Digital Transformation Asset Management

Mobile device security: A new frontier for hackers

By G C Network | February 1, 2015

Recent security breaches have heightened our awareness of cybersecurity issues. The hack and other security breaches have resulted in unprecedented damages. However, the majority of mobile device users have yet to be sensitized…

Learn How To Buy Cloud From GovLoop & ViON

By G C Network | January 28, 2015

“Government IT managers must accept that cloud computing services are services, not the purchases of technology. This usually represents a fundamental change in how technology is acquired and managed. Since…

A VETS 360 BENEFIT – LATINO FILM INDUSTRY POST OSCAR PARTY

By G C Network | January 21, 2015

   GUESS WHO SUPPORTS VETS 360? You can support them too at the: THE OFFICIAL LATINO FILM INDUSTRY POST OSCAR PARTY The Veterans 360 mission is to support our young combat…

South Asia’s Biggest Tech Event – “Digital World 2015”

By G C Network | January 19, 2015

 I am proud and honored to announce that I have been added as a speaker at SouthAsia’s biggest tech event “Digital World 2015” , 9th – 12th February, 2015 at…

Fear Hackers? First invest in an IT security culture change

By G C Network | January 14, 2015

by Kevin L.Jackson  With all the news these days about cyberterrorism and hacking the cloud may seem like the last place you would want to put your precious information. Pew…

CloudCamp Bangladesh In Dhaka! – February 11, 2015

By G C Network | January 13, 2015

Did you know that….. Goldman Sachs recognized Bangladesh as one of the Next Eleven (N-11) – a list of eleven countries having strong potential for becoming the world’s largest economies…

Agile is not the absence of ITIL!

By G C Network | January 12, 2015

 by Jodi Kohut ITIL (formerlyknown as the Information Technology Infrastructure Library) has been the best management practices framework of choice for world class IT Operations organizations.  The 5 stage framework:…

Cloud Security: Understanding the Cloud Computing Threat Landscape

By G C Network | January 10, 2015

In the last two years, IT security breaches have hit the White House, the State Department, the top federal intelligence agency, the largest American bank, the top hospital operator, energy…

Federal Cloud Computing Summit on January 14-15, Washington, DC

By G C Network | January 9, 2015

The Federal Cloud Computing Summit will be held on January 14-15, 2015 at the Marriott Metro Center in Washington, D.C. (Complimentary government and academic registration) This educational symposium will feature cloud computing…

CONGRATULATIONS! Inaugural Cloud Computing Class at Mira Costa College Graduates!!

By G C Network | January 8, 2015

Anthony Dorrah, Jose Chapman, Mike Chatelain,  Lisa Heiden, Ginelle Johnson, Robert Minson, Alfredo Morales  We are so proud of the success of out first cloud computing training class.  This group…

Today’s businesses run in the virtual world. From virtual machines to chatbots to Bitcoin, physical has become last century’s modus operandi.  Dealing with this type of change in business even has its own buzzword – Digital Transformation.  From an information technology operations point of view, this has been manifested by organizations increasingly placing applications, virtual servers, storage platforms, networks, managed services and other assets in multiple cloud environments.  Managing these virtual assets can be much more challenging than it was with traditional physical assets in your data center.  Cost management and control are also vastly different than the physical asset equivalent.  Challenges abound around tracking and evaluating cloud investments, managing their costs and increasing their efficiency.  Managers need to track cloud spending and usage, compare costs with budgets and obtain actionable insights that help set appropriate governance policies.

The cloud computing operational expenditure (OPEX) model demands a holistic management approach capable of monitoring and taking action across a heterogeneous environment.  This situation is bound to contain cloud services from multiple vendors and managed service providers.  Enterprises also need to manage services from a consumption point of view. This viewpoint looks at the service from the particular application down to the specific IT service resources involved, such as storage or a database. Key goals enterprises need to strive for to be successful in this new model include:

 

  • Obtaining ongoing visibility into true-life cloud inventory;
  • Viewing current and projected costs versus industry benchmarks;
  • Establishing and enforcing governance control points using financial and technical policies;
  • Receiving and proactively responding to cloud cost and operational variances and deviations;
  • Gaining operational advantages through advanced analytics and cognitive computing capabilities;
  • Simulating changes to inventory, spend goals and operational priorities before committing;
  • Managing policies through asset tagging across providers and provider services; and
  • Identifying and notifying senior managers about waste and opportunities for cost savings.

Accomplishing these goals across a hybrid IT environment will also require timely, accurate and consistent information delivery to the organizations, CIO, CFO, IT Financial Controller and IT Infrastructure and Operations Managers.  Ideally, this information would be delivered via a “single pane of glass” dashboard.

One path towards gaining these capabilities would be through the use of a cloud services brokerage
platform like IBM® Cloud Brokerage Managed Services – Cost and Asset Management. This “plug and play” service can assist in the management of spending and assets across hybrid clouds by visualizing data that provides focus on asset performance.  Through the use of predictive analytics, it can also provide insight-based recommendations that help in the prioritization of changes according to their expected level of impact.  Analytics enables an ability to recalibrate cost by comparing planned versus actual operational expenditures.  The built-in cloud service provider catalog, pricing, and matching engines can also help organizations find alternative providers more easily.  Using IBM Watson® cognitive capabilities, IBM Cloud Brokerage Managed Services – Cost and Asset Management will also highlight cloud best practices and expected results based on IBM’s rich knowledge base of cross-industry cloud transition experience.

Operating a business from a virtual IT platform is different.  That is why advanced cost and asset management skills, capabilities and tools are needed.  According to Gartner, more than US$1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years. This makes cloud computing one of the most disruptive forces of IT spending since the early days of the digital age.  You and your organization can be ready for these tectonic changes by implementing the straightforward five-step process supported by IBM Cloud Service Brokerage capabilities:

 

  1. Establish governance thresholds and policies for services;
  2. Connect the advanced management platform across all cloud service accounts;
  3. Track the costs of the services, including recurring and usage-based costs;
  4. Enforce compliance on the costs and asset usage using the purpose-built cost analytics engines; and
  5. Simulate and optimize the control and compliance actions and better control your costs.

 

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