{"id":7307,"date":"2023-05-02T21:59:58","date_gmt":"2023-05-02T21:59:58","guid":{"rendered":"https:\/\/amarello.cloud\/are-you-financially-taking-advantage-of-all-the-benefits-of-the-public-cloud\/"},"modified":"2023-05-02T21:59:58","modified_gmt":"2023-05-02T21:59:58","slug":"are-you-financially-taking-advantage-of-all-the-benefits-of-the-public-cloud","status":"publish","type":"post","link":"https:\/\/amarello.cloud\/en\/are-you-financially-taking-advantage-of-all-the-benefits-of-the-public-cloud\/","title":{"rendered":"Are you financially taking advantage of all the benefits of the Public Cloud?"},"content":{"rendered":"
Reading time 5 minutes.<\/h5>\n

We have already talked on multiple occasions about digital transformation, the challenges, advantages and benefits it brings for large enterprises, but how do SMBs cope with digital transformation; and even more importantly, how can Amarello & Google Cloud help to take financial advantage of the Public Cloud?<\/p>\n

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Read on to find out the answer; first let’s put the situation in context. According to World Bank figures, Mexico ranks 15th among the world’s largest economies, thanks to the volume of its gross domestic product (GDP).<\/p>\n

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According to data published by DocuSign<\/span><\/a>According to data published by DocuSign, SMEs are a vital pillar of the Mexican economy, since they represent 99% of the country’s private sector, contribute more than 50% of the nation’s income and generate 78% of formal jobs. However, every year close to 33% of SMEs close and only 35% survive after five years of operations.<\/span> <\/p>\n

You may be interested in: Big Data in the cloud: What stage is your company at?<\/a><\/span><\/em><\/span><\/p>\n

Some of the most common causes of this are: lack of market knowledge,<\/span> technological disinvestment and poor financial management<\/span><\/strong>. En contraparte con estos datos nos encontramos con una luz de esperanza, ya que seg\u00fan reportes del IDC & Gartner, en los pr\u00f3ximos 5 a\u00f1os <\/span>the SMB segment has projected that most of its IT budget will be allocated to Cloud services<\/strong>. <\/p>\n

See also: <\/span>Data migration through BigQuery and Google Cloud.<\/a><\/p>\n

In addition to the technological benefits such as scalability, security, agility and availability, the cloud offers very attractive financial benefits, although it certainly requires adjustments as it is a change in technology acquisition models that is very different from the traditional model of licensing or purchasing equipment. <\/p>\n

FinOps and its relationship with the Cloud<\/span><\/h2>\n

Migrating to the cloud brings with it a series of benefits and transformations that are not limited to the technological or operational; FinOps, short for financial operations, is an operational framework that represents a cultural change that  adds technology, finance and the way of doing business, to strengthen financial accountability and increase business value by migrating to the cloud and reducing costs. <\/p>\n