Cloud Computing And ROI

Cloud computing and ROI

According to the new report released from Nucleus Research finds that cloud computing delivers more than just fast deployment and low upfront costs. Nucleus in the report published that companies who opt for cloud technology find 1.7 times greater ROI than on-premise deployments. The research firm looked at 70 cases studies ranging from $30,000 to $10 million.The report says that, the Overall companies spent 40% less on consulting fees and 25% less on application support personnel when cloud computing is adopted .  Also Report mentions that four out of five cloud deployments found an incremental increase in benefit without a corresponding increase in costs.So the biggest advantage of cloud can be concluded from the report as ROI improves over time as cloud technology is implemented. Nucleus points out three major differences with cloud computing:As cloud project are iterative in nature and the business users can expand and adapt their use over time, companies are more likely to expand the footprint or workflows of cloud applications without additional consulting costs, in short companies can save their consulting costIn cloud computing technology the new users can easily be added over timeline, one can scale up and scale down the resources easily, companies are more likely to expand the user footprint as they identify opportunities for more value.Also one more advantage is most cloud upgrades are relatively transparent to end users, companies can take advantage of incremental upgrades to drive greater productivity in areas such as mobile access, integrated analytics, improved workflows, etc.Nucleus concludes with a stinging assessment of on-premise benefits: “Only organizations that plan to never grow, change, or upgrade their application after its initial deployment are likely to achieve better ROI from on-premise applications than cloud ones”.So best ROI is with cloud computing implementation.