How ROI Analysis Supports a Smooth Cloud Migration

How ROI Analysis Supports a Smooth Cloud Migration

How ROI Analysis Supports a Smooth Cloud Migration

Organizations are seeing significant, budget-benefiting advantages in migrating to the cloud. Find out which critical needs are driving these efforts.

Different Paths

40% of the IT and business executives surveyed said their organization plans to move to the cloud via mass migration or a cloud-first strategy, while 37% are moving just some apps to the cloud.

Biggest Cloud Migration Challenges

Speeding up migration: 50%, Getting started/building a strategy: 28%, Managing existing cloud deployments: 22%

Where Current Workloads Are Running

On-premises (non-cloud): 43%, Private cloud: 20%, Public cloud: 18%, Hybrid cloud: 11%

Critical Cloud Drivers

Disaster recovery/business continuity: 34% Regulatory compliance regarding data: 28% Improved agility/flexibility to respond to business needs: 27% Reduced capital costs: 26%

Budget Boost

71% of the IT and business execs surveyed said their cloud projects are meeting expectations for cost savings, but 47% said they've experienced cost overruns during migrations.

Financial Assessment

59% said their organization performed a formal ROI analysis before migrating to the cloud, and 82% of those companies realized the cost savings they expected.

Stop Sign

77% of the IT and business execs surveyed said their company encountered unexpected roadblocks that either slowed or prevented migration efforts.

Roadblocks to Cloud Migration

Security and/or compliance concerns: 42%, Cultural resistance to change: 33%, Public concern about data kept in the cloud: 31%, Difficulty aligning cloud strategy to business needs: 31%, Cost management: 30%

Outside Help

74% of the IT and business execs surveyed said it's at least very likely that they'll contract with a third party to assist with cloud migration projects over the next 12 months.

Why Firms Bring in Third Parties for Cloud Migration

Strategy and planning needs: 72%, Build and move assistance: 68%, Ongoing management and maintenance: 38%