(IRVINE, Calif.) Nearly 88% of companies that have adopted storage virtualization in some form achieved a positive or break-even return on investment, according to a Computer Economics study on early adopters of the technology.
The study, based on a survey of 200 IT executives, examined the ROI, total cost of ownership, and adoption rates of storage virtualization for small, medium, and large companies and governmental agencies.
The study also concluded that early adopters were able to accurately predict total cost of ownership, which means that there is a high likelihood of achieving positive ROI with only moderate downside risk. However, the experience of early adopters also indicates that benefits may be relatively limited–particularly for smaller companies–as indicated by the high percentage of implementers that were not pursuing further investment.
The full report, Storage Virtualization: Early Adopters Achieving Benefits, is available at no charge to Computer Economics clients, or may be purchased at https://avasant.com/research/computereconomics.
Computer Economics is an IT research and advisory firm that provides critical data to enable informed budgetary and technology adoption decisions. The company’s IT Spending, Staffing, and Technology Trends study, published annually since 1990, is the definitive source of IT spending data, staffing benchmarks, technology trends, and related metrics across multiple industries and government sectors.