Rethinking Risk Management

Last month, we partnered with Hewlett Packard Enterprise (HPE) to host a one-of-a-kind event, the Stromasys Summit: Managing Risk & Protecting Investment. The event took place on the 18th of May in one of the world’s largest engineering institutions: The Institution of Engineering and Technology (IET) in London.

The focus of the event was tackling the challenges of supporting mission critical IT applications and keeping them running unmodified, without the risks and costs associated with aging legacy hardware.

The summit featured presentations from Stromasys CEO John Prot and HPE’s Jeremy Bright, solution and technology consultant, as well as guest speaker Dr. Simon Moores, a renowned security and technology futurist and risk consultant. Moores provided an insightful and thought-provoking speech concerning business risk in an increasingly complex and dynamic environment—and enabling business continuity in its midst. In his presentation, Moores said, Enabling both consolidation and business continuity for key applications over time becomes a growing challenge for organizations, and all of us here today recognize that virtualization is a well-managed path to reducing both the risk and cost of an aging infrastructure.”

                                         

Virtualization is the way forward, the key to reducing the risks and costs associated with legacy systems without compromising their time-tested quality. The costs of virtualization are relatively low compared to the costs associated with unplanned downtime due to hardware failure, and the cost of waiting can be devastating. Too often virtualization is postponed until a hardware failure prompts immediate action. One of the keys to managing risk is, quite simply, planning ahead: acknowledging the weaknesses of legacy hardware (their age and potential for downtime) and taking steps to defend against these weaknesses by virtualizing the legacy hardware.

In HPE’s Jeremy Bright’s presentation, titled “HPE Composable Infrastructure Supporting Your Mission Critical Workloads,” he concluded by linking Charon solutions and HPE Composable Infrastructure as a medium for making mission-critical applications fit for the future. Business continuity is, after all, essential.

Customer testimonials provided a pivotal and intriguing session of the Summit, allowing the audience to interact with Stromasys’ customers while getting insights into Charon implementation processes.  The Summit concluded with demos from Stromasys senior support engineers, giving attendees experience with the Charon solution in real time. Attendees of this Summit hailed from a wide range of countries including Mexico, Ireland, UK, Greece, Switzerland and the USA.

If you were unable to attend the Summit but would be interested in a demo, contact us to request one. Or, to learn more about risk management for your legacy systems, download this white paper.