Cost savings and TCO considerations are becoming increasingly central tools for companies and growing in relevance in times of crisis.
Critical times lead to losses in sales for many companies, making cost reductions often unavoidable.
But lower hardware costs in the cloud are not the only factor in cost efficiency. Migrating to the cloud can also reduce rental costs and expenses for air conditioning and power. Relocating the entire computer center to the cloud obviates the need for rental premises. Moreover, expenditures for operating the computer center or for reserving this capacity fall by the wayside.
These savings will help counteract the negative economic impacts and make the company and its IT more profitable.
Converting to the cloud also enables companies to be more flexible and agile.