Cloud fails to deliver promised cost savings, CIOs say

Grazed from ComputerWorld. Author: Anh Nguyen.

Cloud technologies are offering businesses agility but not the cost-savings they expect, a survey of senior IT directors has found. The survey of 50 senior IT decision-makers, including CIOs, IT directors and heads of IT, at UK companies with more than €1 billion (£0.85 billion) turnover, found that while 74 percent of respondents expected to see operational cost savings by using cloud, only 41 percent actually achieved these savings.

Alsbridge, the sourcing advisory firm that commissioned Coleman Parkes to conduct the survey, said that the mismatch of expectations with reality was because businesses were looking at cloud as a technology rather than at the problem that needed fixing…

“In our experience, many organisations have a technology-driven view of cloud and as a result of this, operating models are not fit-for-purpose and business objectives are not being met,” said John Sheridan, director and head of IT outsourcing at Alsbridge…

Read more from the source @ http://www.computerworlduk.com/news/cloud-computing/3477116/cloud-fails-deliver-promised-cost-savings-cios-say/