Sustainable cloud positions companies to deliver on new commitments: carbon reduction and responsible innovation. Companies have historically driven financial, security, and agility benefits through cloud, but sustainability is becoming an imperative.
44% of CEOs in the United Nations Global Compact - Accenture Strategy CEO Study on Sustainability see a net-zero future for their company in the next ten years.
4.7x Between 2013-2019, companies with consistently high environmental, social and governance (ESG) performance enjoyed 4.7x higher operating margins and lower volatility than low ESG performers over the same period.
30-40% Migrations to public cloud result in up to 30-40% total cost of ownership (TCO) savings.
Drivers like greater workload flexibility, better server utilization rates, and more energy-efficient infrastructure all make public clouds more cost efficient than enterprise-owned data centers.
Here are the top 3 reasons:
1. Better Infrastructure
Oracle cloud centers are typically located closer to the facilities that power them to prevent large losses during the process of transmitting electrical energy over long distances. Traditional data centers usually don’t have a choice for location unless the company that builds it has tons of money, like Facebook or Yahoo.
2. Higher Utilization Rate
Oracle cloud consolidates machine use, operating servers at high utilization rates, increasing efficiency. When hardware sits idle (the usual case in private data centers), it creates poor efficiency and has negative effects on the environment.
3. Reduced Electricity Use
Traditional data hardware systems are high maintenance, requiring uninterruptible power supplies, cooling, and tons of electricity. Moving basic software programs to the Oracle cloud can save electricity immensely.
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