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How Cloud Economics Impacts Business Thinking

How Cloud Economics Impacts Business Thinking

Released Tuesday, 27th April 2021
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How Cloud Economics Impacts Business Thinking

How Cloud Economics Impacts Business Thinking

How Cloud Economics Impacts Business Thinking

How Cloud Economics Impacts Business Thinking

Tuesday, 27th April 2021
Good episode? Give it some love!
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SHOW: Season 3, Show 3

OVERVIEW: From the creators of the Internet's #1 Cloud Computing podcast, The Cloudcast,Aaron Delp (@aarondelp) and Brian Gracely (@bgracely) introduce this new podcast,  Cloudcast Basics.

HOW CLOUD ECONOMICS SHIFTS BUSINESS THINKING

Introduction & Explanation: 

Let’s start with a simple concept - annual budgeting. Every company does it, and it’s partially based on data and partially based on guessing (a.k.a. “forecasting”). 

  • Nearly every business project is going to have a technology element
  • Business projects have a scope, a timeline, and a measurement. They budget them by the quarter, half-year and fiscal-year. 
  • Business opportunities often involve something new.

Legacy IT Economics have never been able to keep up with this model, hence cloud computing disrupted both a technology model, but also a business model. 

  • Cloud allows experimentation (fail-fast, A/B testing, parallel experimentation, fast scale-up or scale-down, etc.)
  • Cloud allows the addition of technical skills within additional people
  • Cloud allows access to global resources
  • Cloud allows access to new innovations and technologies

SUBSCRIBE: Please subscribe anywhere you get podcasts (Apple Podcasts, Google Podcasts, Spotify, Stitcher, Amazon Music, Pandora, etc.).

CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotw

LEARNING CLOUD COMPUTING:
Here are some great places to begin your cloud journey, if you're interested in getting hands-on experience with the technology, or you'd like to build your skills towards a certification. 

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