What are the biggest advantages of cloud computing?

Cloud computing can offer businesses more flexibility and scalability than on-premises computing.40%

Cloud computing can be less expensive than on-premises computing, since businesses only pay for the resources they use.33%

Cloud computing can offer businesses faster deployment of new applications and services.7%

All of the above.19%

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Senior Product Marketing Manager in Software2 years ago

On-demand is the most expensive cloud pricing model.
Organizations can easily run out of budget before they see any value from cloud transformation, if all they do is lift-and-shift. 
For cloud to actually and sustainably be less expensive than on-prem, a solid cost optimization strategy is needed, and it must be backed by an enterprise-grade software solution that can access and manage discounted compute.

Marketing Analyst in Software3 years ago

The cloud delivers more flexibility and reliability, increased performance and efficiency, and helps to lower IT costs. It also improves innovation, allowing organizations to achieve faster time to market and incorporate AI and machine learning use cases into their strategies. With pay-as-you-go cloud pricing, companies can save on average 15 percent on their IT costs by migrating to the cloud. Moreover, cloud providers use advanced security procedures and policies to protect sensitive data more effectively than companies that invest in on-premises systems.

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Marketing Manager in Healthcare and Biotech3 years ago

Cloud computing offers users the benefits of collaboration, productivity, and unparalleled computing power. To begin with, cloud storage is much cheaper than traditional IT systems, especially when the world is preparing for an economic downturn. Think about it: instead of halting your critical projects or axing employees, what if enterprises could look deeper into their data estate, identify dark data, and then optimize it by either deleting it or archiving it in the cloud? Migrating to the cloud and taking advantage of its pay-as-you-go pricing can save companies an average of 15 percent on their overall IT costs. On top of that, cloud providers use advanced security procedures and policies to protect sensitive data more than companies that invest in on-premises systems.

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Azure68%

AWS32%

Return on Investment (ROI)44%

Total Cost of Ownership (TCO)42%

Net Present Value (NPV)22%

Internal Rate of Return (IRR)11%

Payback Period21%

Business Process Improvements (e.g., increased efficiency, reduced cycle times, or enhanced productivity)44%

Customer Satisfaction and Retention29%

Competitive Advantage18%

Risk Mitigation27%

Ability to Foster Innovation and Agility14%

Employee Satisfaction19%

Something Else (share in a comment!)3%

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What are the biggest advantages of cloud computing? | Gartner Peer Community