Shocker: Cloud Computing Doesn’t Mean Cheaper IT Costs

This probably won’t shock many readers: Cloud cost savings remains the most elusive of outcomes. Only 39% of respondents told Accenture they’ve achieved their expectations in this department. And that marks a mere two percentage-point increase over 2020, according ot Accenture.

“While this is perhaps the most frustrating finding for many, as cost-effectiveness was one of the early selling points for cloud, it may not be unexpected,” the report reads. “The lag can be attributed, at least in part, to the rapid investments that most have undertaken.”

The time has come, then, for partners to step in and help customers manage their cloud expenses (actually, one could argue this course of action is overdue). This will grow even more important as IT environments become more complex, as Accenture noted. That’s because as complexity ramps up, costs do too, and they quickly soar out of control.