Source: azure.microsoft.com
Preparing for what’s next: Financial considerations for cloud migrationCategory: Business, Data
As you move through assessments and plan your migration, it is critical to get buy in from your CFO and other financial stakeholders—even more so in today’s challenging macro-climate.
With this dual focus, it is critical to understand not only the technical benefits of a cloud transition, but also the financial and economic opportunities associated with it.
By rightsizing and optimizing capacity when migrating to Azure, customers can realize economic benefits from cloud scale and elasticity.
By creating a channel of communication with your financial stakeholders and highlighting symbiotic relationships of some of the KPI and process impacts of a cloud migration, you can begin working with your finance team to proactively reset expectations around both capital/operating budgets and EBITDA targets in a cloud vs on-premises world.
C) Predictable workloads: Azure customers can minimize costs of predictable workloads by taking advantage of Azure Reserved Instances and Spot prices.
With this dual focus, it is critical to understand not only the technical benefits of a cloud transition, but also the financial and economic opportunities associated with it.
By rightsizing and optimizing capacity when migrating to Azure, customers can realize economic benefits from cloud scale and elasticity.
By creating a channel of communication with your financial stakeholders and highlighting symbiotic relationships of some of the KPI and process impacts of a cloud migration, you can begin working with your finance team to proactively reset expectations around both capital/operating budgets and EBITDA targets in a cloud vs on-premises world.
C) Predictable workloads: Azure customers can minimize costs of predictable workloads by taking advantage of Azure Reserved Instances and Spot prices.
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