The on-demand tech paradox: Balancing speed and spend
This Capgemini article examines the paradox of cloud consumption models: while pay-as-you-go delivers speed and flexibility, it also brings new challenges for cost control and governance. It highlights how leaders can balance innovation with discipline as cloud spending accelerates. Connect with Vaz Global Technology to learn strategies for managing speed and spend in your cloud journey.
What is the on-demand tech paradox?
The on-demand tech paradox refers to the struggle organizations face in leveraging on-demand technologies for agility and innovation while managing rising costs and governance challenges. A significant 82% of executives report escalating expenses in these areas, with many indicating that decentralized tech purchases create inefficiencies and risks.
How can organizations optimize their on-demand tech investments?
Organizations can optimize their on-demand tech investments by adopting a cloud-smart strategy aligned with business outcomes, engineering cost-aware architectures, expanding FinOps to cover all relevant technologies, and automating cost optimization through AI-driven tools. This holistic approach can help improve ROI while maintaining innovation.
What role does FinOps play in managing on-demand technology costs?
FinOps is crucial for managing costs related to on-demand technologies. While 76% of organizations are building FinOps teams, only 2% currently cover cloud, SaaS, and Gen AI comprehensively. Expanding the scope of FinOps to include these technologies can enhance strategic capabilities and promote better governance across functions.
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The on-demand tech paradox: Balancing speed and spend
published by Vaz Global Technology
We are a technology solutions provider with expertise in a wide range of areas, including cloud migrations, database integration, data mining, call center and voice integration software, optimization, data lakes, and AI/machine learning. In addition, we specialize in cyber security and have strategic partnerships with Fortinet, Veeam, and CloudCheckr. Our team of experts is highly experienced in helping organizations migrate from on-premises systems to cloud-based environments, ensuring a smooth transition with minimal disruption to operations. We also offer comprehensive database integration and data mining services, enabling our clients to leverage their data for business insights and better decision-making. For call center and voice integration software, we offer Amazon Connect solutions, which enable organizations to streamline their customer service operations and improve customer satisfaction. Our optimization services focus on improving system performance and efficiency, while our data lakes and AI/machine learning services help organizations make the most of their data. We prioritize cyber security and offer comprehensive solutions to help organizations protect their data and systems from threats. Our strategic partnerships with Fortinet, Veeam, and CloudCheckr enable us to offer best-in-class solutions to our clients. In addition, we offer billing as a service to help organizations streamline their billing processes and improve accuracy. We also offer AWS SNS for Amber Alerts and automation for school systems, helping educational institutions stay connected with their students and communities. Finally, we provide event and student services, helping organizations plan and execute successful events while also providing comprehensive support for student needs. With our broad range of capabilities and expertise, we are committed to helping our clients achieve their technology goals and drive business success