Introduction
1. Introduction
Using cloud technology, either for business improvements or for large-scale transformation, can be challenging. In fact, one of the common pain points many organizations face, regardless of which cloud provider they use, is managing cloud costs. For large organizations especially, the transition from predictable capital expenditures for building and maintaining their IT infrastructure to agile operating expenditures using cloud resources requires process and organizational changes. Managing cloud costs requires vigilance and real-time monitoring in parallel. In fact, because almost anyone can now access cloud resources on demand, managing IT infrastructure costs no longer sits mainly with the finance team. Instead, it involves more people across multiple teams. So you might even be the person responsible for IT budgeting. Whatever your role, understanding how using cloud technology affects the business from a cost perspective will help you maximize the value your organization gains from using the cloud. In this first section of the course, you’ll explore the fundamentals of cloud cost management, cloud financial governance best practices, ways to control access by using the resource hierarchy, and ways to control cloud consumption.2. Let's practice!
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