Ninety Percent of IT Pros Using or Evaluating Cloud Likely to Calculate ROI According to New InformationWeek Reports Research
SAN FRANCISCO, March 7, 2012 /PRNewswire/ — InformationWeek Reports (http://reports.informationweek.com), a service provider for peer-based IT research and analysis, released Cloud ROI Calculations, a new report featuring results from InformationWeek’s latest Cloud ROI Survey. The report helps IT professionals quantify the costs of public, private and hybrid clouds vs. conventional IT. More than 370 business technology professionals responded to the poll.
Research Summary: The 374 respondents to InformationWeek’s 2012 Cloud ROI Survey are using more public cloud services across the board compared with when the survey fielded in April 2010, with software as a service posting the largest gains.
- 82% of our survey respondents have or expect a formal mandate or a preference to evaluate cloud computing as an option for any new IT services or systems.
- 60% are concerned or very concerned over the potential for runaway costs if cloud services scale up inappropriately, whether due to error, mismanagement or an attack such as DoS.
- 31% say it’s highly likely they will comprehensively evaluate ROI for the expected lifespan of a cloud computing project; 54% of those likely to evaluate their return on investment will use a three- to five-year time period for comparison.
- 27% report incorporating time savings for business unit employees or IT staff has a high likelihood of being included in an ROI study regarding the business value of cloud computing.
The report author, Jonathan Feldman, serves as director of information technology services for a city in North Carolina.
For full access to the research data, members can download now: http://reports.informationweek.com/abstract/5/8702/Cloud-Computing/research-cloud-roi-calculations.html?cid=rpt_press_rls
“Companies that cannot compare costs for public cloud services versus internal IT will be in rough shape once they build private clouds and adopt a hybrid setup,” says Lorna Garey, content director of InformationWeek Reports. “And just avoiding cloud won’t be an answer, if enterprises don’t want a stark IT cost delta between them and startups.”
About InformationWeek Business Technology Network (http://www.informationweek.com)
The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow–from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties like DarkReading.com (security), NetworkComputing.com (networking and communications) and BYTE (consumer technology). The network also provides focused content for key IT targets, such as CIOs, developers, and SMBs via InformationWeek Global CIO, Dr. Dobb’s and InformationWeek SMB, as well as vital vertical industries with InformationWeek Financial Services, Government and Healthcare sites. Content is at the nucleus of our information distribution strategy–IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions.
About UBM TechWeb (http://www.ubmtechweb.com)
UBM TechWeb, the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology. Through its three core businesses – media solutions, marketing services and paid content – UBM TechWeb produces the most respected and consumed brands and media applications in the technology market. More than 14.5 million business and technology professionals (CIOs and IT managers, Web & Digital professionals, Software Developers, Government decision makers, and Telecom providers) actively engage in UBM TechWeb’s communities and information resources monthly. UBM TechWeb brands include: global face-to-face events such as Interop, Web 2.0, Black Hat and Enterprise Connect; award-winning online resources such as InformationWeek, Light Reading, and Network Computing; and market-leading magazines InformationWeek, Wall Street & Technology, and Advanced Trading. UBM TechWeb is a UBM plc company, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
For more information:
VP & Managing Director, InformationWeek Reports
SOURCE UBM TechWeb