Does cloud infrastructure live up to the hype?
Total spend on IT infrastructure products deployed in cloud environments is slated to hit $44.2 billion in 2017, according to the latest analysis from IDC (see more on that and other impressive figures here). Cloud infrastructure-as-a-service is going mainstream and it’s impact is being felt by everyone in your company, from your loyal IT staff to your graphic designer. But right in the firing line is the Chief Financial Officer (CFO) who bears the brunt of the Cloud shift, principally because they are the one paying the bill, and it’s a bill that’s not always easy to decipher.
Your CFO needs not only to be aware of Cloud technology— how it’s different from traditional in-house IT—but also understand its long-term benefits and advantages, and be able to drive how that budget is spent.While cloud technology adoption is growing across all business sizes and sectors, making the move might not appear a no-brainer to your CFO. The reason? A lack of budget control and lack of forecastability. And potentially, a lack of technical know-how that has now become mandatory.