Migrating to the cloud seems like table stakes for the modern enterprise. When contemplating the move, there are a number of things to consider, cost always being high on the list. For Oracle customers considering a migration to Oracle Cloud Infrastructure (OCI), the migration eliminates the periodic expense of replenishing on-premise equipment every few years to gain a technical advantage. Moving to the cloud can also help companies better manage ongoing costs like storage and compute expenses. Yet companies still need a reliable way to evaluate the cost-saving advantages that a cloud model offers.
Breaking Down the OCI TCO Calculator
Knowing the cost of running individual workloads in OCI is not difficult. But organizations need a complete view of all costs and expenses to be able to accurately assess the true savings of migrating to the cloud. Historically, determining that cost has been difficult.
The cost benefit of a cloud migration is the most frequently raised issue in customer conversations. And the challenge of quantifying the benefits of a cloud migration -- and which levers can improve the total cost of ownership (TCO) -- are a major concern for all of them.
Wipro evaluates on-premise to cloud comparison with six important tenets:
- Compute – Server hardware and facility
- Storage – Storage hardware, facility, backup and archive requirements
- Network – Network hardware/service
- Data Centre Maintenance– System admin, facilities maintenance
- OS & Virtualization – OS license and virtualization cost
- Database | Exadata – Oracle database in net-new bring your own license (BYOL) model
Breaking the analysis into these six categories yields an accurate and detailed evaluation of costs. The model helps companies analyse their on-premise spend and see the reduced TCO by providing a cost comparison with OCI and avoiding the upfront CAPEX investment to drive the OPEX model. This is a breakdown of the benefits gained by using the OCI TCO Savings Calculator:
Features and Benefits of the TCO Savings Calculator