Cloud computing promises a low cost of entry and fast return on investment, but that ROI can fall short of expectations if hidden costs are left out of the equation. A new white paper from global IT association ISACA, "Calculating Cloud ROI: From the Customer Perspective," takes a close look at the true costs of cloud migration and offers a practical framework for calculating returns on migrating to the cloud.
Niraj Kapasi, CISA, Chair, ISACA India Task Force, said, “It is essential to understand whether the overall TCO can be decreased while increasing the ROI by moving to the cloud where the initial spending is less, but the later costs could increase. Tools for calculating Cloud ROI need to be simple, but accurate, and based on realistic expectations to support investment. ISACA’s latest white paper on calculating Cloud ROI provides the tools to help make decisions regarding moving to the Cloud.”
George Watt, Vice President, strategy, CA Technologies said, “Early in our deployment we consolidated 44 locations and were able to drive millions in real estate savings and in productivity gains, as well as a 25 percent reduction in budget. Yet, our new found agility was the unsung hero. From our perspective, one of the most important steps in calculating ROI is ensuring second-order costs are considered so there is a legitimate understanding of the complete cost of cloud and non-cloud options.”
