also intends to bolster its environmental efforts by upcycling and recycling outdated computing and storage equipment as they transition to the new GreenLake infrastructure.
This comprehensive strategy highlights a growing trend within the financial services industry, where companies aim to maximize advantages from both public and private cloud solutions.
While public cloud services offer scalability and access to cutting-edge technology, private cloud options like HPE GreenLake ensure tighter control over sensitive data and workloads that require strict compliance.
Nationwide’s strategy fuses public cloud technologies, such as those available through Amazon Web Services, with the HPE GreenLake private cloud framework, ultimately achieving superior performance, enhanced security, and cost-effectiveness.