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Modernizing the IT landscape of Hoist Finance using Microsoft Azure

Nov 11, 2022

Hoist Finance, a debt restructuring partner based in Stockholm, Sweden, embarked on a digital transformation journey to modernize its IT landscape. The company's legacy infrastructure and distributed data centers were not suitable for this transformation, necessitating a re-evaluation of the IT infrastructure. To address this need, Hoist Finance adopted a cloud-based infrastructure leveraging Microsoft Azure, marking the beginning of a sustainable growth strategy. LTM, a Tier-1 Expert MSP Partner with Azure, was enlisted as the digital transformation partner. LTM initiated the transformation process by conducting a detailed cloud readiness assessment using Infinity Insights. This assessment aided in accelerating business decisions. The company then reviewed Hoist Finance's infrastructure and applications architecture, and offered a roadmap for a seamless migration to Azure. The future-ready platform was built with a well-architected and enterprise-scale secure landing zone in Azure, using LTM SmartDeploy, in alignment with Microsoft Cloud Adoption Framework (CAF) guidelines. All applications were migrated to the cloud in an agile manner, ensuring no disruption to services. To optimize costs, right-sizing of workloads was achieved by leveraging Azure's cloud-native services. A multi-region disaster recovery solution was implemented using Azure Site Recovery (ASR), resulting in improved operational resilience for all production workloads. The transformation resulted in a 35% reduction in overall Total Cost of Ownership (TCO), with optimal additional savings achieved through effective reuse of licenses. The migration of 80% of apps to the cloud reduced the data center footprint. The transformation also increased business agility with improved Service Level Agreements (SLAs) to the business, and improved automation due to the adoption of cloud services. In summary, Hoist Finance partnered with LTM to modernize its IT landscape using Microsoft Azure. The transformation resulted in a cost-effective, secure, and future-ready platform that hosts critical business applications and services, aligned with Hoist Finance's Business Continuity Plan (BCP) and Disaster Recovery (DR) strategy. The transformation also provided benefits such as improved automation, business agility, and operational resilience.

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