How ROI Analysis Supports a Smooth Cloud Migration

How ROI Analysis Supports a Smooth Cloud Migration

How ROI Analysis Supports a Smooth Cloud MigrationHow ROI Analysis Supports a Smooth Cloud Migration

Organizations are seeing significant, budget-benefiting advantages in migrating to the cloud. Find out which critical needs are driving these efforts.

Different PathsDifferent Paths

40% of the IT and business executives surveyed said their organization plans to move to the cloud via mass migration or a cloud-first strategy, while 37% are moving just some apps to the cloud.

Biggest Cloud Migration ChallengesBiggest Cloud Migration Challenges

Speeding up migration: 50%,
Getting started/building a strategy: 28%,
Managing existing cloud deployments: 22%

Where Current Workloads Are RunningWhere Current Workloads Are Running

On-premises (non-cloud): 43%,
Private cloud: 20%,
Public cloud: 18%,
Hybrid cloud: 11%

Critical Cloud DriversCritical Cloud Drivers

Disaster recovery/business continuity: 34%
Regulatory compliance regarding data: 28%
Improved agility/flexibility to respond to business needs: 27%
Reduced capital costs: 26%

Budget BoostBudget Boost

71% of the IT and business execs surveyed said their cloud projects are meeting expectations for cost savings, but 47% said they’ve experienced cost overruns during migrations.

Financial AssessmentFinancial Assessment

59% said their organization performed a formal ROI analysis before migrating to the cloud, and 82% of those companies realized the cost savings they expected.

Stop SignStop Sign

77% of the IT and business execs surveyed said their company encountered unexpected roadblocks that either slowed or prevented migration efforts.

Roadblocks to Cloud MigrationRoadblocks to Cloud Migration

Security and/or compliance concerns: 42%,
Cultural resistance to change: 33%,
Public concern about data kept in the cloud: 31%,
Difficulty aligning cloud strategy to business needs: 31%,
Cost management: 30%

Outside HelpOutside Help

74% of the IT and business execs surveyed said it’s at least very likely that they’ll contract with a third party to assist with cloud migration projects over the next 12 months.

Why Firms Bring in Third Parties for Cloud MigrationWhy Firms Bring in Third Parties for Cloud Migration

Strategy and planning needs: 72%,
Build and move assistance: 68%,
Ongoing management and maintenance: 38%

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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