Cloud computing allows us to align IT costs to usage’: V Srinivasan, Executive Director, Godrej Properties

One of the fastest growing organizations, Godrej Properties, has used technology innovatively to surge ahead of its competitors. The organization uses technologies like cloud computing and analytics extensively, and has benefited from its usage. In an exclusive interview with Srikanth RP, V Srinivasan, Executive Director, Godrej Properties, shares his perspective on how a technology like cloud computing impacts his organization

How does cloud influence your organization’s cost structure and financial strategy? How does cloud impact your organization’s long-term and short-term IT and business costs? The cloud model facilitates a pay-per-use cost structure for IT services, thus, essentially an optimized Operating Expense model, favorably impacting the underlying cost structure of IT support for a growing organization. The benefit this model offers is that we can align IT costs to usage, and can scale up or down depending on our business needs. Cloud model lowers the capital and operating costs of an IT service provider through dynamic infrastructure implementation, virtualization, standardization, self-service provisioning, etc. I believe, Godrej Properties, and other companies which are on a high growth path and need a scalable model, benefit greatly from this kind of a cost-efficient structure. Depending on how you amortize or depreciate your IT assets, the cloud model could be relatively more front ended in terms of IT costs, but in the long term, I believe, this would provide lower TCO, since one doesn’t have to worry about the infra or software upgrades. However, there could be additional costs to ensure security of the data. For complete post see here