By Sanjay Mohapatra, Laxmikant Lokhande
This booklet develops an IT method for cloud computing that is helping companies overview their readiness for cloud prone and calculate the ROI. The framework supplied is helping lessen dangers concerned with transitioning from conventional “on website” IT technique to digital “cloud computing.” because the introduction of cloud computing, many businesses have made colossal profits imposing this innovation. Cloud computing permits businesses to concentration extra on their middle skills, because it enablement is handled via cloud prone. Cloud Computing and ROI contains case reports protecting retail, motor vehicle and nutrients processing industries. every one of those case experiences have effectively carried out the cloud computing framework and their techniques are defined. As cloud computing will not be excellent for all companies, standards also are provided to aid ascertain if this procedure will be adopted.
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Extra info for Cloud Computing and ROI: A New Framework for IT Strategy
These policies should guide the executioners and provide a road map to all the stake holders. It must also fulfil the expectations of top management. They must be able to see the profits and growth in their investments. All IT strategies must present current as well as future scenarios and the way organization would reach there. This should lay emphasis on complete IT ecosystem so that a balanced and holistic approach could be followed. IT strategy will mention the high level measurements and actions which will provide progress and help the organization to reach the right end.
Some of the external factors could be competitors, government policies, porter’s five forces etc. These factors should be critically analyzed beforehand so that they don’t create any hindrance to the implementation process later on. Since the cost of altering the implementation or stopping could be huge and might also prove as sunk such risks should be mitigated with priority. 3. Internal Drivers: What are the internal drivers affecting the business and organization? Internal factors could be growth, stage of lifecycle (OLC), consolidation, partnering, stakeholder’s problem etc.
Study others Observing the competitors and their processes is important because it would provide a different perspective to the problems. It is important to learn how the same problem can be solved in various ways utilizing the minimal resources and gaining maximum utility. One’s mistakes can be learning lessons for others (Fig. 7). 14 1 Introduction Fig. 7 Benchmarking steps Fig. 8 Benchmarking parameters 5. Learn from data Numbers always speak the truth and hence they should be given importance.