From NextGov.com: More than half of organizational users saved little or no money after transitioning to cloud computing, according to a new study, and only 14% actually downsized their information technology departments after moving to the cloud.

About one-fourth of 3,500 public and private organizations recently surveyed reported no savings with cloud computing and about 35% saved less than $20,000, according to the study funded by CSC, a major government IT vendor, and conducted by TNS, a market research firm.

According to the CSC study, accessing data and programs on multiple devices was the most popular reason for corporate and public sector users to move to the cloud, accounting for about one-third of all transitions. Only 17% of those surveyed said they moved to the cloud to save money.

Nearly 95% of surveyed users said cloud computing improved the way they managed data while 80% said they saw improvements within six months of moving.