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

Retrieval vs. Memory in Agentic AI Systems

In this article, you will learn the conceptual and practical differences between retrieval and memory…

23 hours ago

Here is What I am Building In Public

Hi everyone,In my last post, and I know its been a while, I promised to…

23 hours ago

Part 2: Amazon Bedrock cost attribution with Amazon Athena and CUDOS

Part 1 introduced granular cost attribution for Amazon Bedrock. This feature automatically traces every inference…

23 hours ago

The Best Photos of the Big August Solar Eclipse

It’s been a century since the Iberian Peninsula has been in the full shadow of…

24 hours ago

Extending AI architectures to address continuous scientific problems

Artificial intelligence is proving to be transformative in its ability to work with language and…

24 hours ago

7 Async Patterns for Running Agents Concurrently in Python

In this article, you will learn seven async patterns for running AI agents concurrently in…

2 days ago