ITAMChannel is a hub of coverage for all the latest news and views within the IT Asset Management Industry

Gartner: Vendors Hype Cloud Revenue to Impress Wall Street

SHARE
,

Vendors in the cloud computing market hype up the revenues they earn from this emerging technology, making it difficult for customers to truly judge the strength of a vendor’s financial health and difficult to make comparisons between vendors, a report from Gartner finds.

Analysts David Mitchell Smith and Ed Anderson say opaque reporting by vendors means customers should evaluate providers not based on earnings but on which offering best matches their use case.

“Assessing vendor cloud revenue claims has become more challenging, with many vendors’ IT-related businesses being complicated and nuanced,” Gartner’s Smith and Anderson write in the report, which was issued in late December. “We recommend CIOs direct their organizations to never take vendor cloud revenue at face value, and evaluate vendors on their strategy and service mix.”

SOURCE: mis-asia.com

Subscribe To Our Newsletter

Subscribe To Our Newsletter

ITAM Channel brings the best news and views from the ITAM industry. Sign up for the newsletter and get them straight to your inbox

You have Successfully Subscribed!