Executive Summary
Maximising your Cloud Investments: Developing a Practitionersâ Approach to Optimising Cloud Architecture & Design
Organisations today have grown their footprint in the cloud at an exponential pace, no longer only testing out the public cloud for non-critical workloads and data, but now, shifting core IT and full-scale development, as well as mission- critical production environments into hybrid cloud environments.
All around the world, tech teams constantly seek to maximise business value from their financial investments into the cloud. Top priorities extend beyond traditional technology parameters, which today often include the development of best practices in measuring and articulating the return of investments of a cloud-first strategy to the executive and board leadership, as well as gaining granular visibility into cloud service consumption by different parts of the business. Practitioners have also applied advanced cloud management techniques to achieve better outcomes in reducing wastage, improving cloud performance per dollar, ensuring regulatory compliance, and accelerating digital innovation and ecosystem partnerships.
This unique Think Tank invites top industry practitioners with decades of combined experience in Cloud engineering to exchange insights and share best practices for managing financial investments, tracking performance, and optimizing dollar cost to performance in cloud transformation. The council agenda will be augmented by useful frameworks and best practices recommended by the FinOps Foundation include developing a culture of financial accountability and optimization, implementing a framework for cost optimization, effective use of cloud financial management platforms, applying relevant financial governance frameworks, and developing chargeback or showback model.