08-08-22 | Blog Post
When evaluating whether to move to the cloud or keep data on-premises, companies often focus solely on the upfront cost of hardware, software, and installation. However, it’s important to consider the Total Cost of Ownership (TCO) when making this decision. TCO includes not only the initial purchase price but also the ongoing costs of maintaining and supporting the solution. On-premises solutions generally have a higher TCO than cloud-based solutions due to the need for additional staff and infrastructure.
However, there are some situations where an on-premises solution may be more cost-effective, such as when data privacy or security concerns make the cloud less attractive. Ultimately, the best solution is the one that meets the specific needs of the organization at the best price. Read on to discover more on managed Azure.
Now that we know what TCO is, let’s take a look at how we can control it with managed Azure services. Using these services, you can reduce the need for on-premises infrastructure and management, which can help reduce overall costs. Some of the ways you can control TCO with managed Azure services include:
1. Cost Management
Cost Management is an Azure service that helps you optimize your cloud TCO by providing a unified view of your cloud spending, optimizing resources to save money, and preventing unwanted cloud spending. With Otava Managed Azure you can control your cloud TCO and make sure that you’re getting the most value for your money. With this service, you can:
2. Scalability
Scalability is one of the most important aspects to consider when moving to the cloud. With on-premises infrastructure, it can be difficult and expensive to scale up your resources as your business grows. However, with Azure, you can easily and quickly scale your resources up or down as needed, without having to make a significant upfront investment.
Additionally, Azure offers a variety of tools and services to help you manage and optimize your costs, so you can keep your TCO under control. By working with a managed Azure provider, you can get the most out of Azure and ensure that your Infrastructures are always scalable, cost-effective, and reliable. With Otava Managed Azure, you can be sure that you’re getting the most out of your cloud investment.
3. Support
Any successful business understands the importance of cutting costs where possible, and this is especially true when it comes to cloud computing. Azure is a powerful and versatile platform, but it can also be expensive to maintain and support.
That’s where Otava Managed Azure comes in. With Managed Azure, the management and support of your Azure infrastructure is offloaded to a team of experts. This can help to reduce your overall TCO, as well as free up your own staff to focus on other tasks.
In addition, Managed Azure can also provide you with access to exclusive features and discounts, making it an invaluable resource for any business that relies on Azure. So if you’re looking to control your Azure TCO, Managed Azure is the way to go.
4. Compliance
When it comes to cloud computing, compliance is a top concern for many organizations. After all, there are strict regulations in place governing how data must be stored and managed.
Failure to comply with these regulations can result in heavy fines. Azure provides a variety of features that can help you meet compliance requirements, including role-based access control, auditing and logging, and encryption.
Because Otava undergoes annual compliance audits with 3rd party auditors, you can have peace of mind knowing that your data is being properly managed and that you’re complying with all applicable regulations.
5. Security
Security is a priority when it comes to cloud computing. After all, you’re entrusting your data to a third party, and you need to be sure that it’s safe from both external threats and unauthorized access.
Azure Security Center gives you centralized visibility and control over the security of all your Azure resources. With Azure Security Center, you can detect and respond to threats more quickly, and help protect your applications and data from breaches.
Azure Security Center also provides recommendations on how to improve your security posture and prevent future attacks. When it comes to managing your Cloud TCO, Azure Security Center can help you save time and money by streamlining the security of your Azure resources.
Why you should Routinely Examine TCO
There are a few key reasons why TCO is an important metric to routinely examine. First, TCO provides crucial insights into the overall cost-effectiveness of an organization’s technology investments.
By understanding all of the direct and indirect costs associated with maintaining and operating technology systems, organizations can make more informed decisions about where to allocate their resources.
Second, TCO can help organizations identify areas where they may be able to reduce costs by making more efficient use of their existing technology infrastructure. Finally, TCO can also serve as a valuable benchmarking tool, allowing organizations to compare their own cost-effectiveness against that of their peers.
Bottom Line
When used correctly, TCO analysis can be an invaluable tool for organizations of all sizes. However, TCO can be a complex calculation, and there are a number of factors that need to be taken into account in order to ensure accurate results.
That’s where Otava comes in. Our team of experts is will work with you to identify and analyze the TCO of your IT systems. With our help, you can make sure that you’re getting the most bang for your buck when it comes to your technology investments. Contact us today to learn more.
