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Networks below the business innovation curve would impact competitiveness

International. According to Moore's Law, the price performance of computing power and storage doubles every 18 to 24 months. This, then, could mean that network innovation cycles can be as far apart as a decade. The long duration that separates the cycles puts at risk the innovation capacity of the entire organization because prices are subject to interest rates and other economic variables that can affect investment in innovation.

The international consultancy FMHOUSE through its Research unit, the FM Observatory, states in its report " Enterprise Cloud Networking " that: "In large organizations, for example, more than half of the network budget can be spent on bandwidth. And with the relentless demand for new cloud services, those bandwidth needs can grow 30 percent each year, with a similar impact on cost."

They added: "In reality, rising costs can be a strong indicator of problems. Any organization that finds itself continually chasing rising bandwidth costs should be looking for an underlying design issue with its network."

From the economic field, it could be explained that business innovation is important because it allows a company to differentiate itself from its competitors. Thus, you can have an advantage over them if you can offer a product or service that best suits the needs of consumers.

- Publicidad -

Likewise, Innk- On-line platform for the management of innovation processes shows in its blog that "the importance of business innovation has been growing significantly over the years and has become an essential factor for companies".

On the other hand, FMHOUSE states that companies "taken to the extreme, can fall into a spiral of technology debt where their network teams are spending all their time and budget maintaining and repairing legacy technology instead of reinventing it for future business needs."


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