How 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.
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.
Speeding up migration: 50%,
Getting started/building a strategy: 28%,
Managing existing cloud deployments: 22%
On-premises (non-cloud): 43%,
Private cloud: 20%,
Public cloud: 18%,
Hybrid cloud: 11%
Disaster recovery/business continuity: 34%
Regulatory compliance regarding data: 28%
Improved agility/flexibility to respond to business needs: 27%
Reduced capital costs: 26%
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.
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.
77% of the IT and business execs surveyed said their company encountered unexpected roadblocks that either slowed or prevented migration efforts.
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%
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.
Strategy and planning needs: 72%,
Build and move assistance: 68%,
Ongoing management and maintenance: 38%