How the Cloud Can Improve Your Bottom Line
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Now that cloud technology has made its way in to our lives, both personal and professional, it’s time for businesses to decide if it is the right move for them.
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How the Cloud Can Improve Your Bottom Line
- 1. MBI – GP Strategies Company Confidential How the Cloud Can Improve Your Bottom Line
- 2. Now that cloud technology has made its way in to our lives, both personal and professional, it’s time for businesses to decide if it is the right move for them. 2
- 3. Source: Stamford Advocate, 2017 Statistics show that by 2020, more than 53% of businesses will run a cloud solution 3
- 4. There are several benefits in moving to the cloud. Advanced Customization24/7 Support Platform Integrations Modern User Experience Internet of Things, Artificial Intelligence, & Machine Learning 4
- 5. • Is this going to improve our ROI? • Will this initiative require an increased budget? • How do I convince my senior management that this is a good investment? Cost is always an issue for organizations when they consider a digital transformation. 5
- 6. 6 This may surprise you, but cost can be a large benefit in moving to the cloud.
- 7. On average, cloud solutions have a cost savings of about 30% over their on-premise equivalents. 7 Source: Fusion Alliance, 2016
- 8. 8 Things to consider when calculating cost… User licensing Implementation costs Maintenance Storage vs. server costs System upgrades Support vs. internal resources
- 9. 9 Companies can decrease their costs with a cloud solution because they can minimize cost in areas such as… Free system upgrades Maintenance and support Storage costs rather than on-site servers
- 10. 10 • Cost savings • Increased productivity • User engagement These companies are seeing tremendous benefits.
- 11. 11 Because of the significantly lower cost, companies with employment numbers under 5,000 have been the early adopters of cloud technology. Source: Stamford Advocate, 2017
- 12. 12 However, mid- to large-size organizations have started migration plans because benefits are realized and cost savings can be significant.
- 13. 13 78% of organizations that do migrate to the cloud feel that their expectations for their implementation are met. Source: HRTechnologist, 2017
- 14. 14 What are you doing to prepare your organization to realize these same benefits?
- 15. 15 Learn more about your cloud migration options at gpstrategies.com
- 16. We’re at our best when helping our clients achieve their best. Making a meaningful impact on the world together. gpstrategies.com © 2018 GP Strategies Corporation. All rights reserved. GP Strategies, GP Strategies and logo design, Academy of Training, Asentus, B2B Engage, Bath Consultancy Group, Beneast Training, BlessingWhite, CLS Performance Solutions, Clutterbuck Associates, Communication Consulting, Effective-People, Emantras, Future Perfect, GP Sandy, Hula Partners, IC Axon, Information Horizons, Jencal Training, Lorien Engineering Solutions, Marton House, Maverick Solutions, McKinney Rogers, Milsom, Option Six, PCS, PerformTech, PMC, Prospero Learning Solutions, Rovsing Dynamics, RWD, Smallpeice Enterprises, Ultra Training, Via Training, YouTrain, EtaPRO, GPCALCS, GPiLEARN, GPiLEARN+, GPSteam, and VirtualPlant are trademarks or registered trademarks of GP Strategies Corporation in the U.S. and other countries. All other trademarks are trademarks or registered trademarks of their respective owners. Proprietary to GP Strategies Corporation We’re social, chat with us! @gpcorp gpstrategies blog.gpstrategies.com gp-strategies-corporation GPStrategiesCorp info@gpstrategies.com 16
Editor's Notes
- Data Revised 9.6.18 Information Classification Information classification is a critical part of GP Strategies data security. The following classifications should be applied to any document that is not classified as PUBLIC INFORMATION. For more information regarding information classification and handling, please visit the IT Security Center https://gpweb.gpstrategies.com/corp/its/Security/Security-Home.aspx High Business Impact (HBI - GP Strategies Company Confidential) This classification category MUST be assigned to information asset types where unauthorized disclosure could cause severe or catastrophic material loss to GP Strategies, the Information Asset Owner, or relying parties. These are not actual GP Strategies classifications but some illustrative examples of what could be classified as HBI by the Information Asset Owner: • Authentication/authorization credentials and/or other information that can be used to directly or indirectly authenticate or authorize valuable transactions • Information under strict regulatory handling requirements (e.g., Directive 95/46/EC, GLBA, PCI, HIPAA, and CA SB1386) and/or business secrets (e.g., unannounced financials, trade secrets) • Source code, symbols, binaries, or specifications that could negatively impact GP Strategies competitive advantage or Intellectual Property rights Moderate Business Impact (MBI - GP Strategies Company Confidential) This classification category MUST be assigned to information asset types where unauthorized disclosure could cause serious material loss to GP Strategies, the Information Asset Owner, or relying parties. These are not actual GP Strategies classifications but some illustrative examples of what could be classified as MBI by the Information Asset Owner: • Unreleased training materials and network infrastructure configurations and/or designs • Source code or binaries that, if reverse engineered or cloned, could result in serious material impact to the quality and/or integrity of GP Strategies products or brand. Low Business Impact (LBI - GP Strategies Company Confidential) This classification category MUST be assigned to information asset types where unauthorized disclosure could result in none to limited material loss to GP Strategies, the Information Asset Owner, or relying parties. These are not actual GP Strategies classifications but some illustrative examples of what could be classified as LBI by the Information Asset Owner: • Companywide announcements and information that all employees, contractors, and those under NDA have been approved to read • Source code for publicly released training materials. Public Information: This classification category is assigned to information intended for public use that, when used as intended, would have no adverse effect on the operations, assets, or reputation of GP Strategies, or the GP Strategies' obligations concerning information privacy. Public information requires no labeling.