Digital Transformation Asset Management

Cloud Computing and the Process Integration Era

By G C Network | December 17, 2008

The Industry Advisory Council (IAC) is a non-profit, non-partisan organization dedicated to fostering improved communications and understanding between government and industry. through its affiliation with the American Council for Technology…

The Tactical Cloud

By G C Network | December 16, 2008

When cloud computing first came in vogue, there was a rather serious discussion about the private cloud concept. The whole idea of cloud computing seemed to argue against implementing such…

“Cloud Musings” Now on SYS-CON Media “Cloud Computing Journal” !!

By G C Network | December 15, 2008

I’m happy to announce that a recent “Cloud Musings” article, “Commercial vs Federal Cloud Computing ” has been reposted on SYS-CON Media’s “Cloud Computing Journal“. Thank you SYS-CON for making…

How to make clouds interoperable and standard !!

By G C Network | December 12, 2008

This has been a huge part of my life over the past few weeks! This is my personal view. WARNING: DON’T EXPECT THE ANSWER TO BE FOUND BELOW !!! There…

The Tension between Public and Private Clouds

By G C Network | December 11, 2008

Last week, during discussion on cloud interoperability and standards in Israel, I saw for the first time a real dichotomy in the value of public (external) and private (internal) clouds.…

Cloud Computing for Continuity of Operations (COOP)

By G C Network | December 10, 2008

Recently, I’ve been focusing on cloud computing for COOP. The way I looked at it, many government agencies are already using commercial shared facilities as COOP sites and that the…

NCOIC Plenary Session

By G C Network | December 9, 2008

Hopping a plane to the west coast today to attend the NCOIC Plenary in Costa Mesa, California. First day “Cloud Computing for Net-Centric Operations” agenda includes: David Ryan, Chief Architect…

Dataline named “Top 100 Cloud Computing Company”

By G C Network | December 9, 2008

SYS-CON’s Cloud Computing Journal included Dataline in its expanded list of the most active players in the cloud ecosystem. In adding Dataline to the “Top 100” list, Jeremy Geelan noted…

Autoscaling into the cloud- Good or Bad?

By G C Network | December 8, 2008

I always thought saw the ability to autoscale into a cloud infrastructure as a good thing. George Reese presented a differing view on the O’Reilly blog recently. “Auto-scaling is the…

Cloudera must be reading the script!

By G C Network | December 4, 2008

“Cloud computing leapt out as the most obvious way to address enterprise large data problems” – Ken Pierce, IT Specialist, DIA-DS/C4ISR “We view Hadoop as the key enabler…[in] optimizing the…

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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