Cloud computing has gone through a total evolution since the first web-based services were launched in the early 2000s. From the very beginning, cloud computing solved a tough business problem: how to use IT infrastructure capacity efficiently. Before the cloud computing infrastructure model was developed, many businesses used only 10% of their capacity.
Hiring IT staff is a difficult endeavor that every organization experiences. It takes months to obtain headcount approval, interview candidates and create an offer letter with no guarantees you will hire the correct person. Reading resumes or hiring a recruiting company, training and retaining employees all take valuable time and money along the way. Then, once you have hired, do you even know what the true cost of that individual is?
The Real Story Behind the True Cost...
We're not just talking salary here, there's a lot more that needs to be considered. Take a look at some industry average costs for an IT employee based on a percentage of salary. (The information included below is representative of infrastructure services. If you include security services, your cost will be 50% higher.)
Cyber Security firms are innovating at a pace never seen before trying to keep with various attack vectors facing organizations and individuals alike. It’s no secret that cyber security is a lucrative area to be in, but what is really driving this huge market and will it ever slow down? The speed and sophistication of attacks that happen to corporate America are on the rise and businesses that once held the stance of “we’re not at risk of being hacked” are now admitting that it’s no longer a question of “if” but “when”. With these escalating concerns, businesses are forced to pay big bucks to security firms to help reduce their risk, or look into IT managed services. They are also spending more on remediation of existing deficiencies as evidenced by this statistic and article from Business Insider: Cybersecurity is a $81.7 billion market - and startups are raking in the dough.