As digital transformation reshapes the business landscape at an unprecedented rate, business leaders are striving to build agile organizations that can capitalize on market transitions. IT agility is key to business agility, but IT infrastructure is only as agile as its least agile component. The lack of network flexibility often is the single biggest inhibitor to capitalizing on digitization.
A recent white paper by ZK Research says the “New IP” network is fundamental to remaining competitive in the digital era of business. Arguing that the New IP network should be a top priority for C-level execs and line-of-business managers, the paper defines what it looks like and highlights its top ten benefits:
- Reduced total cost of ownership (TCO) of the network
The New IP network can reduce both components of TCO: one-time capital expenses, such as network hardware and software, and operational expenses, such as people-related costs and maintenance charges. The flat, simplified nature of the New IP network reduces the number of ports required to build a network by as much as 40 percent so businesses have fewer network devices to buy, configure, and manage. ZK Research also estimates the automation capabilities of a New IP network can reduce operational costs by as much as 50 percent.
- Faster time to market
In the digital era, any new business service likely will require IT to make changes to the infrastructure. On average, businesses that deploy a New IP network can implement new services 13 times faster than with traditional networks.
- Higher uptime through fewer human errors
Human error is the largest cause of network downtime. In a New IP network, changes and updates can be automated and initiated by applications. ZK Research estimates the New IP network can reduce unplanned downtime due to human error from 35 percent to zero.
- Higher worker productivity
Organizations spend billions of dollars every year trying to make workers more productive. Unplanned network downtime, poor network design, and long troubleshooting times all directly contribute to loss of productivity. The New IP network helps businesses optimize application= performance for potential double-digit improvements in productivity.
- Faster network recovery times
In most verticals, having a network recover even just a few minutes faster can be significant for revenue flow and company reputation. The more modern protocols of the New IP network can result in network recovery times 2,500 times faster than with legacy networks.
- Shortened troubleshooting time
The complexity of legacy networks makes them very difficult to troubleshoot and repair. The New IP network is simpler, easier to troubleshoot, and can be diagnosed and remediated eight times as fast.
- Improved security
Many features and inherent characteristics of New IP networks greatly increase network security and help businesses meet regulatory and compliance requirements.
- Increased network agility
A New IP network can deliver the same level of network agility that exists within other parts of IT so businesses can get a better return on the IT investments they’ve already made.
- Better network utilization
Traditionally, businesses overbuild networks to accommodate peak periods but rarely need all the capacity purchased. A New IP network can be scaled up and down quickly, improving network utilization from a typical 35 percent with traditional networks to 70 percent or even more.
- Shifting from CapEx to OpEx
Many organizations have been striving to shift IT budgets from being predominantly capital expenditures to being operational expenditures. The New IP network can be purchased via a subscription, making it easier to shift network budgets from a CapEx-driven model to an OpEx-driven one.