5 ways to save business bucks on the cloud

5 ways to save business bucks on the cloud


I’m on the cloud. You’re on the cloud. We’re all on the cloud. According to Flexera’s State of the Cloud 2022 survey, almost two-thirds of all SMB workloads are now on the cloud. But, as we move more and more of our IT — lock, stock, and two smoking servers — to the cloud, you must make sure you know what you’re getting into.

Far too many people don’t. By Flexera’s count of more than 750 businesses, almost a third of businesses end up wasting money. With over half of SMBs spending more than $1.2 million on the cloud, that’s real money.  Adding insult to injury, cloud projects usually come in at an average of 13% over budget. Ow!

Even with that, the reason most of us move to the cloud is to save money. Done correctly, it’s simply cheaper to run services on the cloud than it is to run them on your own hardware in your own server rooms or data centers. Let me say that again, when it’s “done correctly.”

Alas, there are way too many ways to get it wrong. Here are some of the most outstanding mistakes you should avoid.

Think before you move

It’s simple — really it is. Look before you leap. Nonetheless, a survey by THINKstrategies and INetU a few years ago on cloud migration found that 70% of respondents admitted they had to change their cloud design before deployment.

But, wait, there’s more! More than half had to change their plans within the first six months. Overall, 43% of the cloud projects failed or stalled, and almost half needed more budget in those critical first few months.

Copyright © 2022 IDG Communications, Inc.



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