How Cloud Economics Impacts Business Thinking

Cloudcast Basics

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4+ y ago 11:29

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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

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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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A Cloud Guru - Training and Certifications
Cloud Academy - Training and Certifications
Katakoda - Self-Paced, Interactive Learning
GitHub - Code Samples and Collaboration

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