Developing a successful cloud computing project requires careful planning, time and a lot of knowledge of the goals to be achieved, these are the first steps to be sure of a return on the investment made by companies. But after this project stage, it is necessary to know how to measure the success of the investment in the cloud.

The cloud has undergone a great evolution in recent years, even if for some migrating can be something complex and scary, we have had a good path that has made companies realize that Cloud Computing is not only a cost reduction but also many other advantages .

Strategy for investing in Cloud Computing

It may seem redundant, but to design an adequate strategy for migration, the central idea will always be preparation, organization, outlining how cloud computing technology will fit into the company.

Another fundamental factor to guarantee the investment strategy is to make sure that everyone agrees with it, starting from the top management to the IT teams and users of the new computational structure.

Cloud Computing is no longer a question of evangelization about technology, where the financial sense of the cloud made sense, and today a sense of business dynamism is also added.

Measuring Success: A Look Beyond Price

With the services offered by the cloud, other points began to be observed as benefits of investments made in Cloud Computing. Security, productivity and user experience, all of this began to generate major repercussions on the efficiency of services, products and customers.

As companies continue to look to the cloud, investing in the use of technology and dedicated people, companies need to ensure that the investment and costs of adoption are minimized and the ROI is truly delivered.

  • Use tools to measure the costs of adopting the cloud

The move to migrate from a traditional data center center to the cloud has changed perceptions and methodologies around defining, allocating and monitoring IT budgets. While planning a budget for years to come often means purchasing adequate capacity, moving to the payment model used by the cloud allows companies the flexibility to grow with computing demands.

So the first recommendation to measure the success of the investment is to have adequate tools to measure the financial costs and the use of services. An example of this type of tool is the Sky Saver solution , where it is possible to integrate Amazon environment monitoring and monitor all costs through an efficient dashboard with all the necessary information.

  • Evaluate changes to the cloud

AWS, as one of the main providers of Cloud Computing, is constantly evolving its computational park and offering new services that boost the use of the cloud, which is very good, it shows that its customers can count on an always current structure and resources that help in capacity companies' strategy.

But it is always important to evaluate the adoption of new services and updates provided by the provider, check the investment for this change in relation to the architecture designed to support the company's business, performing this analysis contributes to the success of the migration.

  • Define ROI and identify KPIs

Measuring success is directly linked to ROI and KPIs (key performance indicators), it will be through these parameters that it will be possible to verify the feasibility of migrating and continuing to use Cloud Computing.

A performance indicator is a business metric used to evaluate factors for an organization's success. The purpose of using key performance indicators is to focus attention on tasks and processes defined by management and to verify goals defined and achieved.

We cite some examples, but there are other points that are used to measure the success of cloud computing investments:

  • cost comparison

  • Impact on revenue

  • Satisfaction of users and customers

  • market acceptance

  • security metrics

  • Availability time

  • Between others

Evaluating the investments made will always be key to success, remembering that Cloud Computing goes beyond cost reduction, other indicators need to be in the account.

Keep following us on our blog and in touch with our experts to answer your questions and take the next steps towards adopting cloud computing.

Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.