Cloud governance is a collection of practices that ensure users operate the cloud in ways they want, such operations are run efficiently, and that they can monitor and correct processes as necessary. A cloud governance framework isn’t a new array of practices or concepts but simply applying existing governance practices to cloud operations.

Principles of Cloud Governance

Any strategy for cloud management must include the critical factors for effective cloud governance. They are essential to provide proper controls and optimize the use of cloud services. Furthermore, such elements are not independent or isolated objectives, but they influence and constrain each other as needed. Here is a closer look. 

1. Financial Management

Financial management policies give frameworks to make business decisions on cloud resources. Companies should adjust cloud usage to manage spending within budgeted parameters. Also, establish procedures for cost controls, reporting, and alerts. Most cloud vendors provide cost reporting tools and if those prove to be insufficient, look to third-party services to fill that gap.

2. Security and Compliance

With cloud governance, information security practices are shaped by a combination of business objectives and regulations. Enterprises should assess risks, privacy, access, and identity management—furthermore, asses encryption protocols, contingency planning, and application security. 

3. Data Management

A company’s governance strategy and practices should include clear guidelines to manage the full lifecycle of data in your organization. Managing the data lifecycle in an organization, including classification, access, encryption, storage, and deletion, will also help. 

4. Performance

Monitor and manage application performance and infrastructure resources such as latency, users, transactions, etc., to deliver desired service levels. A vital advantage of the cloud is scalability and resource adjustments according to workload and traffic. 

5. Operations Management

Define SLA processes, determine resource requirements for new applications, and their deployment and regular monitoring. A straightforward, well-defined operations management practice is one of the best ways to prevent shadow IT operations from creeping into your cloud environment.

6. Asset and Configuration

Enterprises should rely on controlled processes in deploying large clusters or use high-benefit cloud services. Automate allocation and resource deployment to ensure the desired state of applications: control use and storage of resources and relevant keys. 

VEXXHOST Cloud Solutions 

Enterprises should find solutions that suit their business requirements and facilitate steady growth. Cloud governance is such a tool. As a reputed IaaS provider, we ensure that our clients get the best storage services for their data. Our storage services include object storage, block storage, and file storage, removing vendor-lock-ins using an open source platform. At VEXXHOST, we provide cloud solutions for a multitude of clients worldwide. We provide OpenStack-based clouds, including public clouds and dedicated and highly secure private cloud environments, ensuring utmost security and agility. 

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