Author: Mark Schwartz

As I have argued in my other posts, the digital world is bringing a radical change in the role of the CFO. For one thing, the cloud and DevOps are turning fixed costs into variable costs. For another, rapid iteration and delivery make it possible—and essential—for us to make financial decisions based on marginal costs […]

As we navigate the changes brought about by the digital revolution, we can see that the role of the enterprise CFO is also changing. Whether the one is the cause of the other, and which is cause and which effect, I’m not so sure. But the digital world certainly requires us to think very differently […]

The annual budgeting process leads us to make decisions based on total costs. We assign a budget to a cost category, then spend the year managing to that cost. Our investment management process similarly leads us to think in terms of total costs. We plan against a set of requirements, estimate the total cost, figure […]

By Eddie Murray, Global Oil & Gas Leader, Amazon Web Services Introduction by Mark Schwartz, Enterprise Strategist, AWS As my colleague Miriam McLemore says, large enterprises have innovation in their DNA. There was something innovative they did that got them to be big enterprises in the first place, and probably many innovations along the way. […]

by Jeanine Banks, General Manager, Industry & ISV Solutions at AWS Introduction by Mark Schwartz In another take on the question of risk and controls, Jeanine Banks, from our  Product Management organization, shows how companies moving into the digital age are often focused on the wrong risks and build walls and controls that stifle innovation. […]

Live blog post from re:Invent 2018, Las Vegas For decades, enterprises have thought of data in terms of the relational database model. It is a brilliant model and has solved many of the data-handling problems of early IT. With a normalized database schema, we could reduce redundancy and bring out the relationships between data items […]

Live blog post from re:Invent 2018, Las Vegas One consistent theme in Werner Vogels’s keynote speech at re:Invent yesterday was that products designed for the cloud are very different from those designed for on-premises hardware. In the first waves of migration to the cloud and cloud-first delivery of new systems, it was natural for all […]

When I joined AWS just over a year ago, I was introduced to the concept of a “bar raiser.” In every interview process for a new employee, someone is designated as the bar-raiser—the person who will make sure that the new employee raises the bar for whatever function they will be performing. The bar raiser […]

In previous blog posts I have described anti-patterns of enterprise IT that we often observe in enterprises we work with, and patterns of successful enterprise IT that are their antidotes. To make these patterns and anti-patterns more concrete, I will explain how they have played out at my old organization, US Citizenship and Immigration Services […]

An interesting question arose at one of my customer meetings recently. We were discussing the importance of innovation; in particular, how important it was for technology staff to stay abreast of new technologies to see whether they could add value to the enterprise. We agreed that current best practices suggest conducting rapid experiments to test […]