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Facilitators Announced For NGA Agile Cloud Brainstorming Event
The Information Technology Acquisition Advisory Council (ITAAC) and the Telecommunications Industry Association (TIA) are announcing a slate of innovative leaders to serve as facilitators for the upcoming “Agile Sourcing Environment…
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Associate Spotlight Interview with Kevin L. JacksonMBO Associate Since 10/2013 1) Tell us a little bit about what you do.I am the CEO and founder of GovCloud Network, LLC. In…
ITAAC/ICH and TIA To Host Commercial Cloud Sourcing Brainstorming Session for NGA
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Author and Tech Strategist Melvin Greer Profiled by WashingtonExec
Congratulations to my NCOIC colleague and dear friend Melvin Greer on his impressive WashingtonExec interview. A senior fellow and chief strategist at Lockheed Martin, Mel has more than 29 years’…
IT Risk Management Summit – March 26, 2013 – Reston, VA
In response to growing demand for formal software risk and quality management tools, the nations’ most respected standards bodies and IT communities of practice have joined forces to advance the…
PerspecSys Survey Reveals Cloud-based Security Concerns for 2014
Today PerspecSys announced the results of a survey conducted at the 2014 RSA Conference concerning the attitudes and policies of organizations towards cloud-based security. After polling 130 security professionals on…
NCOIC Debuts Roadmap for Designing, Managing Cyber-secure Hybrid Computing Environment
Open process by the Network Centric Operations Industry Consortium uses cloud infrastructure to cut computing costs in half and enable collaboration by different systems and users WASHINGTON—March 5, 2014—The Network…
Why State & Local Governments Should be Prepared for Cloud
You are invited to attend the Cloud Webinar Series: Why State & Local Governments Should be Prepared for Cloud. This educational webinar is brought to you by RISC Networks, and…
IBM Hybrid Cloud Debate: Experts debate: Are Hybrid Clouds the End All Be All?
A hybrid cloud may become the solution as the debate between public vs private cloud becomes so 2013. The industry’s experts will debate on when the hybrid clouds are and…
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.
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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