Dallas, Texas 06/30/2015 (Financialstrend) – Information Services Group, Inc. (NASDAQ:III) has unveiled a new advisory and benchmarking service dubbed Cloud Comparison Index. The index is designed to offer clients a one of a kind view of how public cloud services cost differ, among various providers compared to internal IT solutions.
The company plans to carry out an in-depth analysis of the various public cloud costs every quarter with reports being made available to subscribed clients. Information Services Group, Inc. (NASDAQ:III)’s future reports will examine costs associated with using the public cloud versus internal IT solutions on various infrastructure, configurations as well as applications and workloads.
The index on offer leverages internal IT data costs from Information Services Group, Inc. (NASDAQ:III)’s data bank for comparison with the prices on offer by various public cloud configurations. Some of the cloud offerings that ISG plans to compare with its internal data include those from Amazon Web Services as well as Google Cloud Platform.
Public Cloud Vs Internal IT
The company says that the new index is designed to help clients understand the actual cost of carrying out operations on a public cloud versus doing the same in-house. According to findings from a recently carried out study, public cloud may not always be cheaper compared to carrying the same operations in-house. However, public cloud continues to present a compelling value proposition for enterprises.
The study showed that public cloud prices are mostly driven by the level of usage with price spread being twice as wide at 100% of usage compared to 50% usage. Usage being the primary driver for cost may be one of the reasons that should make many companies considers hosting all their cloud operations in-house.
The unveiling of the new index comes on the heels of Information Services Group, Inc. (NASDAQ:III) forming a global strategic partnership with Gravitant as it looks to enable its clients develop and implement cloud solutions that meet their needs.