Twitter Feed
Crisis Response Using Cloud Computing
Cloud computing is more than servers and storage. In a crisis situation it can actually be a lifesaver. BlackBerry, in fact, has just become the first cloud-based crisis…
Cloudy Thinking and Digital Transformation
(Originally posted on the Engility Corporation Blog) There’s a lot to gain from cloud computing, but success requires a thoughtful and enterprise focused approach. Cloud computing decouples data and…
Blockchain Business Innovation
Is there more than bitcoin to blockchain? Absolutely, because today’s blockchain is opening up a pathtowards the delivery of trusted online services. To understand this statement, you need…
How Quantum computing with DNA storage will affect your health
By Guest Contributor: Taran Volckhausen, Contributing Editor at Vector (https://www.indexer.me) Moore’s Law, which states that processing speeds will double every two years as we cram more and more silicon…
36 Shades of Hybrid IT
Photo credit: Shutterstock Everyone has heard of the 50 Shades of Grey. But do you know the “36 Shades of Hybrid IT”? These shades are a new way of describing…
Digital Transformation Driven by ITaaS
Photo credit: Shutterstock When executing an effective digital transformation strategy, management is tasked with placing the right workload into the most appropriate IT environment. This represents a shift from…
IBM Interconnect 2017: Cloud, Cognitive and Data!
A couple of weeks ago while attending IBM Interconnect 2017 I had the awesome opportunity to participate in the IBM Interconnect 2017 Podcast Series with Dez Blanchfield. I not only…
The BYOD Problem
Everyone wants their device of choice right there next to them 24/7. To an employer, however, that smart device is nothing more than a dagger posed to rip apart every…
Both Sides of Enterprise Mobility
Photo credit: Shutterstock Enterprise mobility has become table stakes in the world of business. The ability to access current information at any time, from anywhere, on any device has really…
Cloud Computing Forensics Readiness
Photo credit: Shuterstock In today’s globally connected world, data security breaches are bound to occur. This, in turn, increases the importance of digital forensic readiness, or the ability to access…
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