Moving to the cloud makes great financial sense, says IDC

A detailed study from the International Data Center (IDC) has shown that companies who use the Amazon Web Services (AWS) cloud make substantial savings over time.

The report, titled ‘Business Value of Amazon Web Services Accelerates Over Time’ and commissioned by AWS, saw the research house interview representatives from 11 organisations which had deployed AWS onto their services.

According to IDC, after three years enterprises should expect to see three and a half times their investment in AWS; and after five years the realisation would be $8.40 per every $1 invested.

“While all customers had enjoyed positive returns on their investment, there is a definite correlation between the length of time they had been AWS customers and their returns”, the report states.

The key statistics from the report are:

  • Those who used AWS saw a 626% ROI over five years
  • Overall companies in the cloud saved an average of …