{"id":3604,"date":"2013-03-04T07:00:52","date_gmt":"2013-03-04T15:00:52","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=3604"},"modified":"2013-03-04T07:00:52","modified_gmt":"2013-03-04T15:00:52","slug":"cloud-computing-benefits-both-financial-and-operational","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/cloud-computing-benefits-both-financial-and-operational\/","title":{"rendered":"Cloud Computing Benefits: Both Financial and Operational"},"content":{"rendered":"<p>Two primary benefits of cloud computing are financial and operational, says\u00a0<a title=\"FreshlyTechy Article on SeattlePI\" href=\"http:\/\/www.freshlytechy.com\/tech-business\/\" target=\"_blank\">FreshlyTechy <\/a>in a SeattlePI\u00a0<a title=\"FreshlyTechy article on SeattlePI\" href=\"http:\/\/www.seattlepi.com\/business\/article\/How-Cloud-Computing-is-Changing-the-IT-Industry-4263418.php\" target=\"_blank\">article<\/a>.<\/p>\n<p>Consider the financial benefits of the cloud. \u00a0 A <a title=\"KPGM survey on cloud efficiencies\" href=\"http:\/\/www.cio.com.au\/article\/453252\/third_it_execs_face_cloud_integration_implementation_issues_survey\/?fp=16&amp;fpid=1\" target=\"_blank\">survey by KPGM<\/a> found that 70 percent of businesses say that the cloud has already brought them significant efficiencies and cost savings.<\/p>\n<p>Rick Madan, executive director of network services for TEKsystems, <a title=\"Rick Madan on financial benefits of cloud\" href=\"http:\/\/www.seattlepi.com\/business\/article\/How-Cloud-Computing-is-Changing-the-IT-Industry-4263418.php\" target=\"_blank\">said <\/a>that &#8220;the total cost of ownership of software and hardware goes down for end users since they are removed from the business of buying, licensing, and maintaining associated assets. \u00a0Furthermore, the revenue-and-service premise for cloud providers is built on a &#8216;pay as you go&#8217; model so as an end-using company, instead of getting bogged down in the sunk costs of servicing debt related to sometimes idle IT processes and resources, the cloud model allows you only pay for those actually utilized by the business at any given moment.&#8221;<\/p>\n<p>There are operational benefits from the cloud too. \u00a0The introduction of cloud computing can be transformative to the operations side of the business. \u00a0Tasks that focus on the lifecycle management of hardware and software often get offloaded from the business to the cloud provider. \u00a0Tasks like change control, versioning, upgrades and updates, release management, storage, process job management, and data center mirroring are either eliminated or greatly reduced.<\/p>\n<div id=\"_mcePaste\">\n<div id=\"_mcePaste\"><a title=\"Craig Ryman bio\" href=\"au.linkedin.com\/pub\/craig-ryman\/4\/628\/b66\/\" target=\"_blank\">Craig Ryman<\/a>, IT director at AMP Capital Investors, <a title=\"Adoption of the cloud\" href=\"http:\/\/www.cio.com.au\/article\/453252\/third_it_execs_face_cloud_integration_implementation_issues_survey\/?fp=16&amp;fpid=1\" target=\"_blank\">called adoption of the cloud <\/a>an operational &#8220;game changer&#8221; for their business. \u00a0&#8220;It is critical that we realize maximum value from our investment. Beyond a focus on costs, we\u2019ve deliberately taken a strategic, \u2018whole of portfolio\u2019 approach, recognizing that changes to our operating model will be required to achieve our long-term growth objectives.&#8221;<\/div>\n<div>\n<div><\/div>\n<div>Madan said &#8220;make no mistake, for IT departments and individual IT workers, it&#8217;s no longer a question of&#8217;will&#8217; cloud become part of the mix. \u00a0It&#8217;s just a question of to what extent.&#8221;<\/div>\n<div><\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-computing-benefits-both-financial-and-operational%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div 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Consider the financial benefits of the cloud. \u00a0 A survey by KPGM found that 70 percent of businesses say that the cloud has already brought them<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/cloud-computing-benefits-both-financial-and-operational\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3604","post","type-post","status-publish","format-standard","hentry","category-cloud-computing"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=3604"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3604\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=3604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=3604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=3604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}