Mavericks Blog

Mavericks has been serving the Ohio area since 2016, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Is Your Cloud Solution Actually a Money Pit?

Is Your Cloud Solution Actually a Money Pit?

The cloud has proven to be an extremely useful tool for the modern business. Not only does it provide anywhere-anytime access to applications, processing, storage, et al; it also delivers those products as a service, allowing you to budget for recurring costs rather than major upfront ones. This provides your organization with functional, supported, and secure computing environments that eliminate a lot of the support costs that traditional computing environments require. It sounds like a perfect scenario for small and large businesses alike, but things aren’t always what they seem, as a lot of cloud users have found that they have incurred several hidden costs by using cloud platforms. Today, we take a look at these hidden costs.

A study from Research In Action polled 468 CIOs about their cloud usage and the costs associated with them. Many admitted that cloud investment was one of the largest expenses their organization would have from a technology point of view. The study went on to find that while a majority of CIOs considered the “hidden” costs of this technology, much of the concern is alleviated by the reputation of their vendors. Some of the potential problems they considered include:

  • Having to put forth more effort to properly manage vendors, and their corresponding Service Level Agreements (SLAs).
  • Bottlenecking and the impact poor cloud performance could have on brand perception, productivity, and customer support.
  • The increased cost of solving complex problems inside cloud environments.

Are these concerns justified? Sure, but they are hard to measure. Many businesses just haven’t developed a system to properly quantify the perceived loss in revenue tied to cloud inefficiency. In fact, most companies don’t have updated, automated methods in use to track and manage their cloud performance.

Costs of Scalability
Many organizations also run into cloud cost overruns when dealing with the scale of their cloud platforms. Costs associated with over-provisioning (buying too much), under-provisioning (buying too little), management, and administration of cloud hosted environments present costs that may not look significant up front, but over time can have negative effects on the overall profitability of a business. Understanding the amount of space/processing you’ll need to meet your organization's needs is almost always going to be a fluid situation, but understanding how they affect your business’ bottom line is crucial to mitigate unwanted monetary responsibilities or cost overruns associated with the cloud platforms you utilize.

Going Too Far
Cloud platforms are nice, but you don’t have to look much further than your personal situation to see how the ease of use these platforms provide can get expensive pretty quick. For the individual, costs add up quick thanks to cloud-based streaming media and other platforms that come in a subscription model. You’ve got Netflix, Spotify, Hulu, and many, many more that are relatively cheap. Microsoft Office 365 is exceptionally useful and affordable, providing unparalleled value for about any computer user. The more you subscribe to, the more costs add up, which is why you’ll want to design, and stick to a dedicated plan to avoid overextending yourself, or your organization.

Utility computing in the cloud, whether it be applications, storage, processing, or some other form, is extraordinarily valuable, but only if you understand how to avoid paying more than you should for your cloud assets. The knowledgeable technicians at Mavericks can help you come up with cloud deployment strategy, while also helping you avoid cost overruns typically associated with these assets. Call us today at (440) 305-5514 to learn more.

Technology Addiction is a Very Real, Very Scary Th...
Tech Term: Computer Forensics, Defined
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Wednesday, June 20 2018

Captcha Image

Mobile? Grab this Article!

QR-Code

Tag Cloud

Tip of the Week Security Technology Best Practices Privacy Tech Term Email Internet Network Security Cloud Computing Business Computing Internet of Things Google Smartphone Artificial Intelligence Small Business Data recovery Connectivity Cloud Malware Saving Money Data Protection Android Browser Identity Theft VPN Business Intelligence BDR Backup Infrastructure How To Outsourced IT Computers Vulnerability Two-factor Authentication Managed IT services Data Smartphones Cybercrime Data Backup User Tips Microsoft Business Management Windows VoIp Money Innovation Social Engineering Communications CES Comparison Content Management Paperless Office Mobile Device Employer-Employee Relationship Workforce Passwords Automation Wireless Internet Blockchain Entertainment Access Control Workers Software Disaster Recovery Systems Organizations today Credit Cards Managed IT Gmail Upgrade HIPAA Authentication Alert Digital Signature Windows 10 data-driven marketplace Fraud Bring Your Own Device Law Enforcement Recycling Windows 7 Network Machine Learning Keyboard Electronic Medical Records IT Services PDF top-line performance Hosted Solutions eWaste USB Cybersecurity Facebook Remote Monitoring Disaster Recovery Bandwidth Update business intelligence Amazon Wire Productivity YouTube Charger Data Management Nanotechnology Password Encryption IT Management organizations need Amazon Web Services Criminal Addiction Sports Cleaning Wireless Charging Human Resources Smart Tech Password Manager Apps Telecommuting Legal Hackers Holiday Mobile Devices Communication Smart Office Practices IT Plan Chrome Remote Work Data Security Accountants Online Shopping Applications Word Servers Cortana Staff Devices BYOD OneNote Website Office 365 Hosted Computing HVAC Google Apps Virtualization Work/Life Balance Collaboration Big Data Mobile Device Management Phishing Evernote Cache Document Management Inventory Business Millennials Telephone Systems Hardware Thought Leadership Business Mangement Efficiency Ransomware Specifications Router Thank You Computer Congratulations Gadgets Twitter Company Culture Managing Stress Workplace Tips

Blog Archive

January
February
March
April
May
June
July
August
September