by Hovhannes Avoyan | Jul 30, 2009
IBM sampled its clients across many industries to determine how they are benefiting from the CoD (Computing on Demand) service. In general, TCO (total cost of ownership) savings range from 30 to 69 percent. Three of the clients from these cases cited specific benefits of the CoD program: the ability to solve problems that were previously insoluble, implementation of substantially new business models, and faster processing of data at the end of each business day. Small firms have had to rely on voluminous capital outlays and large facilities to provision their services. Such firms have often not been able to acquire such facilities, and therefore the realm of dynamically scalable and virtualized information technology resources has been alien to these smaller concerns. Independent Software Vendors and Internet based companies, however, are now able to access these esoteric technologies through the offerings of cloud computing services. Cloud computing places these resources into the hands of individual consumers, even if they do not have knowledge of the infrastructure that is being used. Moreover, cloud computing resources stay on top of the latest information technology movements, including Web 2.0 computer resources. [tag] cloud computing, computing on demand, TCO, software as a service, SaaS, Web 2.0 [/tag]
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