The Cost of Cloud Computing a Trap for the Unwary, Says New Lontra and Comsci White Paper
IT Cost Transparency Controls Costs, Prevents Skyrocketing Usage, and Enables Companies to “Audit the Cloud”
New York, NY, USA. March 23, 2010 --
A new white paper written jointly by Lontra and Comsci warns that cloud computing - the use of Internet-based computing resources, applications, and services - can expose companies to skyrocketing and potentially unlimited IT costs.
“Cloud computing presents organizations with an opportunity for significant cost savings, if it is done right. It also represents an opportunity for runaway costs and skyrocketing usage, if it is not managed properly,” said Bob Svec, president and CEO of ComSci. “Bringing IT cost transparency to cloud computing enables organizations to track, control, and predict IT expenses across the entire organization.”
“Lontra's research shows that IT organizations that manage their demand are considerably more successful with cloud computing than those that only manage costs from the supply side,” explained Boris Pevzner, president of Lontra. “IT cost transparency allows all IT costs - whether on the cloud or off -- to be shared back to the business customers, helping them understand how the expenses affect the profitability of the overall business.”
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