On-Demand Webinar
Value vs. Cost: How to Get Both Out of a Cloud Services Provider
According to Gartner CDOs will partner with their CFO to formally value the organization’s information assets for improved information management and benefits.
As data undergoes a shift from on-premises to the cloud, so do the data and analytics practices that rely on it: business intelligence, data science, operational applications, data integration and metadata.
The shift from primarily on-premises deployment to what will become primarily public cloud deployment requires a change in how cloud resources (including storage, compute and network) are managed.
In the on-premises world, we had to manage a set of scarce physical resources.
- The on-premises data and analytics budget process is an unwieldy and imprecise practice.
- Funds are procured and allocated towards IT infrastructure, and workloads are then placed on this infrastructure with little precision in assessing their value in relation to the physical resources on which they run.
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In the cloud, data processing and storage resources are abundant, but all come at a cost that is less transparent than it can and should be.
Objective cost assessment of workloads is not sufficient. Once the cost aspects have been determined and are well understood, the value of a workload must be assessed.
With this webcast learn how cost assessment brings objective, & value assessment introduces subjective components — even when a return in investment can be objectively determined. It requires input from people with an understanding of and empathy for the business and the problems that it is trying to solve.