Categories: FAANG

IDC: Migrating to Google Cloud IaaS has a 318 percent ROI

Organizations worldwide continue to adopt cloud services to enable and support ongoing digital transformation. While the benefits of cloud infrastructure, including cost savings, agility, elasticity, and scalability are well understood, quantifying these benefits can be challenging.

In late 2023, Google released the results of a sponsored IDC research study to gain a better understanding of the tangible ROI of migrating to cloud infrastructure.The study comprised nine interviews with organizations in the United States, the UK, and Germany across the financial services, government, healthcare, real estate, retail, and utilities industries. The selected organizations employed Google Cloud Infrastructure as a Service (IaaS) and had firsthand experience with its advantages and expenses.

As part of this Google-sponsored research on the business value of Google Cloud IaaS, here are just a few snippets of what the IDC Research team found in the study1:

  • 318% five-year ROI
  • 51% reduced cost of operations over five years
  • 57% more efficient IT infrastructure management teams
  • 75% faster deployment of new application features
  • $3.23 million in additional revenue gained

Want to learn more about this IDC research and how organizations are benefitting by adopting Google Cloud IaaS?

  • Download the full IDC research study.
  • Attend a fireside chat where IDC research VP Dave McCarthy and Google North American Developer Advocacy Lead and best-selling author Priyanka Vergadia discuss the results of the study in depth.

1. Source: IDC Business Value Research, Sponsored by Google, The Business Value of Google Cloud IaaS, IDC #US51037323, August 2023.

With the following firmographics:
– Number of employees: 1,500–300,000
– Number of IT staff: 300– 2,000
– Number of business applications: 20–6,000
– Revenue: $126.3M–$59.0B

AI Generated Robotic Content

Recent Posts

No more Sora ..?

submitted by /u/Affectionate_Fee232 [link] [comments]

5 hours ago

Pentagon’s ‘Attempt to Cripple’ Anthropic Is Troubling, Judge Says

During a hearing Tuesday, a district court judge questioned the Department of Defense’s motivations for…

8 hours ago

Study finds AI privacy leaks hinge on a few high-impact neural network weights

Researchers have discovered that some of the elements of AI neural networks that contribute to…

8 hours ago

Beyond the Vector Store: Building the Full Data Layer for AI Applications

If you look at the architecture diagram of almost any AI startup today, you will…

8 hours ago

7 Steps to Mastering Memory in Agentic AI Systems

Memory is one of the most overlooked parts of agentic system design.

8 hours ago

Why Agents Fail: The Role of Seed Values and Temperature in Agentic Loops

In the modern AI landscape, an agent loop is a cyclic, repeatable, and continuous process…

8 hours ago