“Big Data is not simply code for lots of information,” observed Victoria Kouyoumjian, Sr. Business and Technologies Strategist at Esri, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “Instead,” Kouyoumjian noted, “Big Data refers to information in myriad different formats from varying sources – and many of these digital formats and streams haven’t existed until recently.”
Cloud Computing Journal: Agree or disagree? – “While the IT savings aspect is compelling, the strongest benefit of cloud computing is how it enhances business agility.”
Victoria Kouyoumjian: Agree. Many organizations are initially attracted to Cloud Computing as the new bright shiny object that can potentially improve their IT portfolio. At the top of the list of benefits is cost savings, including reducing overall operational costs and exposing more cost avoidance opportunities. However, if the pay-as-you-go model does not fit with the business model of the organization, the savings aspect using the predominant cloud cost model cannot unanimously be adopted. For example, a Federal government agency accustomed to committing spend and decrementing after, or a public company with budgeting forecasting mandates might not have the same business needs as a commercial organization. Additionally, sitting down and doing the math on those cloud-hosted services that run 365 days a year may not equate to a compelling case for significant IT savings.
read more