AWS Cloud Enterprise Strategy Blog

Category: Finance and Investment

Accessing Your RI Purchase Recommendations and Identifying Opportunities for Cost Optimization

Working in the cloud is not just a matter of reducing costs once when you migrate your workloads. It is a matter of constant adjustment to gain all of the cost benefits that AWS makes available to you. We call this process cost optimization—the active oversight of costs as your organization and its market change, […]

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CFO Series: Finance as a Competitive Advantage

The time has passed when CFOs could focus only on cost control and financial reporting. A company’s finance function, in the digital world, is a driver of competitive advantage, of strategy, and of innovation. In a competitive environment, the winner will be the company that best acquires financial resources, invests those resources in the right […]

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Managing Your Cost Savings with Amazon Reserved Instances

By Erin Carlson, AWS Product Marketing Manager Introduction by Mark Schwartz One of the advantages of the cloud is that it allows you to right-size your infrastructure continuously—to add infrastructure when you need it and release infrastructure and stop paying for it when you don’t. This gives enterprises new degrees of freedom in managing their […]

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CFO Series: Are IT Systems Like Other Capital Investments????

*Note: this post is not intended as accounting advice. It is about how to structure IT investments and make decisions about them, not how to account for them. Do IT projects have the characteristics of capital investments? I am not talking about their accounting treatment—that is outside my area of expertise. I am asking from […]

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A New Series: Digital Transformation for CFOs and Finance Departments

Today’s digital transformations pose a number of challenges, or certainly major changes, for finance professionals in enterprises. Yet finance is a critical player in these transformations and in the “transformed” enterprise. Enterprises must make decisions about what IT and digital capabilities to invest in, how to fund and account for those capabilities, how to budget […]

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Reducing Risk in the Cloud by Overcoming the Status Quo Bias

I remember an incident from my previous CIO role. A number of us were in a meeting discussing the severe problems we were having with the performance of a large contractor. At one point, someone suggested that we start a new RFP (request for proposal) process to replace the contractor. “Too risky,” said one of […]

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Rightsizing Infrastructure Can Cut Costs 36%

When an enterprise migrates into the cloud, it is empowered with many new ways to manage its costs. One important benefit is increased agility which in turn leads to leaner delivery processes with corresponding savings. With agility comes the possibility for rapid feedback-and-adjustment cycles, from which comes improved quality and a lower cost of rework. […]

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Lowering the Cost of Curiosity

In his post on the AWS Public Sector blog, John Brady, the CISO of the Financial Industry Regulatory Authority (FINRA), talks about building a data lake in the cloud to reduce the cost of curiosity. The concept is brilliant and consistent with the way I like to think about agility and innovation: that reducing the […]

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