Title
AWS re:Invent 2023 - S&P Global’s Enterprise Network Exchange Powered by Alkira’s NaaS (NET103)
Summary
- S&P Global, a leading provider of financial market intelligence, underwent a $44 billion merger with IHS Market, leading to complex integration challenges.
- Guru Prasad Ramamurti, VP of Global Networking and Security at S&P Global, shared how they partnered with Alkira to deliver integration at speed and scale.
- Alkira's Network as a Service (NaaS) platform enabled S&P Global to handle multi-cloud environments, hybrid setups, mergers and acquisitions, and partner onboarding.
- Alkira's solution is a SaaS offering that simplifies network orchestration, allowing rapid deployment across the globe.
- S&P Global has connected 3,000 customers to their network, transformed legacy partner connections, and set up new regions in less than 20 days without capital investment.
- Alkira's platform provides a single pane of glass for network visibility and control, facilitating multi-cloud troubleshooting and secure data streaming for AI applications.
- The transition to Alkira's NaaS is expected to result in double-digit million-dollar savings for S&P Global by reducing MPLS network costs and improving application performance and agility.
Insights
- The merger between S&P Global and IHS Market highlighted the need for agile and scalable network solutions to integrate large-scale enterprise systems quickly.
- Alkira's NaaS offering represents a significant shift in networking, moving away from traditional hardware-based solutions to cloud-native, software-defined networking.
- The ability to onboard partners and customers onto a secure, scalable network infrastructure is crucial for enterprises like S&P Global that operate in the financial services industry.
- Alkira's platform enables enterprises to maintain their networking expertise while also upskilling their teams to manage modern, abstracted network environments.
- The use of Alkira's NaaS solution by S&P Global demonstrates a growing trend towards cloud-based networking solutions that offer cost savings, improved performance, and greater agility compared to traditional MPLS networks.
- The case of S&P Global suggests that enterprises are increasingly looking to leverage cloud-native services to enhance their global network infrastructure, reduce latency, and streamline operations.