Digital Transformation Asset Management

My views on “Classification of Cloud Computing Stakeholders”

By G C Network | July 12, 2008

In “Cloudy Times”, Markus Klems is having a good discussion on how cloud computing stakeholders classify the various infrastructure options. I then thought that it would be good for me…

The Implemetation of Network-Centric Warfare

By G C Network | July 12, 2008

The Implemetation of Network-Centric Warfare “Warfare is about human behavior in a context of organized violence directed toward political ends. So, network-centric warfare (NCW) is about human behavior within a…

Personal Views on DISA, HP and RACE

By G C Network | July 11, 2008

DISA and HP are clearly on the path towards cloud computing. At it’s core, net-centric operations requires the effective delivery of information to forward forces and the translation of that…

DISA selects HP for RACE

By G C Network | July 10, 2008

Byte and Switch reported today that the Department of Defense (DoD) has confirmed that HP will help the Defense Information Systems Agency (DISA) deploy a major cloud computing infrastructure. Grid…

Speakers for First SOA-R Event Announced

By G C Network | July 10, 2008

Scheduled speakers and topics for the first SOA-R Cloud Computing Education event are: Steve Armentrout, Parabon, President & CEO Grid to Cloud Computing Greg Boss, IBM, Lead Cloud Solution Architect…

Cloud Computing Offerings – A Taxonomy

By G C Network | July 9, 2008

From “The various level of cloud computing” by Ross Cooney Applications in the cloud: Software as a Service (SaaS). Examples include gmail, yahoo mail, Hotmail, the various search engines, wikipedia,…

Cloud Computing Guides (updated 8/10/08)

By G C Network | July 9, 2008

InfoWorld Special Report on Cloud Computing InformationWeek Guide to Cloud Computing InfoWorld Cloud Computing Strategy Guide Cloud Computing Product Guide A Brief History of Cloud Computing Business Week CEO Guide…

Microsoft announcing Cloud Computing offering

By G C Network | July 8, 2008

According to Information Week, Microsoft plans to make three important business software offerings — Exchange, Office Communications, and SharePoint — available in SaaS versions for business this year, but it’s…

Intel new CIO to examine Cloud Computing

By G C Network | July 7, 2008

In a ComputerworldUK article, incoming Intel CIO Diane Bryant says that she will network with fellow information chiefs, examine cloud computing and advocate using the chip giant’s internal operations as…

Cloud Computing for National Security

By G C Network | July 3, 2008

As the national security community considers cloud computing as an IT infrastructure option, it is surely looking at the value of the cloud in an information sharing world. Implementation of…

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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