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Using cloud industry trade secrets to cut costs

The recent pandemic has forced companies to go digital and companies that have already gone digital increased their capacity. The concept of 4IR in South Africa has had a slow uptake compared to developed countries. With the recent situation, in order to survive both individuals and companies have had to embrace and adapt.
Tumelo Ramaphosa, founder and CEO of Studex
StudEX Enterprise and AWS have partnered up to bring the StudEX and AWS Business Rescue Summit. The summit will bring to light trade secrets to assist large entities in decreasing their spend more specifically with their cloud solutions.

Cloud storage is a cloud computing model that stores data on the internet through a cloud computing provider who manages and operates data storage as a service.

Cloud storage is purchased from a third-party cloud vendor who owns and operates data storage capacity and delivers it over the internet in a pay-as-you-go model. These cloud storage vendors manage capacity, security and durability to make data accessible to your applications all around the world.

According to Tumelo Ramaphosa, founder and CEO of Studex, “Over the past couple of years, I've gotten to know key industry insiders at places like Apple, Amazon, and Microsoft... And they've taught me three ways that most CTO's and CFO's don't normally focus on that can reduce cloud spend up to 40%. In fact, we recently worked with a large African commerce company and reduced their monthly AWS bill by $600,000 per month.”

Cloud computing has never been more important as everyday life activities such as Banking, Email, Media Streaming, and Ecommerce all use the Cloud and have been in great demand almost overnight.

With the change in consumer behaviour because of the restrictions enforced, companies have suffered severe losses with devastating implications. The StudEX and AWS Business Rescue Summit aim to cut company expenses to allow them to recover and run their businesses optimally. This webinar will take place on 9 June 2020.
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