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Enterprises have accepted the cloud. 94 percent of them are using cloud computing, according to a survey by Flexera. But, on average, five or more cloud providers are used. The typical cloud portfolio has become a sprawl of services, often consisting of mostly isolated siloed services. As a result, while cloud computing has dramatically reduced capital costs, operational costs for managing cloud have ballooned in size.
In order to bring order to their cloud management strategy, enterprises are turning to cloud governance. Cloud governance is a set of rules you create, monitor, and amend as necessary in order to control costs, improve efficiency, and eliminate security risks.
It’s not surprising then that a survey by Syncsort found that Data Governance (33%) ranked by IT professionals in second place among top challenges, behind skills/staff shortages (38%).
Brent Clements, senior cloud consultant at 2nd Watch, wrote that “Cloud Governance is critically important because it ensures that enterprise expenditures related to the cloud are aligned with the business objectives, promotes data integrity across the enterprise, encourages innovation, and mitigates the risk of data loss or non-compliance with regulations.”