Ability to run systems to deliver business value at the lowest price point.
Design Principles:
Implement Cloud Financial Management: Dedicate time and resources to build capability in this new domain of technology and usage management.
Adopt a consumption model: "Pay as you go" mentality - Pay only for the computing resources that you require.
Measure overall efficiency: Measure how much of the resources are you using, are you using them efficiently?
Stop spending money on undifferentiated heavy lifting: Allows you to focus on your customers and business projects rather than on IT infrastructure.
Analyse and attribute expenditure: Identify the usage and cost of systems, which then allows transparent attribution of IT costs to individual workload owners.
Last updated