Widespread adoption of the cloud has made business executives and board members comfortable with the idea of paying for IT resources and services “by the glass.” Moving to such a consumption model offers widely accepted financial and operational benefits that promote agility, scalability, and digital transformation. Leading cloud service providers such as Amazon Web Services (AWS), Microsoft, and Google all now charge by smaller and smaller increments, allowing customers access to services on an as-needed basis. For instance, AWS has been boldly aggressive in formulating its consumption model, actually charging customers for services used by the second. Business leaders should follow suit…
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