The Impact of Cloud Computing on IT Spending: A Comparative Analysis

The Impact of Cloud Computing on IT Spending: A Comparative Analysis

Vipin Gaur 1* , Kirti Bahtia 2 ,

1 CSE Dept, Sat Kabit Institute of Technology, Maharishi Dayanand University, Haryana, India (Orcid ID: https://orcid.org/0009-0009-9169-1129)

2 HOD CSE Dept, Sat Kabit Institute of Technology, Maharishi Dayanand University, Haryana, India

Abstract

This study investigates how cloud computing affects business IT expenditures. This study's goal is to determine whether or not cloud computing has raised or decreased IT spending. We carried out a side-by-side comparison of businesses that have embraced cloud computing and those that have not. According to the study's results, organizations that have adopted cloud computing have seen a significant decrease in their IT spending.

Keywords— Cloud Computing, Information Technology, IT Spendings, Cost Savings, Migration, Data Management, Return on Investment, Total Cost of Ownership