/// The Rented Business: The Shareconomy Hits IT Infrastructure

October 11, 2013  |  All Things Digital

Image copyright Andy Dean Photography We’ve entered a multi-tenant economy. People are renting everything from cars through ZipCar , designer dresses via Rent the Runway and online accounting software from Xero . Even renting vacation homes through VRBO versus staying in a hotel is a popular option for consumers. So, why rent? It can be less expensive upfront, extensible, convenient and quickly disposable. As this trend continues to infiltrate the workplace, the perks are becoming a reality across major business operations — IT in particular. According to Gartner, infrastructure as a service (IaaS), including cloud compute, storage and print services, continued as the fastest-growing segment of the cloud computing market, growing 42.4 percent in 2012 to $6.1 billion and expected to grow 47.3 percent in 2013 to $9 billion. In the traditional “own” market, with enterprise resource planning being an example, your return on investment could take years to pay back when factoring in the consulting fees, the installation service and the cost of the first year’s maintenance. In many cases, making these decisions was difficult for the IT organization, and during these times, decisions came with great political risk to one’s career

The Rented Business: The Shareconomy Hits IT Infrastructure

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