24×7 ESI’s goal is to make IT move closer to the utility computing requisites: data and applications that are always available, performance that is maintained at specified levels and IT management that is highly automated to reduce costs. Efficiency rises, and hardware and administrative costs drop. Ultimately, allocating costs helps align IT with business operations. Coupled with migration to open source, these are achievable benefits that are being enjoyed today by progressive enterprises.
On demand computing (dynamic computing, agility computing) envisions a world where IT resources are pooled, virtualized and allocated as needed to support ever changing business needs. Customers are promised they will simultaneously reduce IT costs while improving business performance. A true utility computing service provider builds an IT architecture from the ground up that takes advantage of shared resources, whether it be the Internet itself or shared application resources such as a database. The result is a consolidated server infrastructure with an order of magnitude cost saving over owning the infrastructure and applications yourself. In comparison, the ASP and outsourcing models only deliver, at best, low double digit cost savings. Best of all, utility computing costs are scalable – users only pay for what they use.