In business today, it’s essential to get the most out of every idea, option, and investment. To accomplish this, many organizations - from large enterprises to startups and small businesses - use cost benefit analyses to help make important decisions. Using a cost benefit analysis can help teams identify the highest and best return on an investment based on the cost, resources, and risk involved.
In this article, we’ll walk you through the process of cost benefit analysis, and offer insight and tips from industry experts. They’ll shine a light on the risks and uncertainties you should be aware of as you work, and provide real-world examples to show cost benefit analysis in action.
What you'll learn in this tip: Cloud storage options for your company include public, private and hybrid cloud storage. Find out how each one compares in terms of scalability, security, performance, reliability and cost—and learn how to determine which one is right for your data storage environment.