Making A New Business Case For Cloud Computing
InfoWorld, April 14th, 2023
We thought cloud was all about cost savings, but that metric was wrong. We need to put a value on the agility and innovation cloud brings, not just dollars and cents.
It's a familiar scene in 2023. A CIO nervously presents the cloud migration status to the board of directors. After a quick flip through a dozen or so PowerPoint slides and a review of the budget that supports the projects, a few uncomfortable questions arise:
- What cost savings is 'the cloud' returning to the business?
- Will those cloud cost savings pay for the cloud migration?
- How much money can we expect to save from the use of cloud computing moving forward?
These are valid questions for a business to ask about funded changes; there should be some business benefit from any investment an enterprise makes, whether installing solar panels or using a new supply chain automation system.