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The Economic Benefits of Cloud Computing

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Illustrated examples of the benefits of Cloud Computing for small to medium sized businesses.

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The Economic Benefits of Cloud Computing

  1. 1. 1 M A N A G E W A T C H
  2. 2. 2 Cloud Computing W H A T I S A model for enabling convenient, on demand network access to a shared pool of configurable computing resources (e.g. networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. NIST is implying the economies of scale that go with cloud computing when it refers to a pool of configurable resources. As defined by the National Institute of Standards and Technology
  3. 3. 3 CLOUD COMPUTING IS OFTEN REFERRED TO AS A TECHNOLOGY However, it is actually a significant shift in the business and economic models for provisioning and consuming information technology (IT) that can lead to significant cost savings. This cost savings is realized through the use of significant pooling of “configurable computing resources” or resource pooling. Resource pooling is the ability of a cloud to serve multiple customers using a multi-tenant, model with different physical and virtual resources dynamically assigned and reassigned according to demand.
  4. 4. 4 Several studies have shown… That cloud computing can lead to approximately 30 percent savings in IT resources, and that cloud deployments delivered a greater investment return with shorter payback periods when compared to traditional on-premise delivery options.
  5. 5. 5 CLOUD COMPUTING PROVIDES SOME STRONG BENEFITS AND ECONOMIC INCENTIVES. Selecting a public, private, hybrid or community cloud implementation will depend on a customer’s specifics application, performance, security and compliance requirements. Proper cloud deployment can provide significant savings, better IT services and a higher level of reliability. Benefits at a Glance: Lower Cost / Cap-Ex Free Computing / Deploy Projects Faster – Faster innovation / Scale as Needed / Lower Maintenance / Resiliency & Redundancy
  6. 6. 6 LOWER COST Since cloud computing pools all of the computing resources that can be distributed to applications as needed, it delivers better efficiency and utilization of the entire shared infrastructure. This leads to lower cost for power and facilities due to the smaller footprint.
  7. 7. 7 CAP-EX FREE COMPUTING A public cloud delivers a better cash flow by eliminating the capital expense associated with building and updating server infrastructure.
  8. 8. 8 DEPLOY PROJECTS FASTER FOSTER INNOVATION Because servers can be brought up & repurposed in a matter of minutes, the time to deploy a new application drops dramatically with cloud computing. Rather than installing and networking a new hardware server, the new server can be provisioned and imaged through a self-server control console. Or better yet with a private cloud, your service provider can provision a new server with a single call or support ticket. The mechanism also allows you to foster innovation by allowing you to try new configurations quickly and easily without waiting and paying for each new configuration.
  9. 9. 9 SCALE AS NEEDED As your applications grow, you can add storage, RAM, and CPU capacity as needed. Then means you can buy “just enough” and scale as the application demands grow, in the end, the customer is only paying for what they use and the level of service they request.
  10. 10. 10 LOWER MAINTENANCE Because cloud computing uses less physical resources, there is less hardware to power and maintain. With an outsourced cloud, you don’t need to keep server, storage, network, and virtualization experts on staff full time.
  11. 11. 11 RESILIENCY & REDUNDANCY You can get automatic failover between hardware platforms and disaster recovery services to bring up your server set in a separate data center should your primary data center experience an outage.
  12. 12. 12 THE ECONOMIC BENEFIT OF CLOUD COMPUTING IS CLEAR & COMPELLING It is available as a fraction of the cost of traditional IT services, eliminates upfront capital expenditures and dramatically reduces administrative burden on IT resources. Cloud computing is a pay-as-you-go approach to IT that requires a low initial investment- additional investment is incurred as systems use increases, and cost can decrease if usage decreases. In this way, cash flow better matches total system cost.
  13. 13. MANAGEWATCH Sean Teague President 13 OUR MISSION ManageWatch is a cloud service and technology provider founded on the belief that we can play a small part in helping our customers become great companies. C O N T A C T D E T A I L S steague@managewatch.com (214) 207-4249 @managewatch

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