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Monday, 18 July 2016

Do you know the Cloud Return on Investment for your business?


Do you know the Cloud Return on Investment for your business?

A common problem that faces many businesses is the desire to select a tool to fix a problem without properly knowing what problem actually needs fixing.

Having a cloud service recommended for your business requires more work than simply paying for a new service and expecting it to solve your problems.  A proper Cloud ROI requires that you understand the problem or opportunity that your business is facing and then evaluating the options for the business.

This generally means that you must know what abilities you require from a service and then be able to calculate its cost to be managed.

A cloud service can introduce more than just a financial value to your business such as cost savings. 

A cloud service can introduce other aspects such as the ability to react faster to changing market conditions and allow your staff to innovate easier.  Sure, these can become part of a financial calculation related to the overall performance of your business but their immediate value is tied to speed and agility.

Determining the costs of cloud can also be attributed to more criteria than simply the payments that you send to companies like AWS or Salesforce.com.  Does your business need to continually invest in training?  Is the cloud service not widely accepted by your staff and organizational processes have not matured or modified to efficiently include the transformation that cloud brings to your business?

Remember that in order to determine the Cloud Return on Investment for your business then you must properly account for the value that cloud brings to your business and the cost of the cloud service and the related transformation that it brings.


CareerEvolve.com is introducing the Cloud Adoption Framework for Small Business.  It identifies the key questions and activities that a small business should address as it moves toward cloud computing as a consideration for its business model.

"48 Hours To Better Manage Cloud For Your Business" is an online course that outlines the cloud adoption framework and explains it in business language so that small business owners can readily apply it as a new tool for their business.


If you would like to learn more then register for our upcoming online course "48 Hours To Better Manage Cloud For Your Business" from CareerEvolve.com!


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