As you move applications to the cloud, it's vital to answer a key question: What is the true economic value (TEV) of different cloud options, and how does it affect our business case for undertaking a cloud migration journey? This paper will explore the elements of TEV and illustrate a proven model at work by showcasing a real-world TEV analysis performed for a SAS customer. In this case, you will see if running SAS on Azure through a SAS managed construct proved to be a smart business decision given the company’s limited cloud experience and IT resources.