Is your Cloud cost creeping out of control?

Grazed from DataCenter Dynamics. Author: Jason Rabbetts.

Industry analyst Gartner, recently reported that cloud computing is the fastest-growing segment of the IT outsourcing market, with an expected growth of 49% in 2012. Cloud sets the stage for a new approach to IT management that enables individuals and businesses to choose how they’ll acquire or deliver IT services, outside the constraints of traditional software and hardware architecture and licensing models.

There is also an automatic assumption that adopting the Cloud will reduce costs compared to running a traditional IT estate within the business. For some CIOs migrating to the Cloud, however, it can deliver a nasty shock as costs escalate. We call this ` Cloud Cost Creep`…

This phenomenon is rooted in the virtual nature of the Cloud. This can make it difficult to keep track of what users have actually purchased and the associated cost. As more business units get involved in IT purchasing, cloud creep can easily set in…

Read more from the source @ http://www.datacenterdynamics.com/focus/archive/2012/09/your-cloud-cost-creeping-out-control