DEVELOPING A CLOUD SOURCING STRATEGY
• The elements that make up your TCO
• The cost differences between cloud and on premise solutions
• How to make a meaningful comparison with your current setup
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What to consider when assessing cloud costs
“Cloud services can reduce TCO by as much as 60%. But improper implementation of a cloud project might only yield a reduction of 10%.”
- LeaseWeb research
What metrics should you measure when calculating total cost of ownership? For cloud there are many considerations beyond simple CAPEX and ROI calculations.
Exposing any hidden costs of a cloud solution before implementation prevents financial projections being derailed.
The flip side of calculating the growth that cloud could bring is to calculate the cost of not going to the cloud. What would the cost be of doing nothing?