In the Tech Town Hall, did I hear Mike Brady correctly?
The strategy is switching from Regional Data Center exit to Core Data Center exit?
What in the world?
9 replies (most recent on top)
@2fol+1sTlBoIT, I am not sure if WF will be switching to Cloud in the future, but I agree on cost saving in certain areas. Many people here don't realize how expensive it is to maintain the business continuity and disaster recovery process. WF hires many expensive consultants to improve the BC & DR process. The fed regulators are heavily involved in monitoring operational resiliency efforts, and it requires periodic exercises with all LOBs. Every time there is an outage, millions of customers will complain and the news media will be all over us. With that aspect, physical data centers are very expensive to maintain and Cloud infrastructure will be a lot easier and cheaper.
WEC was moved back on the list of closing datacenters. Date was mid 2025 now it’s late 2028. Does not affect location strategy which they want completed by end of 2026.
Cloud is not cheaper or more expensive, the long-term total cost of ownership (TCO) in the end is about the same. The only question is how companies prefer to conduct tech operations. Clous provides a few additional benefits: Cloud makes disaster recovery planning much easier and prevents the Shoreview outage type of issues. It makes IT development work much more efficient. Because of the consumption based OpEx approach, financial planning becomes much easier.
The cloud strategy will only cost the bank more, because the service isn't cheap. There is a premium on well run datacenters. I guarantee you eventually they'll learn this and revert back when the stickershock hits them. Then they won't have any competent professionals left to bail it out.
Tech here.
I also heard that. Not sure what that means, other than the obvious.
" The TLT incompetence is unmatched.
Well, there is the Biden administration, I guess …. "
The Xiden admin is not incompetent, they are doing a very competent job of destroying this country, i.e. he is earning his 10% .
We're opening multiple data centers this year, so there's that. Dunno what this guy is talking anout.
That’s not the point Mike / @ieo+1sTlBoIT.
The issue is the order of operations, timing, planning, etc. for many, many teams has apparently changed, all announced vaguely in a Town Hall.
The TLT incompetence is unmatched.
Well, there is the Biden administration, I guess ….
Many companies are switching from physical data centers to Cloud infrastructure. Then we don't have to deal with financial overheads from unexpected outage issues or disaster recovery efforts. Cloud system will provide high availability of virtual systems with less overheads.