The on-demand tech paradox: Balancing speed and spend
This Capgemini article examines the paradox of cloud consumption models: while pay-as-you-go delivers speed and flexibility, it also brings new challenges for cost control and governance. It highlights how leaders can balance innovation with discipline as cloud spending accelerates. Connect with TMM Enterprises Group, Inc to learn strategies for managing speed and spend in your cloud journey.
What is the on-demand tech paradox?
The on-demand tech paradox refers to the struggle organizations face in leveraging on-demand technologies for agility and innovation while managing rising costs and governance challenges. A significant 82% of executives report escalating expenses in these areas, with many indicating that decentralized tech purchases create inefficiencies and risks.
How can organizations optimize their on-demand tech investments?
Organizations can optimize their on-demand tech investments by adopting a cloud-smart strategy aligned with business outcomes, engineering cost-aware architectures, expanding FinOps to cover all relevant technologies, and automating cost optimization through AI-driven tools. This holistic approach can help improve ROI while maintaining innovation.
What role does FinOps play in managing on-demand technology costs?
FinOps is crucial for managing costs related to on-demand technologies. While 76% of organizations are building FinOps teams, only 2% currently cover cloud, SaaS, and Gen AI comprehensively. Expanding the scope of FinOps to include these technologies can enhance strategic capabilities and promote better governance across functions.
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The on-demand tech paradox: Balancing speed and spend
published by TMM Enterprises Group, Inc
TMM Enterprises Group, Inc. (TMM) has combined its consulting, technology and training services with capabilities to distribute industrial products and services including pipes, valves, fittings, flanges, electrical, instrumentation and control products used in the, oil, gas, refining, industrial, mining and construction industries and in water and treatment systems
TMM offers individual parts purchases and complete turnkey packages from an extensive catalog of products and services. We provide on-time delivery to your locations to fully stock your projects.
Our product and process quality control assures maximum efficiency, attention to detail, reduced downtime, reliable service, quick turn-around on your requirements and all at competitive prices.
TMM provides high level business management consulting, technical support services, a proprietary contract and data management system, and business development training to respond to the many needs of small businesses.
TMM is a minority-owned company certified by State, Federal, local government agencies and The Supplier Clearinghouse for the Utility Supplier Diversity Program of the California Public Utilities Commission.