November 24, 2016 | Kriti Adlakha
REAN Cloud (“REAN”), a Premier Consulting Partner in the AWS Partner Network (APN) and AWS Managed Service Partner, hosted the ‘CFO Series 2016’ event in Hyderabad on Nov 22, 2016 along with Dun & Bradstreet. The conference was attended by Financial Executives of leading enterprises in Financial Services, Manufacturing, Pharmaceutical and Real Estate verticals. The CFO Series 2016 focused on the theme: “Managing Cost, Compliance and Increasing Operational efficiency with Cloud Computing”.
The key points discussed during the event included:
- Overcoming Compliance & Regulatory risks on Cloud
- Business solutions for sustained growth
- Using Cloud to reduce Total Cost of Ownership (TCO) for enterprises
- Strategies for improving efficiency & driving innovation
The speakers highlighted that the decision to migrate to the Cloud not only impacts the Information Technology department, but also the entire organization, therefore, it requires a productive working relationship between all decision makers within an organization. As the Finance Heads’ decide for the company as a strategist, catalyst, steward, and operator—they can embrace Cloud to catalyze behaviors across the organization and to execute strategic and financial objectives, while diligently creating a risk aware culture.
Chandra Balani, Head of Business Development – EROI, Amazon Web Services (AWS), shared many examples where customers have been able to scale their IT infrastructure seamlessly following a steep rise in demand. One of the key examples included surge of traffic experienced by some Payment Wallets in a matter of a few days that has been easily accommodated without any lags as they are hosted on AWS Cloud. He also elaborated that migration to the Cloud not only decreases the Total Cost of Ownership but also takes away the infrastructure related concerns of organizations making them free to concentrate on their core business.
Gaurav Widhani, Business Manager, REAN Cloud pointed that Cloud is a critical business enabler that enhances agility, drives innovation and productivity while providing a platform to analyze data to derive insights that drive business growth. He mentioned that REAN Cloud not only provides Migration and Managed Services but also drives the Change Management in customer organizations by helping them leverage the benefits of AWS to the full extent.