Software Engineering Insights

Cloud cost optimization in simple terms is attaining the proper balance between performance and cost and then maintaining it. It is the process of decreasing overall cloud spend by distinguishing mismanaged resources, discarding waste, holding capacity for higher discounts, and right-sizing computing services to sales. 

Public cloud services and their on-demand, scalable models are enabling organizations to achieve cost-efficiency and business continuity. With public cloud being the ‘new normal’, organizations are improving their digital transformation plans. 

“96% of acute care hospitals in the United States use a certified EHR platform by HHS.” Electronic Health Records (EHR) promote continuity of care, simplify patient data collection, and decrease overhead costs. In addition to this, EHR platforms have helped care providers to reduce mortality rates for chronically ill patients.

In response to the COVID-19 pandemic, healthcare providers turned up to digital innovations such as the enablement of remote monitoring, virtual consultations, e-visits, etc. While these tech-health options (also known as telehealth) proved to be a great support during the pandemic times, the old-school, in-person visits & consultation remained indispensable. That is why hybrid telehealth is gaining ground in the healthcare industry. 

CMMI (Capability Maturity Model Integration) is a process and behavioural model that assists organizations to streamline their processes efficiently and encourage productivity, promote efficient behaviour to decrease risk in software, product and service development. 

“A picture is worth a thousand words. An interface is worth a thousand pictures.” 

Design-led businesses swear by the principles and processes that have a human-centered core. Design thinking, which is a creative problem-solving approach enables businesses to focus on the people they are creating for. This, consequently, leads to better products, services, and internal processes.

The COVID-19 pandemic accelerated the digitization of business processes. While numerous tools supported rapid digitization, it somewhere impacted security, observability, traceability, and compliance of the digital solutions.

By 2024, low-code will be responsible for 65% of application development activities, according to Gartner. The pressure to deliver digital solutions in response to the COVID-19 pandemic has accelerated its adoption.

Being on the cloud comes with a cost. And as more and more organizations switch to the cloud, there arises a need to have a mechanism to control the rising cloud costs. 

Most IT departments tend to disregard the fact that cloud resources are metered which often leads to a spike in data fee. To this end, companies need to hire a cloud economist.