Study Shows Companies Struggle To Calculate Cloud ROI

A survey released Monday shows that while more and more businesses are embracing cloud computing, they are having a difficult time determining what the return on investment (ROI) in a cloud project actually is. The study by a vendor-neutral organization called The Open Group also finds that most of those surveyed have no idea how cloud computing may impact their business processes.

The Open Group surveyed 307 cloud IT specialists at global organizations, ranging in size from 200 to more than 5,000 employees, who were asked about their cloud computing strategies between February and March of this year. The survey revealed that only 8 percent of respondents have no plans to engage in cloud computing while 43 percent are researching it, 24 percent have been in the cloud for less than 12 months and 25 percent for less than 18 months.

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