Cloud Computing is becoming a real trend in business world. CFOs will likely hear a lot of hype when considering Cloud Computing. However, the most important issues that CFOs try to solve efficiency improvement and cost reduction. These are the top requirements in today’s business environment. Cloud Computing could actually be a perfect solution to fulfil these requirements.
Maximize Cost Efficiencies
From a cost saving perspective, Cloud Computing can really preserve capital. It can turn large upfront capital expenditure into operational expenditure. Cost savings stem from providing a “pay as you go” model.
Before choosing Cloud Computing, company should review their business needs and priorities and understand that some applications are better fit for cloud. Cloud computing is not one-size-fits-all. So that is something that every company has to keep in mind. Further, customer can come online because resources are readily available and scalable.
The scalability of cloud computing allows the shorter development cycles. It lets the company’s development team speed the time-to-market. The resources they need can be made available quicker, simply meaning that the temporary resources needed for proof-of-concept projects or new development can move without capital investment.
Accommodated Unpredictable Demand
A lot of businesses like retail are often subjected to boom times and quiet times in their business cycles. Cloud computing actually lets the companies expand and contract IT resources in sync according to the cycles.
It is very important for a company to cut through the hype and make sure that their cloud provider offers the capabilities that matters the most for that company. Specific company’s priorities dictate what a company needs in a cloud, along with such considerations as data sensitivity, security levels and compliance requirements. It is very important for company to have goals and keep their priorities in mind.
Source: This post was originally published on the SunGard Availability Service Blog