MeriTalk: Cloud Playing a Role in SEC Managing IT as a Business

“The Securities and Exchange Commission (SEC) is seeing cloud service play a big role in helping the agency drive costs back to business centers and programs, while working with customer experience officers (CXO) to help manage IT as a business, the agency’s top IT official said today.

‘We made a conscious decision, in terms of how we were setting up our environment, to make sure that we had the right accounting cost tracking mechanisms in place,’ said SEC CIO Dave Bottom at an event organized by Federal News Network. ‘So, as we’re working with the divisions and offices of the SEC to migrate or build new applications that will be running in our cloud environments, we can directly track those costs back to those applications.’

Bottom also said it’s important when using the SEC’s cloud environment to really understand what the drivers are of using that cloud. When utilizing hardware, he says, you have incentive to get as much use out of it as possible, but with cloud, he wants the opposite.

‘I actually have the reverse incentive,’ he said. ‘I don’t want to use the resource because I’m paying by the drink.’ He added that understanding the drivers of cloud use – and knowing what the mission and business needs are of a given application or of a dataset – are critical…” Read the full article here.

Source: Cloud Playing a Role in SEC Managing IT as a Business – By Jordan Smith, March 12, 2021. MeriTalk.

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