3 Steps to Keep Cloud Growth and Business Value in Step
Cloud is delivering growth for companies. However, companies risk losing control over cost, security, and management as usage expands. Here are ways to address this.
How can companies manage cloud costs effectively?
To manage cloud costs effectively, companies should establish clear guardrails for cloud governance, ensuring that there are defined protocols for who can purchase and deploy cloud resources. Regular monitoring and prediction of cloud usage can help identify unnecessary expenses and optimize spending. Additionally, linking cloud deployments to approved business cases can provide clarity on costs and ROI.
What are the key components of effective cloud governance?
Organizations should focus on embedding the business case into their cloud strategy, ensuring that cloud capacity is added based on approved business needs. It's also important to foster collaboration between IT and business units to create transparent governance policies. This includes regularly evaluating and reporting on cloud business value to align cloud initiatives with overall business objectives.
How can businesses adopt a value-centric cloud operating model?
To adopt a value-centric cloud operating model, businesses should organize their cloud teams around customer value streams, prioritize customer feedback in product development, and encourage cross-functional collaboration. Establishing clear goals that connect product strategy to business strategy, exploring automation of cloud services, and innovating solutions to meet market demands are also essential principles for success.

3 Steps to Keep Cloud Growth and Business Value in Step
published by BlueShield IT
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