Despite concerns related to the cost of transitioning to cloud-based services, CIOs rate cloud computing as their top investment priority for 2014
Fear of Flying: the Cost of Moving to the Cloud
The findings of a global survey of CIOs into attitudes and apprehensions relating to Cloud computing has revealed that almost 80% are concerned about the costs, both overt and hidden, associated with Cloud computing. “CIOs need to make the case that mainstream emerging mobile, big data, social, and Cloud technologies justify revisiting IT budget and investment levels.”
A great way for CIOs to make this case is by demonstrating that the time-to-deployment for Cloud applications or Cloud infrastructure is faster than a comparable on-premise solution.
Ben Kepes, author and technology evangelist, proposes that users “sign up for a Cloud application and compare the time it takes to buying, installing and learning often unfriendly traditional software”. He adds that “setting up a server with a Cloud infrastructure vendor is far quicker than the often painful process of requisitioning, getting final approval for, and waiting for deployment of physical hardware”. Simply put, the Cloud demonstrably takes you where you want to go faster. And speed drives economic benefits.
Takeoff: Shaping a Cloud that Fits Your Needs
The use of cloud computing is growing across the world and across all industries. By 2016 this growth will increase to become the bulk of new IT spend, according to Gartner, Inc. In 2016, private Cloud is expected to give way to hybrid Cloud, and by the end of 2017, almost 50% of large enterprises will deploy hybrid Clouds.
To make your move to the Cloud as smooth as possible, you’ll need to shape a Cloud strategy that’s tailor-made for your business needs. By analyzing your existing environment and identifying the business areas, workloads, and user storage demands that will benefit most from a move to the Cloud, you can determine the model best suited for your business priorities: the one that perfectly balances private & public hosting and delivery solutions to ensure your business-critical functions.
The next step is finding a vendor who’s experienced, reliable and mature enough to deliver the goods you need. Maturity is an essential quality for a vendor in what is essentially still a nascent technology. Other crucial factors to consider include a vendor’s uptime, his reference customers, his security and privacy policies, and the quality of his Service Level Agreements.
When moving core and critical data to the Cloud, you will obviously have many other concerns. The right vendor will be able to provide you with customized solutions for even your most complex workloads and tasks.
Landing: Reaping the Rewards of Your Cloud Investment
By 2025, the potential economic impact for Cloud technology through productivity improvements for enterprise IT could reach $500 billion to $700 billion, according to a McKinsey & Company report on disruptive technologies. The report goes on to say that the economic impact could be even greater, as IT departments discover and create new industry-specific applications for the Cloud.
As CIOs begin the process of renovation to achieve business and technical goals, the Cloud is already playing a vital role in restructuring their legacy and outdated core systems, while dramatically lowering costs, increasing productivity, and ensuring a rapid return on investment. The Cloud is also meeting the exploding storage needs of employees currently faced with unprecedented floods of digital data that must be accessible from whatever device they use.
Developing and investing in a Cloud strategy is crucial to the future of your business – and to the relevance and revitalization of your IT department. Your transition to the Cloud will ensure the creation of massive new value, as well as new roles and greater empowerment for CIOs and IT departments everywhere.