Intelligent CIO APAC Issue 03 | Page 41

FEATURE : CIO STRATEGIES part of the equation . For more significant cost savings and lasting cost control , companies need to examine how their whole organization consumes its resources .
This is where cost governance comes in . Cost governance aims to develop a businessfocused and sustainable program for costreduction and managing spending .
With the recent disruptions , businesses are becoming more receptive to cloud technologies . Thus , spending on multi-cloud and hybrid cloud solutions is expected to increase going forward .
Many are asking themselves : How can my organizations tackle cloud costs for the long haul ?
How can we ensure the business is extracting the best value from our cloud investments ?
Here are a few tips to consider when building a cloud investment cost governance framework :
Sandeep Bhargava , Managing Director of Asia Pacific Japan ( APJ ), Rackspace Technology www . intelligentcio . com INTELLIGENTCIO
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