For decades, the traditional IT models have been based on “owning IT” rather than “consuming IT”. As a result, most enterprises develop business cases and also negotiate contracts that don’t take into account the differential approach specific to cloud. The result: overspending or rising cost of cloud adoption. This raises questions on deriving value from cloud investments which often fell short of expectations and sometimes also resulting into reverse migration to on-prem.
The session will focus on cloud economics and optimizing investments as well as how to avoid the classic mistakes such as undefined cloud road map, miscalculated cloud forecasts and undefined business case, among others.
The session will cover:
- Understanding cloud cost factors;
- Practical cost-optimization strategies;
- The importance of visibility and monitoring;
- The importance of cloud governance.