Twitter Feed
SourceConnecte! Marketplace With A Mission
Earlier this year, GC GlobalNet launched a new breed of B2B e-commerce sites. Curated by Kevin L. Jackson, SourceConnecte (with an “eâ€) went live with three strategic goals in mind: Efficiently leverage modern…
Potential vs. Reality: Is Edge Computing Real?
Edge computing provides compute, storage, and networking resources close to devices generating traffic. Its benefits are based on an ability to provide new services capable of meeting stringent operational requirements…
Enabling Digital Transformation
Digital transformation integrates technology into all areas of an organization’s business or mission. Its fundamental purpose is to create and deliver innovative and industry-changing products and services to a global…
The ThinkShield Story Part 1: The Challenge
The cybersecurity challenge seems to be growing daily. Threats are becoming more sophisticated, and attacks are becoming more destructive while the corporate world’s response seems to resemble a deer…
CIO dream team: Who’s in and why?
Today’s CIO navigates the twin challenges of enabling new business models and managing rapid technological change. Cloud computing strategies are now table stakes. CIOs must make complex decisions about using…
Digital Transformation and the Mainframe
Digital transformation infuses digital technology into all areas of an organization’s business or mission. Its fundamental purpose is to create and deliver innovative and industry-changing digital products and services to…
Composable Architecture Q&A. Are you ready?
Q: Is it time for my company to jump on the composable architecture bandwagon? A: Composable architectures are quickly becoming essential to the modern enterprise. Citing a recent Forrester study:…
Increase Productivity by Reducing Technology Distraction: Lessons from Forrester Research
Workplace productivity is hurt every day by the very technology developed and purchased to improve it. Forrester announced this surprising conclusion in their latest “How To Wake Up From The Nightmare…
Unveiling the end-to-end capabilities for the networked society
An Interview with Henrik Basilier By Kevin L. Jackson The telecom industry is rapidly moving towards a future in which networks must have the capabilities of delivering services with the…
AT&T Finance Solutions GM on Shrimping, Software, and CX
Helping clients address the trends and challenges presented by the Financial Services industry is the main focus for René Dufrene in his role as General Manager of Finance Solutions at…
In a recent conference, analyst William Forrest says that large companies could end up paying more than twice as much by using cloud based services. According to a Forbes.com report, Deflating The Cloud, a study focused on a McKinsey & Co. financial services client showed that the financial firm would be paying 150% more for cloud-based services versus owning the infrastructure.
“Much of cloud computing’s misplaced hype, contends Forrest, comes from the assumption that businesses that make the switch will be able to do away with their entire IT department, an expensive collection of personnel. But in his analysis of McKinsey’s financial services client, Forrest found that only around 15% of the company’s 1,700 or so IT employees had hands-on access to hardware and software–most worked in support or other administrative areas. That means moving to Amazon’s service would only cut about 200 full-time workers, hardly the savings chief information officers might imagine.”
Others, including Amy Wohl leading analyst at Wohl Associates, disagree arguing that Forrest’s analysis leaves out the value of avoiding large capital outlays and ignores the flexibility inherent in cloud computing.
This is actually a good debate. The economic value of cloud computing needs to be studied carefully. Cloud computing is not the answer to all IT ills and if this market is to be successful, both the pros and cons must be well understood.
1 Comments
Cloud Computing
- CPUcoin Expands CPU/GPU Power Sharing with Cudo Ventures Enterprise Network Partnership
- CPUcoin Expands CPU/GPU Power Sharing with Cudo Ventures Enterprise Network Partnership
- Route1 Announces Q2 2019 Financial Results
- CPUcoin Expands CPU/GPU Power Sharing with Cudo Ventures Enterprise Network Partnership
- ChannelAdvisor to Present at the D.A. Davidson 18th Annual Technology Conference
Cybersecurity
- Route1 Announces Q2 2019 Financial Results
- FIRST US BANCSHARES, INC. DECLARES CASH DIVIDEND
- Business Continuity Management Planning Solution Market is Expected to Grow ~ US$ 1.6 Bn by the end of 2029 - PMR
- Atos delivers Quantum-Learning-as-a-Service to Xofia to enable artificial intelligence solutions
- New Ares IoT Botnet discovered on Android OS based Set-Top Boxes
We have to get away from the hype (and single company data samples!). Not all companies or applications should move over to the cloud. If you’re delivering more value, you should be charging more. Let’s keep the discussion rational and objective. See more on this discussion as it relates to a particular vertical – electronic design: http://tinyurl.com/cxfmuu