Tuesday 23 April 2013

Cloud computing for lawyers not dummies! Part Three - Economics

In our last article we covered cloud service and deployment models. In this piece, we will focus on the reasons for adopting cloud and some of the economic arguments underlying the technology choice.

A recent Legal IT survey conducted in conjunction with InPractice www.inpractice.co.uk highlighted some great reasons for cloud adoption.


Benefits of cloud adoption

Cost was the number one driver followed by client collaboration and mobile access. So does cloud really drive down ownership costs? Let's explore some of the financial benefits of cloud adoption...

CapEx - certainly you can expect a significant reduction in Capex (aside from portal connection fees) as dependency on "owned" (read "up front cost") servers reduces or disappears based upon whether the IT infrastructure resides partially or wholly elsewhere.

Hardware - Can be more fully utilised, smoothing out demand and leveraging economies of scale from your chosen cloud provider.

Power - Less hardware onsite equals less power consumed. Save energy and you'll be greener too!

Resilience - Typical clouds have several locations for their data centers, and they mirror your data and applications across at least two of them. You don't have to provision for duplicate hardware in case of failure/outage.

Staffing costs - although a somewhat taboo subject, cloud computing does reduce the need for on-premise staff or more positively allows sensible redeployment of the in-house IT resource pool.

So what's the bottom line? Industry analysts predict a cost saving somewhere between 20-30% when cloud is fully embraced.

Moving away from legacy technology and the cost argument, we believe that the real benefits come in the form of improved collaboration for lawyers and their clients. A cloud based portal approach opens up the possibility to communicate seamlessly from mobile, tablet and desktop. Combine this with a more compelling user interface and everybody wins with an enjoyable experience.

In summary, competitive advantage can be gained by adopting Ad Coelum Technology:
  • Reducing total cost of ownership through a cloud subscription pricing model
  • Strong integration with legacy on-premise solutions and Microsoft applications such as Office and SharePoint
  • Vastly improved connectivity for mobile scenarios, incorporating social media features and enhanced collaboration with clients

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