253.777.0763    Get SUPPORT

Is Your Cloud Solution Actually a Money Pit?

Is Your Cloud Solution Actually a Money Pit?

The cloud has proven to be an extremely useful tool for the modern business. Not only does it provide anywhere-anytime access to applications, processing, storage, et al; it also delivers those products as a service, allowing you to budget for recurring costs rather than major upfront ones. This provides your organization with functional, supported, and secure computing environments that eliminate a lot of the support costs that traditional computing environments require. It sounds like a perfect scenario for small and large businesses alike, but things aren’t always what they seem, as a lot of cloud users have found that they have incurred several hidden costs by using cloud platforms. Today, we take a look at these hidden costs.

A study from Research In Action polled 468 CIOs about their cloud usage and the costs associated with them. Many admitted that cloud investment was one of the largest expenses their organization would have from a technology point of view. The study went on to find that while a majority of CIOs considered the “hidden” costs of this technology, much of the concern is alleviated by the reputation of their vendors. Some of the potential problems they considered include:

  • Having to put forth more effort to properly manage vendors, and their corresponding Service Level Agreements (SLAs).
  • Bottlenecking and the impact poor cloud performance could have on brand perception, productivity, and customer support.
  • The increased cost of solving complex problems inside cloud environments.

Are these concerns justified? Sure, but they are hard to measure. Many businesses just haven’t developed a system to properly quantify the perceived loss in revenue tied to cloud inefficiency. In fact, most companies don’t have updated, automated methods in use to track and manage their cloud performance.

Costs of Scalability
Many organizations also run into cloud cost overruns when dealing with the scale of their cloud platforms. Costs associated with over-provisioning (buying too much), under-provisioning (buying too little), management, and administration of cloud hosted environments present costs that may not look significant up front, but over time can have negative effects on the overall profitability of a business. Understanding the amount of space/processing you’ll need to meet your organization's needs is almost always going to be a fluid situation, but understanding how they affect your business’ bottom line is crucial to mitigate unwanted monetary responsibilities or cost overruns associated with the cloud platforms you utilize.

Going Too Far
Cloud platforms are nice, but you don’t have to look much further than your personal situation to see how the ease of use these platforms provide can get expensive pretty quick. For the individual, costs add up quick thanks to cloud-based streaming media and other platforms that come in a subscription model. You’ve got Netflix, Spotify, Hulu, and many, many more that are relatively cheap. Microsoft Office 365 is exceptionally useful and affordable, providing unparalleled value for about any computer user. The more you subscribe to, the more costs add up, which is why you’ll want to design, and stick to a dedicated plan to avoid overextending yourself, or your organization.

Utility computing in the cloud, whether it be applications, storage, processing, or some other form, is extraordinarily valuable, but only if you understand how to avoid paying more than you should for your cloud assets. The knowledgeable technicians at Graemouse Technologies can help you come up with cloud deployment strategy, while also helping you avoid cost overruns typically associated with these assets. Call us today at 253.777.0763 to learn more.

Technology Addiction is a Very Real, Very Scary Th...
Tech Term: Computer Forensics, Defined
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, October 16 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Disaster Recovery Business Computing Smartphones Identity Theft Frequently Asked Questions Machine Learning Productivity Passwords Browser Business Continuity Outsourced IT Managed IT Artificial Intelligence Miscellaneous Ransomware Innovation Spam Blocking Network Security Private Cloud Vulnerability Cloud Computing Windows 10 OneNote Apps Saving Money Hardware PDF Training IT Support Leadership Enterprise Content Management History Android Employer-Employee Relationship Sports Accountants Social Media Save Money CES Internet exploMicrosoft Social Engineering Tip of the Week Internet Software Tips VPN IT Plan Chrome Best Practices Update Computer Access Control Data Backup Unsupported Software Computers Authentication Content Management Windows 7 Cybercrime Electronic Medical Records eWaste Google Drive Wireless Internet FCC Microsoft Networking Title II Devices Credit Cards Bandwidth Bring Your Own Device Network Router Criminal User Tips Settings Files Hackers Information Travel Wire Operating System Redundancy Infrastructure HVAC Current Events Alert Virtual Assistant HBO Data Security Phishing Server Data Recovery Microsoft Office Automation Avoiding Downtime Cloud Data BYOD Data Protection Evernote Netflix Apple Security Website Email Technology Start Menu HIPAA Value Two-factor Authentication Business Intelligence Password Skype Business Keyboard Specifications Communication Cybersecurity Google Docs Unified Threat Management Managed Service Wi-Fi How To Fraud Flash Malware Backup Password Manager Spam Big Data Business Management Tools Money Public Cloud Telephone Systems Upgrade Downtime Relocation Connectivity HaaS Inventory Comparison Law Enforcement Thought Leadership Tech Term Windows IT Management Paperless Office Collaboration Virtualization Applications Safe Mode Communications Mobile Devices Telephone System Audit Mobile Device Management Online Shopping Hosted Solutions Internet of Things Hybrid Cloud Managed IT Services iPhone Budget Workplace Tips Firewall Mobile Computing BDR App Humor Samsung Data Storage Remote Monitoring Small Business Facebook Word MSP VoIP Windows 10 Government Office 365 Software Managed IT Services Smartphone Scam End of Support Encryption Gadgets Computer Fan Screen Mirroring Blockchain Google Efficiency Outlook Cast Entertainment IT Services Emergency Data Breach Privacy

Newsletter Sign Up