The Art and Science of Value Realization in the Cloud
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When asked in each of the last 10 years to list their primary focus, CIOs responding to the annual State of the CIO survey chose “aligning IT with business goals” number one—over and over again. Obviously, this alignment is mission-critical for CIOs. So how do they measure just how well they’re doing with this alignment? Specifically, what metrics can they present that show the link between, say, a major cloud expense and the business value that expense generates?
The answer is, by and large they don’t. They want to actually measure the business impact of cloud and other IT spending, but most CIOs feel they don’t have a credible and trusted means of doing so. Now some leading edge organizations around the globe and across a broad swath of industry types are using a methodology called Value Engineering to produce these elusive value metrics. |
