Five things you should do to create an accurate on premises vs cloud comparison model

The article provides guidance on creating an accurate cost comparison model between on-premises infrastructure and cloud migration, highlighting five key actions:

• Include all on-premises cost components, including capital and operational expenses
• Understand cloud capacity planning differs from traditional data center approaches
• Optimize existing software licensing for cloud migration
• Choose the right compute pricing model (Savings Plans, Spot Instances)
• Select appropriate storage classes based on specific data needs

The article emphasizes that cloud migration can provide significant cost savings, with studies showing up to 51% lower operational costs. It advises organizations to look beyond simple cost comparisons and consider broader business value, including increased agility, innovation, and operational efficiency.