For a finance firm facing seasonal transaction increases, what is the BEST approach to manage resource needs without adding permanent infrastructure?

The best approach for a finance firm facing seasonal transaction increases is to implement cloud bursting to auto scale the resources. This method enables the firm to extend its processing capacity during peak times without committing to the permanent increase in physical infrastructure.

Cloud bursting allows an organization to maintain baseline capacity on its own infrastructure while leveraging the public cloud to handle spikes in demand. This ensures that during periods of high transaction volume, such as seasonal peaks, the firm can quickly provision additional resources in the cloud to manage these increases effectively. Once the peak period is over, resources can be scaled back down, thereby avoiding unnecessary costs associated with maintaining excess capacity throughout the year.

This approach is particularly advantageous for organizations with fluctuating workloads, as it provides flexibility and efficiency in resource management. It allows the firm to only pay for the extra capacity it uses during peak times, optimizing costs and ensuring performance without the burden of investing in potentially unused permanent infrastructure.