Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

From Chaos to Control - Episode 3

Name: From Chaos to Control - Episode 3
Uploaded: 2023-10-10T15:00:15+00:00
Duration: 52 s
Channel: Mike Austin
Description: Mike Austin, in Episode 3 of "From Chaos to Control," discusses rapid growth in public cloud spending—notably Azure surpassing traditional Microsoft…

10 Oct 2023 · 1 min

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Mike Austin, in Episode 3 of "From Chaos to Control," discusses rapid growth in public cloud spending—notably Azure surpassing traditional Microsoft Enterprise Agreement (EA) costs by multiple times—and argues that digital transformation and cloud-first strategies are driving this shift. He highlights the need for FinOps and visibility as organizations move digital initiatives to the cloud.

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You know, if you look back, even three years ago, just on the Microsoft side of the world, the Enterprise agreement was still the biggest spend, right? Like if you looked at your Microsoft spend, your EA with your all your Office 365 and your servers and things like that was your biggest spend and Azure was a fraction of it. We are now seeing deals where the azure spend is 5, 6, 7, 8 times the size of the annual enterprise agreement, right? So that public cloud spend is just growing, you know, exponentially, right? And so when we talk about finops and getting the visibility that it brings, you know, why is it important? Digital transformation is everywhere. Everybody's talking about digital transformation. And the fastest way to do that is to shift to the cloud first strategies, right? So obviously as the business rolls out digital initiatives, they're going to be moving those things to the cloud.