Definition:

Insurance – the act of insuring, or assuring, against loss or damage by a contingent event. (Webster Dictionary)

We’re all used to buying insurance: home, car, life, and the list goes on.  In business, we insure our data with backups and disaster recovery against power outages, fires, hurricanes, and the employee that just happens to make a wrong click in the wrong spot.  We pay insurance for the event that we hope never happens, and when you think about it, it’s basically a sunk cost until you need it - praying you never do.  That brings up the question:

“It’s evolve or die, really, you have to evolve, you have to move on otherwise it just becomes stagnant.” Craig Charles.

This quote by the famous British actor Craig Charles has never rung more true than in today’s business landscape. The battlefields are littered with so many examples where businesses refused to keep up and evolve. When is the last time you went to rent a movie at a Blockbuster, used a Blackberry device, mailed a letter at the Post Office, or even taken a taxi? It’s a Netflix, iPhone, Email, Uber kind of world out there. This same type of evolution is taking place in your datacenter whether you want to admit it or not.
Most people want to be out of the server business not because they have fallen out of love with their equipment, but because this model simply cannot keep up.

Using Cloud Valet^TM, Customers can now slash cloud costs.

GREENVILLE, S.C. – March 16, 2016 – Net3 Technology, Inc., a leading provider of cloud-based managed services and data center platforms, giving customers individualized assessments to ensure companies are provided with the most effective solution, today announced its release of its Cloud Valet^TM, a single-purpose SaaS tool within the PvDC Management Portal that enables users to automatically schedule on/off times for their virtual servers.  Cloud Valet^TM is an invaluable tool for development projects or temporary workloads and helps ensure that unattended resources are not left running, resulting in unnecessary charges.  A free tool for all Net3 customers, Cloud Valet^TM allows businesses to verifiably reduce cloud computing costs by paying only for the resources that are actually used when needed.

We have finally arrived to where we have been working towards. The Apples to Oranges conversation around pricing models that so many of us discuss but hardly know the honest advantage one can give over the other when we get down to the brass tacks of your unique environment. To date, we have given you the resources to determine your current technical requirements and the questions to ask in order to determine your application’s business value. (If you have no idea of what we are talking about, read our latest and greatest blogs at Net3 Blog) We have done all of this so you can have a detailed execution plan for your compute resources moving forward.* With this groundwork laid out it is now time to compare pricing for the Cloud vs. On Prem.

Determining the Value of Applications to Your Business

We are continuing to lay the proper groundwork for determining a meaningful cost comparison between the cloud and your On Premise resources. We last discussed finding your current infrastructure costs and how to determine your applications’ true resource requirements: Finding Your Current Cost and the Pitfalls That Inhibit You from Finding It. Moving forward, let’s determine the business value of your applications. In order to determine this, many questions must be asked. Most importantly, it’s the people who are answering these questions that will create a true picture of each application’s value. These answers are not solely given by IT but are found with the business owners or units that require the application.  We’ve been amazed by the number of IT Managers/Directors that can’t tell which apps are mission critical and even which line of business is the most critical. Today, both business drivers and IT need to be on the same page. They need to think of the big picture and work towards the business goals together.