Cloud Governance: Purpose, Principles & Challenges

About Cloud Governance

Cloud governance is a set of rules and principles that direct how to use cloud computing services. Cloud governance platform refers to the process of the decision making, measures, and procedures involved in the planning, architecture, investment, deployment, operation, and management of the cloud computing tool. A cloud billing management tool helps the business in optimizing its costs and balancing its investments as per the services required.

Why Cloud Governance Platform is important?

Managing cloud resources - Cloud service providers like AWS cost management advise their users to move a multiple-tenant workload from a single account to different accounts. Using a cloud governance platform, multiple cloud accounts and resources are managed efficiently and provide visibility across performance and trends.

Reduces manual labor - Cloud cost management offer actions that help in automating alerts and saves time and effort for additional tasks.

Curbing shadow IT - Whenever a delay occurs in getting access to resources, employees turn to shadow IT. It helps in placing the required setup to access the cloud resources quickly and within budget. 

public Cloud optimization tools
 
5 Principles of Cloud Governance Platform

Cost Optimization - A cloud governance platform helps in optimizing costs by identifying discount opportunities.

Operations Management - Identifying and terminating unused cloud assets, scheduling operational instances for ease of doing work on the cloud resources.

Financial Management - A good cloud governance platform should be aware of the financial resources of the business and its investment for efficient returns.

Performance Management - A cloud governance platform is meant for optimizing assets for better performance and managing workloads.

Security Management - A best cloud governance platform or cloud billing management service cover multiple cloud security components and ensures proper safety of the cloud resources.

Challenges in Cloud Governance Platform

Control - A well-managed and directed cloud governance platform will help the business in reducing the operational cost of the company.

Performance management - If the supple power goes down, then the client's cloud performance using Cloud Governance services will also go down. To avoid such breakages, a proper cloud governance platform is required.

Cost Management - Businesses using cloud billing management tools utilized a cost-effective approach to managing their cloud resources. A well-structured cloud governance platform helps in optimizing costs and reduces any financial glitches. 

 

cloud shared cost allocation tool


Security - A cloud governance platform should be built with strict authentication policies to protect the availability and confidentiality of the data.

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