There are a couple ways to interpret the title of this article, and neither are necessarily wrong. The more appropriate context is meant to convey the various ways in which cloud utilization is sub-optimized and therefore getting wasted. Taken another way however, you could interpret your Cloud as a living breathing entity that has overindulged in mind-altering substances, and is currently out of control. If we’re really being honest, neither description is wrong as a generalized assessment of enterprise cloud utilization and spend. According to multiple research reports, company executives are projected to:
Waste $17B in the Cloud as an industry in 2020
Waste 30% of their own Cloud
Significantly increase Cloud spend (41% of respondents) over next year
When priorities are focused on deploying resources to keep the workforce productive and customers happy, often maintenance and optimization of the underlying technology lags, as does the expertise to manage it effectively. It doesn’t have to be that way, however!
Click below to see how we outline the five ways companies are wasting their Cloud, and more importantly, what they can do about it:
NET(net) Announces the Addition of John Olin to its Board of Advisors
NET(net) is thrilled to announce that John Olin has joined its Board of Advisors. Most recently serving as Harley Davidson’s Chief Financial Officer and Senior Vice President, John will bring his years of business experience and acumen to the fore in advising NET(net)’s executive management team in building on its 18-year track record of excellence.
A 17-year veteran of Harley-Davidson and a CPA, Mr. Olin has more than 25 years of financial leadership experience. Before joining Harley Davidson in 2003, he served for 12 years in various financial roles at Kraft, Oscar Mayer Foods, and Miller Brewing Company. Mr. Olin is a graduate of Indiana University having earned an undergraduate degree, followed up by an MBA from the University of Chicago.
To read entire news article and release, please click below:
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WIN(win): The Latest Updates on NET(net)'s Proprietary Strategic Supplier Management Platform
The dedicated NET(net) team of developers have been hard at work during the pandemic, churning out updates and feature enhancements over the last few months! Below are just a few of the enhancements:
New collaboration shelf and links. You can now see and search for any documents and links that have been posted within any Collaboration Feed from your company using the new shelf.
Enhanced upload capability to Benchmarks. Now much easier to add and upload supplier specific documents to Benchmark requests.
Email notifications now have direct links to update KPIs, SLAs, and Watchlist items to saving time and effort in managing agreements.
Cloud Waste and Cloud Cost Optimization (CCO) Infographic
See how the industry waste on Cloud spend may be one the biggest issues IT faces in 2020 and beyond.
Click the image to see full graphic.
CxO Moves: August
Ford CEO retiring and COO Jim Farley will take the helm
Johnson Controlsappoints Diane Schwarz as Chief Information Officer
NET(net) is thrilled to announce that John Olin has joined its Board of Advisors. Most recently serving as Harley Davidson’s Chief Financial Officer and Senior Vice President, John will bring his years of business experience and acumen to the fore in advising NET(net)’s executive management team in building on its 18-year track record of excellence.
