Cloud Economics

Business Benefits

45% of organizations consider cloud expenditures their top IT expenditure priority, even as 90% consider reigning in the cost of IT delivery as a priority*. (****IDC Future Enterprise Resiliency & Spending Survey - Wave 1, February 2022, n=798) Flexibility is a key benefit of cloud, but cloud complexity makes it challenging to control costs without choking that agility. Many organizations put in place cost control mechanisms that defeat much of cloud's value.

IDC's Cloud Economics solves this problem by providing insights that drive improvement without introducing gatekeepers. While most cloud service providers supply dashboards or reports, IT organizations struggle to use these tools and their data effectively, particularly for communicating the costs and benefits to the business, and communicating investment choices.

Unlike traditional IT services, with cloud both the business and IT have their hands on the steering wheel. Cloud Economics gives the business the tools and insights to better manage their use of the cloud allowing them to balance cast with business benefit.