Making Sense of Cloud Computing
Cloud software and subscription software service options are gaining popularity for both providers and consumers, you can’t even get Adobe software anymore you must pay for the online version. This development in the evolution of Business Intelligence (BI) software arrived and established itself rapidly, and while cloud computing seems easy enough in theory it can be confusing in practice. When it comes to data management, security, cost, and access, there are a lot of unknowns. How much of our business practices will have to move offsite and how can our business maintain control? Understanding what is available is the best way to ensure you make the best of this changing landscape.
Let’s start with why data management and analysis in the cloud has become so popular. Cloud computing gives your business access to a product without the demands and headache of installation. Your vendor is responsible for providing high quality and fast software performance, which means that your BI software issues are not added to the long list of tasks the IT department must address. Furthermore, cloud technology evaluates when your peak performance times are and adjusts to accommodate your traffic. One thing that has made headlines in the past has been the security of company data in the cloud, but BI options have responded to those concerns with ultra-modern, powerful security measures. One other element that has been debated consistently has been the SaaS costs.
The cost comparison for on-premises versus SaaS can be found all over the internet, and you will find that proponents of both options continue to argue that the other is more expensive, especially in the long run. When it comes to a return on your investment, Cloud software vendors will assert that hidden costs associated with on-premises options with support, training, consulting, licensing, and hardware, as well as updates and upgrades, will ensure that you spend more money owning your software outright. On-premises software vendors will point to the never-ending Cloud SaaS monthly costs, and they will argue that within 3-5 years, your on-site solution will have paid for itself.
We recommend that you do the calculations yourself by rounding up all the details regarding “hidden” or additional costs that you will have to pay for with both solutions and then, pull out the calculator for 3-5 years of use. You will have to remember that SaaS pricing is more like your rent, and on-premises is buying the house in cash. Cloud options are hosted, so they stage your data without any IT responsibility on your part, keeping you up and running.
To continue learning more about Cloud BI options, read the rest of this article here.