Cost Control

CloudHealth Technologies and ParkMyCloud Partner to Simplify Cloud Complexity, Cost and Control

Grazed from CloudHealth Technologies and ParkMyCloud

CloudHealth Technologies, the leader in cloud service management, and ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, today announced they are partnering to marry the hybrid cloud governance of CloudHealth with the automated cost control of ParkMyCloud.

Customers leveraging the integrated solution will experience greater return on their cloud investments. They will be able to automate cloud cost control, simplify management, and consequently free up teams to focus on driving more strategic projects within their organizations.

 

Amazon Offers Unlimited Cloud Storage, Cheap

Grazed from TopTechNews. Author: Frederick Lane.

In a move aimed directly at the crowded cloud Relevant Products/Services storage market, Amazon announced on Thursday that it is now offering all consumers two plans for unlimited storage on its Amazon Cloud Drive. The new products will put pressure on existing cloud storage companies such as Dropbox, Google Drive, Microsoft OneDrive, and the dozens of other storage competitors.

“Most people have a lifetime of birthdays, vacations, holidays, and everyday moments stored across numerous devices. And, they don’t know how many gigabytes of storage they need to back all of them up,” said Josh Petersen, director of Amazon Cloud Drive. “With the two new plans we are introducing today, customers don’t need to worry about storage space -- they now have an affordable, secure solution to store unlimited amounts of photos, videos, movies, music and files in one convenient place.”...

Cloud Computing Benefits Productivity, Reduces Costs, Study Shows

Grazed from MidsizeInsider. Author: Kelley Katsanos.

Increased productivity and cost reductions are the most-valued cloud computing benefits, according to a recent global study of 1,000 senior IT decision-makers conducted by Tata Communications. "The cloud has lived up to industry hype," according to eWeek. Eighty-three percent of organizations have realized additional cloud computing benefits that they did not initially expect, such as increased productivity and cost reductions. Though these cloud benefits have been consistently touted, midsize firms should also consider the cloud for data storage and streamlining processes to reap additional rewards.

Cloud for Data Storage

"By 2024, off-premises storage will have overtaken on-premises alternatives," eWeek reports. Further, the study shows that in 10 years, 58 percent of organizations will have their data stored in the cloud, as compared to 28 percent today. Midsize firms with limited resources may find it difficult to ensure consistent, on-premises data security and processes...

Cloud cost control: expense management and auditing for SaaS and beyond

Grazed from GigaOM. Author: David Linthicum.

Today’s Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS) offerings enable near-instant productivity and capacity. Businesses, however, have little visibility into or control over their cloud solutions’ true cost. Cloud computing allows lines of business to self-provision tools, often without IT’s knowledge...

The result is an increase in localized productivity. But provisioned systems are often redundant, contracts are poorly optimized, and businesses are unable to manage or audit the lifecycle and usage of these services. They also lack the data and clout to negotiate more favorable terms...

You're paying too much for the cloud

Grazed from InfoWorld. Author: David Linthicum.

You can't go a month without hearing about some price drop by a major cloud computing provider, with others quickly following suit. Though it seems like a race to the bottom, in fact the cloud providers are starting to make real money. Public clouds function much like utilities. How much businesses pay for these utilities depends directly on how they consume cloud-based resources such as storage, compute, and applications. Companies that consume cloud services efficiently pay less, and the inefficient ones pay more.

There are two efficiency-related reasons why you're probably getting larger cloud bills than you should: First, applications aren't optimized to effectively use cloud resources. This means the applications use the cloud resources in ways that will allow the application both to perform better and to use fewer costly resources...

Benefits of Cloud Go Beyond Cost

Grazed from INN. Author: Joe McKendrick.

While cloud computing has been in the public consciousness for a few years, the insurance industry, with characteristic caution, continues to steadily advance onto this latest platform. However, tentative steps taken a year or so ago are now accelerating into bolder moves, as insurers recognize the value and competitive advantage cloud services deliver. “In a few years’ time we believe that cloud will simply become the way things are done,” states a report from Accenture. “Those insurers that move more quickly to embrace it will gain a competitive lead that others may struggle to match.”

Insurance companies already immersed in the cloud agree with this assessment, citing a variety of benefits they are already seeing. “Cloud is a big advantage for us,” says Marianne Petillo, president and CEO at ROM Reinsurance. “When you move to the cloud, you don’t have to worry about upgrades or maintenance; that’s all done for you.”...

CIOs architect a cloud computing business model, with watchful eye on costs

Grazed from TechTarget. Author: Dina Gerdeman.

As companies gain efficiencies in the cloud, they often look to emulate the same kind of experience in their own operations. Forrester Research Inc.'s James Staten said he's seen a pattern at companies that use quite a bit of public cloud. Eventually many come to realize that some apps really aren't a good fit for the public cloud. Perhaps these apps sit 24x7 and rack up high bills, or they require too much monitoring. What often happens next is the company will decide to build internal systems that mirror the public cloud.

"That usually ends up being pretty effective," Staten said. One concept that companies have borrowed from the cloud: charging per user or per department for the various IT services each department needs. This chargeback model charges each department that uses email a certain amount for that email service, for example...

Ignoring the Cloud Costs Money, Ignoring Big Data Could Cost You Your Business

Grazed from CMSWire. Author: Ashish Thusoo.

Data silos days are numbered. Businesses that organize around products or business functions and not data will disappear. The development and adoption of service oriented architecture (SOA) and cloud computing created a steady stream of incentives to abandon data silos. However, data inertia — the difficulties of easily giving access or moving data — and organizational structures have posed significant stumbling blocks in exploiting them fully and organizing businesses around data at the same time.

A Turning Point

We are at a turning point with big data. SOA and cloud computing were about efficiencies — which could be ignored — big data is a strategic shift and will transform businesses in a way that adopters will supersede the stragglers. Businesses, especially large ones, have long been trying to break down the silos of data storage and computing...

Cloud Computing May Save U.S. Government $20 Billion A Year (But There's More To It Than Just Cost Savings)

Grazed from Forbes. Author: Joe McKendrick.

A new study suggests that adoption of cloud offerings — particularly Platform as a Service middleware and application development tools — can cut the cost of U.S. government application development costs to the tune of $20.5 billion a year. at least 31%.That’s the takeaway from a new survey of 153 federal IT executives released by MeriTalk, a public-private partnership for advancing government IT. The study, underwritten by Red Hat, Inc., calculates that Platform-as-a-Service (PaaS) has the potential to reduce federal IT costs by close to one-third.

The federal government is actually a huge producer of software. More than three-quarters of respondents, 77%, say new application development “is vital to their agency’s ability to meet mission objectives.” However, the report’s authors add that “federal IT is fundamentally broken.”...

Cloud fails to deliver promised cost savings, CIOs say

Grazed from ComputerWorld. Author: Anh Nguyen.

Cloud technologies are offering businesses agility but not the cost-savings they expect, a survey of senior IT directors has found. The survey of 50 senior IT decision-makers, including CIOs, IT directors and heads of IT, at UK companies with more than €1 billion (£0.85 billion) turnover, found that while 74 percent of respondents expected to see operational cost savings by using cloud, only 41 percent actually achieved these savings.

Alsbridge, the sourcing advisory firm that commissioned Coleman Parkes to conduct the survey, said that the mismatch of expectations with reality was because businesses were looking at cloud as a technology rather than at the problem that needed fixing...