“Anyone moving to the cloud saves not only time but money,” stated Joel Daly, Chief Operating Officer of HOSTING, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “For SMBs, the primary cost issue is a lack of resources. They have no choice but to run legacy systems during the transformation to the cloud. This gets expensive, but once done, the cost savings are there.”
Cloud Computing Journal: The move to cloud isn’t about saving money, it is about saving time. – Agree or disagree?
Joel Daly: Agree, but time is money. Virtualization allows for faster provisioning and faster recovery, therefore increasing time-to-market for solutions. In many cases, especially if you’re a software provider, getting to market sooner means revenue sooner. In addition, via the cloud, you can reinvest that money and use it to increase your capabilities. A recent study by the University of Manchester showed that 60% of companies have more time to focus on strategy and innovation and 70% of large enterprises and 59% of SMEs surveyed have been able to reinvest more money back into their business.