Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Cloud Computing: Cost Saver or Additional Expense?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > IT > Cloud Computing > Cloud Computing: Cost Saver or Additional Expense?
Cloud ComputingIT

Cloud Computing: Cost Saver or Additional Expense?

CloudWedge
CloudWedge
6 Min Read
SHARE

If you are an IT professional managing large blocks of data on-premises, you have probably heard from your industry peers that you should be operating in the cloud. The overwhelming majority of these colleagues cite efficiency and cost benefit as the two major reasons of why choosing the cloud is a “no brainer.”  While cloud efficiency is indisputable, there are numerous tech experts who are not sold on the financial benefits of the cloud.

Contents
Know What You NeedCommunication and Concentration are Key!Understand the Plan before Pulling the TriggerShop AroundFree at First, an Arm and a Leg at Last“Brick & Mortar” Vs. CloudConclusion – No Question

If you are an IT professional managing large blocks of data on-premises, you have probably heard from your industry peers that you should be operating in the cloud. The overwhelming majority of these colleagues cite efficiency and cost benefit as the two major reasons of why choosing the cloud is a “no brainer.”  While cloud efficiency is indisputable, there are numerous tech experts who are not sold on the financial benefits of the cloud. Thus, CIOs and industry big-wigs looking into the cloud are often left confused and are therefore indecisive regarding the direction of their IT strategy. Is the cloud truly a cost saver as many people claim or is it all a façade?

Know What You Need

If you were to look at some of the negative feedback about moving to the cloud, the majority of these responses would mention the unexpected high costs. Though they are likely being honest, it’s important to note that a large portion of these individuals probably didn’t plan accordingly. Understanding your enterprise’s needs can save you tens of thousands of dollars on a cloud plan. Similarly, you could choose a plan that looks like a fantastic value proposition, however it fails to meet expectations. In order to use the cloud effectively and economically, you should draw up a plan of what your requirements are. Be sure to answer all of your questions prior to purchasing a plan. Does your organization require a single or multi-service plan? Determine your network costs. Factor in over and under-provisioning.

Communication and Concentration are Key!

Once organizations are using the cloud, admins frequently lose focus. How so? They need to perform constant system audits. Sadly, many admins forget to do so or simply don’t communicate well with one another (assuming there are multiple admins). Another common flaw is that they simply don’t know how frequently their VMs or appliances will be used. And when your VMs sit idle or you don’t understand how often you will need virtual appliances? Let’s just say that cloud service providers are in the money. Similarly, you need to figure out what type of storage you require (i.e. bare metal storage). If you don’t need your data to be accessible at all times, you can save a significant amount of money.

More Read

data breach and protection
Terrifying Big Data Report Shows Anyone Can Get Your Info for $2
The Cloud is Disrupting Project Management in the Construction Industry
3 Ways Having the Wrong Internet Service is Costing You Money
5 Essential Steps To Take After A Data Security Breach
Vendor Security is Key to Preventing Future Data Breaches

Understand the Plan before Pulling the Trigger

Here’s the issue: there is no universal approach for organizations looking to “tap into” the cloud. All needs are different from one company to the next. Cloud pricing can heavily fluctuate by service provider depending on how the cloud service you are interested in is delivered. For example, many providers charge security and management fees. Make sure to go through the SLA (Service Level Agreement) for your specific plan prior to making your decision.

Shop Around

Just like consumers, businesses and CIOs should conduct their due diligence. There is nothing wrong with comparison shopping, and in fact, it is strongly advised to shop around. Some providers charge for network traffic while others don’t. As mentioned above, pricing varies dramatically from provider to provider.

Free at First, an Arm and a Leg at Last

Even when you think you have found the right provider for you, it is important to look at the “exit” costs. Cloud providers will pull you in with all sorts of enticing offers but if you make the wrong choice and end up needing to switch providers, extracting your data can be a substantial cost. Make sure to ask what these charges are or if any exist.

“Brick & Mortar” Vs. Cloud

Though the above may make you hesitant about making the switch to the cloud, but it shouldn’t. The one important factor that is clear is that it cloud infrastructure will almost always be cheaper than on premise infrastructure. While the cloud could theoretically cost more than an on premise service if you don’t map out a plan, it won’t be by much. Furthermore, the time you will save will more than make up for the additional cost.

Conclusion – No Question

Like everything in life, you need to prepare accordingly. Assuming you allocate the proper amount of time to research each provider and you understand your organization’s needs, operating in the cloud can save your business a considerable amount of cash. Moreover, in the dynamic world of technology, pricing is constantly dropping due to fierce competition. If you haven’t already made the switch to the cloud, you should consider it as soon as possible simply for the financial gain your business will realize.

The post Cloud Computing: Cost Saver or Additional Expense? appeared first on CloudWedge.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

sales and data analytics
How Data Analytics Improves Lead Management and Sales Results
Analytics Big Data Exclusive
ai in marketing
How AI and Smart Platforms Improve Email Marketing
Artificial Intelligence Exclusive Marketing
AI Document Verification for Legal Firms: Importance & Top Tools
AI Document Verification for Legal Firms: Importance & Top Tools
Artificial Intelligence Exclusive
AI supply chain
AI Tools Are Strengthening Global Supply Chains
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

file sharing errors
Business IntelligenceBusiness RulesITSecurity

Avoid Data-Driven Cyber Attacks By Avoiding These 5 File Sharing Errors

6 Min Read
mobile secure payments
ExclusiveMobilitySecurity

How Secure Are The Most Popular Mobile Payment Methods?

7 Min Read
Crystal ball
AnalyticsBig DataData MiningData WarehousingHadoopITMapReduceModelingOpen SourcePredictive AnalyticsSentiment AnalyticsSocial DataSocial Media AnalyticsSoftwareUnstructured DataWorkforce AnalyticsWorkforce Data

3 Organizations That Can See the Future with Predictive Analytics

6 Min Read

Cloud and Business Transformation: This time, it’s different.

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?