The value of cloud extends beyond Total Cost of Ownership (TCO) reduction. AWS customers also see significant improvements in other areas, including staff productivity, operational resilience and business agility.
Leading organizations understand the value of using AWS is not limited to cost savings. The Cloud Value Framework helps customers understand the business value of moving to and building on AWS.
AWS Cloud Value Framework
What is it?
Deploying new features/ applications faster and reducing errors
Launch of new products 75% faster.
Business Outcomes and Benchmarking with AWS
“Who else like me has realized value/savings and what improvement should I expect?” This is a fundamental question Cloud Economics addresses through Value Benchmarking – a study which quantifies the KPI improvements seen by 1,500 AWS customers before vs after migration.
Value Benchmarking provides guidance on improvements based on what other AWS customers have achieved.
Fostering Business and Organizational Transformation to Generate Business Value
IDC interviewed 27 organizations globally and reported that AWS helped customers accelerate growth, drive efficiencies, and realize important long-term cost reductions. Highlights from the 2018 IDC Report on Creating Business Value with AWS include:
Optimizing Cost of Providing IT Services and AWS Value
More efficient IT infrastructure staff
Lower 5-year cost of operations
Improved IT and Business Agility
More new features delivered
More productive application development teams
Less staff time to deploy new storage
Business Operations Impact
Less time lost to unplanned downtime
Additional revenue per year per organization
Increase in business user productivity
Learn How Customers Are Realizing Business Value with AWS
TrueBlue is a global provider of specialized workforce solutions, including staffing, workforce management, and recruitment process outsourcing. With 6,700 employees and $1.6 billion in revenue, TrueBlue helped connect approximately 490,000 people to work in 2020. Jeff Dirks, Chief Technology and Information Office, engaged with AWS Cloud Economics to quantify the business value TrueBlue achieved through its digital transformation. Using AWS, TrueBlue is driving innovation to reinvent staffing solutions, changing the way people connect to work, and helping customers find talent faster.
Discovery, Inc., is a leader in nonfiction media, operating in 220 countries and territories, and delivering over 8,000 hours of original programming each year. Dave Duvall, Chief Information Officer, worked with the AWS Cloud Economics team to understand the value achieved by migrating its playout infrastructure to AWS. As a result, Discovery can deploy new channels faster, focus on growth and innovation, and pivot to meet the needs of an evolving market.
The Value of Improved Availability, Security, and Performance
Nucleus studied enterprise organizations’ journey to the cloud with AWS to understand how moving applications from an on-premises to public cloud environment affects the security, performance, and availability of those applications. Nucleus interviewed executives and development team leaders from 33 global enterprises spanning a wide range of industries who migrated a collective 351 applications from onpremises environments to the AWS cloud. Highlights include a 64% reduction in mean time to resolution (MTTR), 40% reduction in IT costs, 69% reduction in unplanned downtime, and 43% decrease in security events.
Cloud Financial Management & Cost Optimization
Cloud Financial Management (CFM) is a set of activities enabling Finance and Technology organizations to manage, optimize and predict costs as they run more workloads on AWS. A disciplined CFM approach enables the right balance between agility and control, while improving unit economics.
Learn about how our customers are using AWS services to power innovation.
Australia Finance Group (AFG) reduced annual IT operational spend by AU$500,000, while shifting from consuming 80% of IT expenditure on IT operational costs to 60% dedicated to innovation.
Trainline migrated all workloads to AWS and reduced downtime by 60% with an annual savings of £1.2M.
CapitalOne reduced its data centers from eight to three by 2018 and reduced the time needed to build new application infrastructure by more than 99%.
In three months, Conde Nast migrated over 500 servers, one petabyte of storage and over 100 database servers into the AWS Cloud. As a result of going all-in into the AWS Cloud, the company reduced costs by 40% and increased operational performance by 30-40%.
Lionsgate avoided acquiring additional data center space, saving an estimated $1M+ over three years.
King County in Washington State saved $1M in hardware refresh costs and $200k annually in OPEX costs.
By using AWS, Enel reduced provisioning time reduced from four weeks to two days.
UC Santa Cruz Genomics Institute used AWS to process 20,000 cancer samples in days instead of months, saving hundreds of thousands of dollars and powering innovative new research.