The use of cloud computing can be a strategic advantage for any company, but it does come with some risks. Good governance will enable your organization to take full advantage while managing those concerns so you don’t find yourself at risk when switching over from traditional methods
Maintaining an active IT infrastructure is expensive and time-consuming – that’s why most companies are turning towards outsourcing solutions like renting server space on Amazon Web Services (AWS).
With all this new technology available today though there needs to be more than just economic reasons behind making such profound transformations in how they operate.
What is Cloud Governance?
To some, cloud governance is a set of rules that must be complied with. Others would say its control over access to budgets and compliance.
It’s important for managing all aspects related to keeping an organization powered up including monitoring changes needed when policies change whether those adjustments are minor tweaking here & there (policies)or major surgery like rewiring your entire IT infrastructure from scratch.
The first step in managing your cloud is understanding where it fits into the overall picture. This involves looking at who provides what services and how those providers have governed themselves, as well as any security measures they put forth which will affect you individually when using their product/service.
The terms “cloud governance” and corporate policies, and standards procedures (PSPs) are often used interchangeably by many organizations when they begin their journey in the cloud.
However, it is important to remember that there’s more than one aspect of managing this new technology so these concepts should not be simplified too early on because things change quickly.
For regulated industries, it is important to separate the concepts of cloud governance and privacy policies.
This way organizations can make sure they are meeting all requirements for their particular industry’s standards which would otherwise be impossible without this clarification on what constitutes a compliant solution in both areas. Especially, when dealing with sensitive data like customer transactions or employee performance Evaluations that could lead them down an unwanted path if compromised by hackers alike.
Advantages of Cloud Governance
The need for cloud governance is even more important when physical constraints are removed from application teams.
The way that you govern your organization’s clouds will help holistically manage costs, and risks and maximize benefits with this new technology.
Cloud computing has revolutionized how we use technology to store and process information. A single solution provides nearly instant access with virtually infinite capacity, at a low cost compared to company-owned infrastructure that requires constant maintenance and upgrades–and can be deleted easily if needed.
Cloud computing provides a new approach to information technology infrastructure that is not only different from traditional approaches but also requires customized policies and procedures for this unique environment.
The cloud has characteristics of real-time systems with dynamic resource requirements, therefore, developing automated systems will be necessary in order to manage the speed as well as the scale that is provided by these properties within our current framework.
Implementing Cloud Governance framework
One way to form a holistic cloud governance strategy is by applying important components of the best practices in this particular framework.
These include understanding your organization’s unique set of business objectives and risk profile, prioritizing disciplines based on those needs as well as their level of maturity within the IT department–including experience with hosting services like AWS.
The goal of cloud governance is to strike a balance between your business objectives for using the technology, DevOps practices, and company needs.
For example, if you have high-reliability requirements then it would be best not to use an Amazon Web Services solution since they offer more than IaaS capabilities in their product line-up which can lead them being less reliable when there’s a higher demand for systems due to increased load factors or spikes within traffic patterns causing service interruptions lasting minutes at times rather than seconds like some other providers might experience while providing close matched solutions meeting all asset goals (cloud native).
On top of that managing, these risks require constant attention as well confirmation steps are taken before going live with any new project so nothing falls through.