How Can You Measure Cloud ROI?

This report indicates that only 25% of businesses can demonstrate a hard ROI on business benefits from the cloud. To make matters worse, they rely on indirect or extended ROI calculations to justify their initiatives. This statistic shows a critical gap in collaboration between business units and IT departments.

The Headache of Cloud ROI

It’s difficult enough to calculate ROI for a business initiative, so imagine the challenge of doing the same for cloud computing. From hefty contracts to egress fees charged for every data movement and other surprises that arise along the way, several factors can quickly muddle budget estimates.

Only a fraction of organizations have a clear roadmap for their cloud transformation. What’s more, less than a third have well-defined customer journeys and value chains.

Yet they have so much to gain!

According to the same report, about 5% of organizations make the grade. After a successful cloud transition, they have demonstrated a substantial return on investment and clearly surpassed other organizations in terms of growth. How did they achieve this?

Transparency is Key

Let’s keep in mind that discussions about cloud computing are no longer the sole responsibility of IT teams. Rather, they must involve key organization stakeholders because moving to the cloud is a strategic business move that requires substantial investments.

This is where a trusted provider can make all the difference and ensure a cost-effective transition to the cloud.

The services we provide through our Cirrus sovereign cloud reflect our commitment to flexibility and transparency. By establishing clear, easily understandable agreements and well-defined service levels, we give businesses complete visibility and control over their cloud journey. For example, our contracts guarantee no egress fees or unexpected costs, which makes cloud investments so much more predictable. Your data is completely in your hands, and there are no penalties for accessing it.

Such transparency is essential not only to build trust and lasting relationships with clients, but also to ensure a great ROI. From SLAs to billing, there are no unpleasant surprises.

In the next article of this series, I will cover alternatives to hyperscalers and viable cloud solutions for local businesses. Until then, feel free to contact us to discuss ROI and cloud services.