Information Services Group, Inc. (NASDAQ:III) Unveils An Index For Comparing Prices of Cloud Offerings


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.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.