As the pandemic drags on, some enterprises are forced into reducing their workforce, or worse even shutting down due to the subsequent recession that followed.
Data from the Philippines Statistics Authority (PSA) released last March showed that the economy shrunk more than expected in the first quarter this year, extending the recession to five straight quarters. The country's GDP declined to -4.2 percent in the first quarter of 2021, which is significantly lower to -0.7 percent in 2020 Q1 and 5.9 percent in 2019 Q1.
What’s more, the pandemic has drastically changed the way businesses operate, pushing businesses to reject former processes and create working environments that entail less physical interaction. There were notable enterprises that barely flinched amid the lockdowns since their operations have integrated cloud technology.
Making Enterprises Agile
In recent years, cloud technology has helped businesses streamline their processes and create a virtual office, giving them the flexibility to operate their services anywhere at any time. And with the growing number of web-enabled devices in today's work environment, access to data is also made even more available.
Take it from Lockton Philippines Insurance & Reinsurance Brokers, Inc., who started their cloud journey with migration to the Amazon Web Services (AWS) cloud platform in 2020 with the services of Stratpoint Technologies, a digital transformation enabler delivering enterprise-grade solutions.
Lockton knows that as an insurance brokerage firm amid a global health crisis, they must ensure that their clients have 24/7 access to insurance policy information and claims. Being in the cloud lets them continue servicing their customers regardless of limited movement and restricted office operating hours. They continued conducting their business transactions as they worked remotely.
Stratpoint assisted Lockton with tools, methodologies, frameworks, and best practices to ensure an accelerated, streamlined migration to the cloud. Now, the insurance brokerage firm is benefitting from a reliable infrastructure, automated backup, and disaster recovery in place, without requiring a large team to maintain it.
Stratpoint also helped Lockton implement their IT roadmap to scale, expecting more savings from cost efficiency due to AWS's elasticity, scalability, and the OPEX subscription model.
Building a Future-proof Business with AWS
Recognizing the full potential and benefits of cloud services for Filipino enterprises, Stratpoint offers a full suite of cloud-based services for AWS, allowing businesses to innovate operations, integrate digital solutions, and grow despite challenges, helping them thrive amid uncertain times.
AWS is a comprehensive, evolving cloud computing platform provided by Amazon that includes a mixture of infrastructure as a service (IaaS), platform as a service (PaaS), and packaged software as a service (SaaS) offering. It offers organizations tools such as compute power, database storage, and content delivery services.
Businesses can modernize their applications on AWS, giving them the ability to scale to potentially millions of users quickly, have a broad reach, manage extensive data, and respond to customer needs fast. It allows organizations to innovate faster while reducing risk, time to market, and total cost of ownership.
A Partner for Growth, Resilience
As an AWS Advanced Consulting Partner, Stratpoint can help businesses take full advantage of everything AWS has to offer and accelerate their journey to the cloud, with over 90 percent of the Fortune 100 companies and most Fortune 500 companies using AWS Partner solutions and services.
"Migrating to the cloud with AWS presents opportunities for businesses of all sizes to embrace digital transformation while keeping initial investment costs low. Developing an agile mindset and adopting new technologies will help Filipino enterprises thrive and be in fighting form amid these uncertain times," said Mary Rose Dela Cruz, Stratpoint Chief Executive Officer.
Stratpoint is also offering an AWS Migration Promo for small and medium-sized businesses (SMBs), the same promotion Lockton availed to start its AWS migration, to help companies cope with today's challenges.
Any company interested in availing the promo will receive three months’ worth of AWS credits, allowing them to save up to $20,000 of costs to jumpstart their AWS migration. Stratpoint is still offering their promo to any interested companies who want to start their migration to the cloud.
“We want to help more companies like Lockton in accelerating their cloud journey. We understand how transitioning from a traditional server setup to the cloud can be overwhelming, especially for companies with lean IT teams and budgets. Bringing our decade-long experience into our cloud projects, translated into best practices, methodologies, and templates, we make each cloud migration simple, seamless, and scalable,” said Sonny Carlos, Stratpoint Head of Cloud Business.
Stratpoint builds modern applications for enterprises that elevate customer experiences and promote business growth in the digital economy today and in the future. The company leverages its expertise and experience with Filipino enterprises and Silicon Valley startups to design, develop, and manage software, cloud, data, and AI solutions, enabling companies to become agile, scalable, and competitive in the global market.
If you want to find out if your company qualifies for the AWS Migration Promo (and save up to $20,000 or ₱1,000,000), send Stratpoint a message at [email protected].