The cost of cloud computing has generated little debate because the savings appear so self evident. IBM’s CTO for Cloud Computing, Kristof Kloeckner, estimates that it reduces IT labor costs by up to 50%, improves capital utilization by 75% and reduces provisioning from weeks to minutes. The City of Los Angeles anticipates savings of more than $5 million with its move to Google Apps. Because of such apparent savings, few companies have taken the time to question the cost implications of working in the cloud. The problem with this is that cloud computing takes on many forms, and, if not planned for properly, will not deliver the expected ROI.