
A Guide to Financial Governance in the Cloud
The path to predictable cloud costs
With a growing number of enterprises making the move from on-premise infrastructure to on-demand cloud services, there has been a major shift from CapEx to OpEx spending. According to Computer Economics, 65% of organizations are increasing IT operational spending, while IT capital expenditures are at a 5-year low of 18%, dropping from 23% in 20141. This transition entails big processes and organizational changes and new best practices. We’ve reached an inflection point where new methods are needed to understand, control, and manage IT costs.