The latest move in the business world is virtualization of the IT department. More and more companies are realizing the cost-effectiveness and operational efficacy of the move. It also leads to lots of boosted flexibility in terms of business functionalities.
Virtualization for a company means relying on virtualized hardware that allows all the servers that run on them to share the resources. This very concept is geared towards saving money in several aspects.
The very first move towards saving is reduced office space. Virtual servers can be placed anywhere, in a data center or any offsite facility. All your staff would require to access the server is internet access, which can be made easily available. Thus, you save by investing in a smaller office.
Then there is the matter of hardware. Since there is almost no need for supporting hardware equipment, you save on a huge chunk of money. With virtualized servers, there is saving in terms of energy too. There is no need for cooling equipment, and power grid access or ventilation systems especially for the servers.
Virtualized servers aim at reducing up to 80% on energy costs and look at 85% utilization of existing physical hardware.
With the consolidation of multiple machines, you would also save on maintenance and management expenses. Your IT provider will take care of that aspect, leaving your core IT team to concentrate on other vital tasks. You also get better security, since your provider is supposed to ensure that. With fewer risks and threats lurking, you save money in the long run by not having to invest a lot in the prevention of those.
In case you have been wondering, "How can a virtual server save me money?" here the answer all spelled out for you!