blog

4
114
Thursday, April 4, 2010

Open Group Publishes Guidelines on Cloud Computing ROI

In an important industry contribution, The Open Group has published a white paper on how to build and measure cloud computing return on investment (ROI). Produced by the Cloud Business Artifacts (CBA) project of The Open Group Cloud Computing Work Group, the document:

  • Introduces the main factors affecting ROI from Cloud Computing, and compares the business development of Cloud Computing with that of other innovative technologie;
  • Describes the main approaches to building ROI by taking advantage of the benefits that Cloud Computing provide; and
  • Describes approaches to measuring this ROI, absolutely and in comparison with traditional approaches to IT, by giving an overview of Cloud Key Performance Indicators (KPIs) and metrics

In presenting their model, business metrics were used to translate indicators of cloud computing capacity-utilization curves into direct and indirect business benefits. The metrics used include:

Speed of Cost Reduction;

Open Group Publishes Guidelines on Cloud Computing ROI

Optimizing Ownership Use;

Open Group Publishes Guidelines on Cloud Computing ROI

Rapid Provisioning;

Open Group Publishes Guidelines on Cloud Computing ROI

Increase Margin;

Open Group Publishes Guidelines on Cloud Computing ROI

Dynamic Usage; and

Open Group Publishes Guidelines on Cloud Computing ROI



Risk and Compliance Improvement;

Open Group Publishes Guidelines on Cloud Computing ROI

A description of the ROI model used is also provided.

Open Group Publishes Guidelines on Cloud Computing ROI



A definite must read!

Available online at https://www.opengroup.org/cloud/whitepapers/ccroi/index.htm

Bookmark and Share

Cloud Musings

( Thank you. If you enjoyed this article, get free updates by email or RSS – KLJ )

Follow me at https://Twitter.com/Kevin_Jackson

LEAVE A COMMENT

Name*
E-mail*
Phone number*
Your Message
user profile image
9 years ago

Irfan

I would like to talk here about a Computing Conference which i attended Recently. I got a complete information about the Cloud computing and its services from the Cloud Computing and Virtual Conference 2009 which is the World's largest and virtual conference on Cloud computing. I got a good opportunity to meet and talk with the World's leading experts on Cloud computing.

Reply
user profile image
9 years ago

Ryan

Nice Post...

Reply
user profile image
9 years ago

Anonymous

Yes, WOW. The numbers are flawed. They are based upon cpu clock cycles, but ignore the AMOUNT OF WORK PERFORMED PER CLOCK CYCLE. This is very misleading. Take Azure: $.12 per hour - for what amount of work? A celeron or nehalem? The fudge factor could 100-500% or more because of this. That blows away the marginal gains of the capacity utilization case.

Sorry, this ROI would not pass a good finance team.

Reply
user profile image
9 years ago

Anonymous

Wow, crucial find here Kevin. Their whitepaper has citations (which many information sources forego), and doesnt read like research. It is more on the business side and chock full of visualizations. I wish that the visualizations were described and labeled a little more accurately, and that the data in the diagrams was backed by some solid data. Despite, its a great read for convincing business execs, or convincing your wallet to invest money into these companies.

My Cloud and tech blog:
http://digitalcooings.wordpress.com

Reply

Latest posts

0
212

MWC19: Where Telecommunications and Cloud Meet

As a cloud solution architect, my passion is learning the details about how cloud computing uniquely supports specifi...

0
170

Tulane University SoPA Selects “Architechting Cloud Computing Solutions”

Last week, Packt Publishing announced that “Architecting Cloud Computing Solutions” by Kevin L. Jackson a...

0
380

5G Wireless Technology Connecting Healthcare

Healthcare is in the middle of massive change. Called digital transformation by many, this term describes the industr...

0
350

Maria Lensing: The Network Platform for Healthcare’s Future

As a girl, Maria and her family traveled to Memphis, Tennessee to get cancer treatment for her sick brother. The mira...

0
1401

How “Big Iron” Does “Big Regulation”

According to Verizon, there were over there were over 53,000 security incidents in 2017, with over 2,200 of those ide...

0
1810

Mainframe Synergies for Digital Transformation

In July  of 2018, Broadcom announced its intentions to acquire CA Technologies. In the press release, Hock Tan, Presi...

0
456

2018 AT&T Business Summit: Security “in” and “of” the Cloud

While public cloud is undoubtedly an outsized piece of the conversation, news headlines of the latest data breach can...

0
198

My Brush with Royalty: Queen Latifah

Queen Latifah! Hip Hop Icon. Movie Star. Television Star. Fashion Model. Songwriter. Producer. Entrepreneurial Genius...

0
350

What’s New in Puppet 5?

Puppet 5 is released and comes with several exciting enhancements and features that promise to make configuration man...

0
227

5 Reasons Why Ansible is the Best CM Tool Out There?

Amidst volatile markets, dynamic technology shifts, and ever-increasing customer demands, it is imperative for IT org...