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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.”

full press release

    Lontra News  

December 3, 2008
Lontra Kicks Off Executive Seminar Series

October 22, 2008
Lontra Launches Lontra SUCSESS™: Service Unit Costing Strategy for Enterprise Shared Services

May 8, 2007
Visionary IT and Business Leaders Join Newly Formed Lontra Strategic Advisory Board

April 18, 2007
Third Sky Joins Lontra Global Partner Program

February 19, 2007
Lontra Releases First Comprehensive Solution for IT Service Portfolio Management and IT Financial Management (Release v5.0)

August 30, 2006
Lontra Secures Series A Funding

May 31, 2006
Lontra completes acquisition of Centrata, Inc.

October 31, 2005
Centrata Co-Founder Boris Pevzner Launches Lontra

    The Secrets of Successful CIOs  
  Join Lontra Founder & CEO, Boris Pevzner, as he gives tips and tricks for surviving the IT jungle, fills you in on what he's hearing in the market, and introduces you to new concepts and best practices.

Boris is a frequent speaker at technology conferences on IT transformation, ITIL, and service-oriented IT delivery. His CIO blog provides thought-leading advice and opinion based on his experiences in developing service-oriented IT delivery concepts and methodologies over the last 10 years.

read Boris's blog here.

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