10 ways to convince your CFO that it’s time for the cloud

Grazed from ITProPortal. Author: Editorial Staff.

The cloud has been one of the most talked-about concepts in computing for years now, and a recent survey by RightScale found that 95 per cent of companies are now using some form of cloud service. However, a lot of this is still at the experimentation stage, with at least two thirds of workloads still provided via traditional IT systems. So there’s still a long way to go before market size predictions for the cloud are achieved. With huge potential economic benefits available from the cloud, here are 10 reasons (out of many more) that you can give your Chief Financial Officer, which might convince them it’s time to switch services over.

1. Fewer capital costs to worry about

One of the most attractive features of cloud computing is that you don’t need to invest in servers anymore, or at least not as many. So the three-year cycle of purchasing and replacement will no longer be such a huge issue, and you won’t need the periodic lump of finance required to upgrade. There will still be capital costs for end user equipment and infrastructure, including an increased focus on strong networking and Internet connectivity…

But networking infrastructure typically has a longer lifespan than server hardware, so the frequency of capital investment will be reduced…

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