Calculating the business value of enterprise storage technology
Business technologies drive value for an enterprise, but beyond the technical characteristics, it can be challenging for a CIO, CFO or IT team to know exactly how to calculate the business value of one of the most foundational technologies for today’s data-centric business – enterprise storage.
Traditionally, enterprise storage has been seen as part of a “cost center” that simply uses up IT budget. However, the evolution of enterprise storage has led to new methods for calculating the return on investment (ROI) and payback of an enterprise storage platform.
The starting point for calculating business value is figuring out the payback period in which a storage system pays for itself. Expectations have changed. No longer does an enterprise have to wait years (i.e. 3-5 years) to get a positive payback on its investment in an enterprise storage platform, especially one that is core to its business. The new expectation...
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