Cloud or On-Premises? Decoding Costs and Strategy

In today's episode of "The ITSM Practice," Luigi Ferri dives into the critical IT decision: Cloud vs. On-Premises. Explore the advantages of cloud solutions for flexibility, speed, and compliance, alongside on-premises systems for control and predictable costs. Uncover hidden costs, and consider the total cost of ownership, scalability, and security aspects of both setups. Discover why hybrid models may offer the best of both worlds in this detailed comparison. In this episode, we answer to: How do cloud solutions compare to on-premises in terms of long-term costs? What are the hidden costs associated with cloud computing? How do hybrid models balance the benefits of cloud and on-premises systems? Resources Mentioned in this Episode: Statista, article "Cloud Computing in the UK," link https://www.statista.com/topics/3164/cloud-computing-in-the-united-kingdom-uk/ Forrester, article "Comparing Total Cost of Ownership: SaaS vs. On-Premises Software," link https://www.forrester.com/report/comparing-total-cost-of-ownership-saas-vs-on-premises-software/RES173702?ref_search=3531980_1695156858821 - Gartner, webinar "The Future of Cloud: Prepare for 2025" available at https://www.gartner.com/en/webinar/445864/1051166. Connect with me on: LinkedIn: https://www.linkedin.com/in/theitsmpractice/ Website: http://www.theitsmpractice.com And if you want more tips and guidance, follow me on LinkedIn. I am sharing daily posts regarding Enterprise Service Management, IT Service Management, and IT Security. Credits: Sound engineering by Alan Southgate - http://alsouthgate.co.uk/ Graphics by Yulia Kolodyazhnaya