IT managers unconvinced on getting ROI from cloud adoption

May 26, 2015 Off By David
Object Storage

Grazed from CloudTech. Author: James Bourne.

More than half of IT managers surveyed by West IP Communications say they expect to get full return on investment by moving to the cloud – but it’s an unconvincing figure. 54% of the more than 300 respondents said they would be able to fully recoup their costs of cloud computing adoption, which of course means 46% aren’t so sure.

Yet those with bigger IT budgets were more confident: two thirds (66%) of managers with company IT budgets over $5m were “confident” the savings of cloud computing would cover the operating costs. Of those who were expecting ROI, three quarters (74%) expected it to be through reduced costs of doing business, including maintenance costs and the size of the IT staff…

31% of respondents said they would recoup their costs in two years, and 21% said it would only take one year. There were other interesting titbits from the research:…

Read more from the source @ http://www.cloudcomputing-news.net/news/2015/may/26/it-managers-unconvinced-getting-roi-cloud-adoption/