Summary of Controlling Costs in the Cloud

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

Controlling Costs in the Cloud summary
Start getting smarter:
or see our plans

Rating

9

Qualities

  • Applicable
  • Engaging
  • Insider's Take

Recommendation

As more and more companies adopt cloud services in their overall business strategy, IT leaders must aim to maximize the cost savings they offer. Around three-quarters of companies report that using the cloud makes them more competitive, and many report increased revenues. Yet to make the most of this technology, CIOs must understand when and how the cloud helps to reduce costs. This succinct and enlightening article from Techopedia outlines eight ideas leaders need to consider when including cloud technology in their strategic plans.

About the Author

Educational website Techopedia provides IT professionals with tech industry news, online tutorials and in-depth articles.

 

Summary

Cloud technology offers organizations opportunities to remain competitive in a disruptive economy.

The cloud continues to entice IT leaders and business executives to convert their organization’s technology services. In fact, more than two-thirds of the world’s largest public companies now incorporate digital initiatives into their business strategy. More than 75% of organizations report that the cloud makes them more competitive.

 

Cloud technology, with its on-demand, flexible servicing and the ability to scale, provides organizations with agility and reduces resource expenditures...


More on this topic

Customers who read this summary also read

What Is Cloud Computing?
9
The Top 10 Cloud Myths
6
Migration to Innovation
9
Top 10 Digital Transformation Trends for 2019
8
Top 10 Digital Transformation Trends for 2021
9
The System That Actually Worked
9

Related Channels

Comment on this summary