AWS Cloud Enterprise Strategy Blog

Tag: Cost Optimization

finopspreview

Unveiling Blind Spots in FinOps

In the evolving landscape of cloud technology, effectively managing finances is paramount to organizational success. However, while many organizations reap the benefits of cloud services, they often have blind spots that reduce financial visibility and control. This blog post examines four common blind spots that can evade even the most vigilant executives’ radars. Limited Spend […]

KPI's in cloud

Navigating the Cloud: Key Performance Indicators for Success

The worldwide public cloud market is poised for substantial growth in upcoming years, with “end-user spending projected to reach $679 billion in 2024.[1]” . This surge is fueled by enterprises’ ongoing migration of existing workloads, the development of new cloud-native applications, and the emergence of innovative use cases like generative AI. At AWS, our Cloud […]

MC

Proven Practices for Developing a Multicloud Strategy

As an Enterprise Strategist, I find multicloud topics come up in many discussions rife with confusion, false certainty, and tentativeness. Companies are bombarded with conflicting messaging telling them either to never adopt a multicloud approach or to not miss out because “everyone is switching to multicloud.” There are good reasons for either pursuing or avoiding […]

Cutting Costs by Cutting Waste

Given today’s economic uncertainties, many companies are focused on ways to reduce—or at least control—their costs. Their approaches are often based on the traditional idea of controlling costs through the mechanism of budgets. “Let’s find places to cut a budget and force the manager working with that budget to find savings.” Often, the easiest areas […]

Managing in Economic Uncertainty: Cost Reductions

Managing in times of economic uncertainty means facing difficult choices. Reducing costs is a choice that leaders often face but mostly dread. Many of us on the Enterprise Strategy team have faced multiple macroeconomic headwinds or other industry- and company-specific challenges in our previous roles as CXOs. In this post, I outline some of the […]

multiple tape measures - signifying multiple areas that comprise cloud transformation

Measuring the Success of Your Transformation

How do you know whether you’re successful in your cloud journey and your digital transformation? Or, when you’re planning your digital initiative, what benefits should you expect and how will you see them reflected in the company’s performance? Given the uncertainty and change in today’s business environment, it’s sometimes hard to find a stable baseline […]

Enterprise Strategy Blog 2021: Year-End Roundup

Overview Throughout the year, we write blog posts on whatever topics seem to be most important to the AWS customer executives we speak to. Each of us on the Enterprise Strategy team holds 100-200 customer meetings a year, generally at the most senior executive levels, to try to help with their challenges in digital transformation—cultural […]

Businessman opens faucet valve to control money outflow

Funding more transformational capacity – Show me the money!

by Chris Hennesey, Enterprise Strategist, AWS Enterprise Strategy As I meet with more AWS customers, it is clear that many enterprises struggle to have enough capacity to focus on transforming their business. Transformation spending provides a company with necessary resources to embrace new technology and innovation for enhanced capacity. With close to 80% of IT […]

Strategy for Efficient Cloud Cost Management

One of the most common questions I get from customers is how to effectively manage their cloud costs. Amazon Web Services (AWS) offers many programs to help customers evaluate and optimize their spending. The Cloud Economics team is fantastic at providing a detailed, holistic analysis of your environment and can identify areas of optimization and […]