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Podcast: Cloudcast Basics
Episode:

How Cloud Economics Impacts Business Thinking
Category: Technology
Duration: 00:11:29
Publish Date: 2021-04-27 19:00:00
Description:

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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