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Reaping the Economic Benefits of Cloud

Computing


In these tough economic times, most businesses have tightened their belts and have stopped spending on anything closely resembling a luxury. Many are even delaying purchase of necessary items. No place is this more true than in corporate IT departments. Companies are adding a year or even two years to their normal equipment refresh cycles.
 
Unfortunately, businesses that have been delaying investments for the past few years may not realize an economic recovery soon enough to catch up with these delayed purchases.  Many of these systems may now be approaching five or six years old. This is risky as platforms like Microsoft Exchange and SharePoint have become completely essential to our businesses.
 
Of the many business benefits cloud computing can provide, perhaps the biggest is its economics.  

  • Businesses that are worried about paying high equipment "catch up" expenses can now skip these purchases - and realize that they will never need to make them again.

  • Corporate Finance departments are attracted to the predictable operational expenses that cloud computing offers. No more surprises from equipment failures or unexpected expenses.  Businesses pay only for what they need and use. Acquiring another business? Great, you know exactly what it will cost to provide base functionality. Spinning off a division? No problem, you’ll know precisely how much you’ll save when you stop paying for mailboxes you no longer need.

  • Cloud computing offers the ability to catch up so your business is running on solid equipment and the latest software while reducing the need for upfront spending.
 
Of course, a full economic analysis needs to be performed to determine if these short term savings are worth it given the ongoing expenses, but frequently the savings are worth it. Cloud Strategies works with businesses to perform these specialized analyses. Let us help you understand the economic benefits cloud computing can provide your company and assist your finance team with achieving its business goals.