In the midst of economic uncertainty or modest revenue gains,
strategic methods of savings are important to leaders. The CIO is put in
a position to review IT costs and cut expenses while keeping the
business operational and transparent with improved tracking. Cloud
computing is the phenomenon that is shifting organizations from
developing, servicing and supporting business functional systems to
analyzing, developing, and allowing externally hosted solutions. Why is
the shift to cloud computing moving swiftly? It is a viable option that
can “rain” savings and provide the most value to any organization.
Cloud
computing is the latest trend in Total Cost-of-Ownership (TCO) because
it streamlines software, hardware, and/or development to an off-site
location hosted by reputable vendors. The services offered by reputable
vendors like Oracle (including SUN), Google, Salesforce.com, Amazon, and Microsoft fall into one of
three categories: software-as-a-service provider;
infrastructure-as-a-service provider (offering Web-based access to
storage and computing power); and platform-as-a-service providers
(giving developers tools to build and host Web applications). Although
security remains the dominant concern of leaders not moving in the cloud
trends, there are three reasons why major financial, healthcare,
pharmaceutical, consumer goods, security, and not-for-profit, and
government institutions are investing in cloud computing to thwart
declines in their bottom line.
Read more about the three top savings.
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