Everything Comes at a Cost, Even Cloud
Grazed from WatersTechnology. Author: Max Bowie.
Any discussion of return on investment relies on the ability to measure two things: the return generated, and the amount spent to achieve it. In the world of market data, the question is, “How much money can I make as a result of buying and using dataset x, net of the cost of that dataset?” In many cases, this is quantifiable, and traders have used this very argument to justify buying expensive data services.
However, over the past few lean years, one of the main drivers of any meager spend increases has been regulatory compliance—an area of spend that firms are reluctant to swallow because it is not something that offers any monetary return on their investment, unless you count avoiding non-compliance fines. So, many firms are looking to cloud computing to deliver cost savings around these initiatives as the “least bad” option to reduce a cost burden that didn’t exist until recently…


Yesterday it was the news that former bitter rivals, Salesforce and Microsoft, has found new love and respect and had entered into a broad-ranging partnership. Today Salesforce scored another coup with the announcement that it is the first vendor to be granted Federal Certification for both Software as a Service (SaaS) and Platform as a Service (PaaS). The Federal Risk and Authorization Management Program (FedRAMP) has long been the holy grail for cloud infrastructure vendors – since its introduction back in 2011 a number of infrastructure vendors have obtained certification. Amazon Web Services, Microsoft and Hewlett-Packard among them.