Tag: Cost Optimization

Despite projected increases in global IT spending to $5.7 trillion by 2025, companies remain caught in a funding dilemma where 70-80% of budgets maintain existing systems rather than driving innovation. Organizations can break this cycle through zero-based budgeting, innovation capacity reinvestment programs, modern FinOps for cloud optimization, and portfolio rationalization to unlock resources for growth.

Leverage AWS to accelerate post-merger IT integration and cost synergies through data center/storage consolidation, database modernization, volume discounts, and simplified procurement.

In the evolving landscape of cloud technology, effectively managing finances is paramount to organizational success. However, while many organizations reap the benefits of cloud services, they often have blind spots that reduce financial visibility and control. This blog post examines four common blind spots that can evade even the most vigilant executives’ radars. Limited Spend […]

The worldwide public cloud market is poised for substantial growth in upcoming years, with “end-user spending projected to reach $679 billion in 2024.[1]” . This surge is fueled by enterprises’ ongoing migration of existing workloads, the development of new cloud-native applications, and the emergence of innovative use cases like generative AI. At AWS, our Cloud […]

As an Enterprise Strategist, I find multicloud topics come up in many discussions rife with confusion, false certainty, and tentativeness. Companies are bombarded with conflicting messaging telling them either to never adopt a multicloud approach or to not miss out because “everyone is switching to multicloud.” There are good reasons for either pursuing or avoiding […]

Given today’s economic uncertainties, many companies are focused on ways to reduce—or at least control—their costs. Their approaches are often based on the traditional idea of controlling costs through the mechanism of budgets. “Let’s find places to cut a budget and force the manager working with that budget to find savings.” Often, the easiest areas […]

Managing in times of economic uncertainty means facing difficult choices. Reducing costs is a choice that leaders often face but mostly dread. Many of us on the Enterprise Strategy team have faced multiple macroeconomic headwinds or other industry- and company-specific challenges in our previous roles as CXOs. In this post, I outline some of the […]

How do you know whether you’re successful in your cloud journey and your digital transformation? Or, when you’re planning your digital initiative, what benefits should you expect and how will you see them reflected in the company’s performance? Given the uncertainty and change in today’s business environment, it’s sometimes hard to find a stable baseline […]

Overview Throughout the year, we write blog posts on whatever topics seem to be most important to the AWS customer executives we speak to. Each of us on the Enterprise Strategy team holds 100-200 customer meetings a year, generally at the most senior executive levels, to try to help with their challenges in digital transformation—cultural […]

by Chris Hennesey, Enterprise Strategist, AWS Enterprise Strategy As I meet with more AWS customers, it is clear that many enterprises struggle to have enough capacity to focus on transforming their business. Transformation spending provides a company with necessary resources to embrace new technology and innovation for enhanced capacity. With close to 80% of IT […]