AWS Partner: Cloud Economics Accreditation

During the last three months, I have been involved in the migration program into AWS, following the Cloud Adoption Framework and MAP program guidance. Cloud Economics is an inevitable topic to consider, especially during the Assess and Modernize phases.

Bearing in mind that I'm an Azure "guy" I wanted to check how far my Azure knowledge of Cloud Economics principles differs from AWS. The answer is - it's (almost) the same, but let's take a look at what Cloud Economics actually means.



AWS Cloud Economic

AWS Cloud Economic relies on two main areas - business value and cloud financial management. 

Business values consider the components that advance your customer's business. Usually, it's all about money, but not only. There are 5 pillars to consider here.

  • Cost savings are realized by avoiding the on-premises infrastructures with large fixed spend and reducing the ongoing variable spending through the economies of scale that AWS offers.
  • Staff productivity is measured in increased output by the same size team because much of their previous tactical work is no longer needed.
  • Operational resilience is achieved by enhanced availability, more security, and less downtime.
  • Business agility consists of new products, new geo-location expansions, or more features of the existing products that your customers can now deliver.
  • And, sustainability is reducing the environmental impact of IT operations.

Cloud financial management is more about making sure that customers can realize the value of the cost benefits.

  • Measurement and accountability focuses on establishing cost transparency and accountability through the necessary steps to ensure visibility into spend.
  •  Cost optimization focuses on identifying waste, building cloud-friendly architectures that scale based on demand, and improving cost efficiency.
  • Planning and forecasting focus on gaining a better understanding of costs associated with current and future IT needs, which drives more accurate financial and business planning.
  • Cloud financial operations focus on identifying and investing in people, processes, tools, and automation to support cloud financial management.

AWS Partner: Cloud Economics Accreditation

The AWS Cloud Economics have been clearly described by AWS within the training materials to support its partner in the discussion and nail down their needs. 

After the successful assessment of your skills, you may claim a new shiny badge "AWS Partner: Cloud Economics Accreditation" 

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