CIOs guide to Know, Control, and Optimize (KCO) the cloud spend

CIOs guide to Know, Control, and Optimize (KCO) the cloud spend

Cloud adoption has rapidly increased over the last ­ive years and will grow at approximately 30% compounded annual growth rate (CAGR). The cloud adoption provides faster time-to-market, high-velocity operations, innovation and scale. The cloud provides a paradigm shift in spend management from the capital expenditure (CapEx) to the operational expenditure (OpEx) model. The spend management for cloud services consumption requires a different type of governance approach when compared to traditional IT resources cost management when the workload is on-premises.

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