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Cloud Computing for Financial Services
Over the last several years, the concept of cloud computing has simultaneously become more widely known, more fashionable, and more controversial. Of particular interest to many in the SMB market is an offering commonly referred to as hosted or virtual desktop (or, more formally, as Desktop-as-a-Service – DaaS). Proponents argue that hosted desktop yields a variety of both financial and non-financial benefits while critics largely pan hosted desktop as a waste of money. But, who is correct? In an effort to uncover a definitive answer, this case study focuses on the experiences of a medium-sized mortgage brokerage firm that had operations in Delaware, Pennsylvania, Maryland, New Jersey and Florida. The result: hosted desktop not only offers a host of non-financial benefits, but also can save firms upwards of 50% when it comes to total cost of ownership over time.
Cloud Computing for Startups
Start-up firms are notoriously risky—a fact supported by overwhelming evidence in the form of the vast majority failing within just a few months or years. In most cases, start-ups have to deal with material cash constraints and any opportunity to conserve capital should not be taken lightly. This case study focuses on the IT spend of a start-up provider of procurement and distribution services in the specialty pharmaceuticals industry and highlights the savings which could have been achieved had the cloud been utilized.
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