The CFO Playbook on Cloud Computing: The Data and Operations Risks CFOs Must Know About and How to Combat Them
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About CFO Playbook
CFO Playbook is a series of educational best-practice Webcasts, podcasts, eBooks and events providing chief financial officers with practical knowledge and insights from industry analysts, subject matter experts and peers at leading companies.
As more and more companies move to the cloud, senior finance executives must consider financial implications and risks that accompany this move and how to address them.
For example, do companies that transition to the cloud increase their data-security risks and do they need specific types of data-security insurance coverage? Are they more vulnerable to service interruptions? And what can senior finance leaders who are thinking about moving their companies' data or software to the cloud learn from other companies that have transitioned to the cloud successfully?
This Webcast will identify the risks you need to be aware of, as well as the best practices you can implement, to ensure that your company is making the most of the cloud while protecting your company's assets.
During this Webcast, a panel of experts will discuss:
- How to define and assess cloud risks;
- How to separate hype from reality when evaluating cloud risks;
- How to distinguish among risks corresponding to public, private and hybrid cloud implementations;
- How to compare risks of moving to the cloud with risks you would incur by keeping data and software in-house;
- How to plan strategically for cloud risks;
- How to weigh the costs of addressing cloud risks;
- How to partner with your IT department on managing the transition to the cloud; and
- Best practices of companies that have navigated through cloud risks successfully.
About the Panelists
Jimit Arora, Vice President, Everest Group
Jimit Arora is a key contributor to Everest Group's Service Provider Intelligence practice, which is focused on conducting in-depth research and providing insights on providers of outsourcing services. Jimit is also responsible for Everest Group's vertical-specific research practices that are focused on banking, financial services and insurance, and healthcare outsourcing.
From his research and interviews, he stays on top of current and emerging trends in service provider sourcing offerings and global delivery capabilities. Jimit leverages his knowledge to create intellectual property for the Service Provider Intelligence group and to assist with supplier evaluations and workshops. He also maintains an extensive network of relationships with providers in India and other key offshore destinations. He has worked with a number of service providers on a variety of growth-focused initiatives. Jimit is also a key contributor to the offshore business process outsourcing (BPO) research practice and he has made significant contributions to syndicated research in outsourcing.
Prior to joining Everest Group, Jimit was working as an implementation associate with GlobeOp Financial Services, a hedge fund administration company, where he managed a hedge fund implementation team. Before then, Jimit provided business development support to a Detroit-based IT start-up. He has a Masters in Management Studies and a Bachelor of Mechanical Engineering (Honors) from BITS (Birla Institute of Technology and Science) in Pilani.
Dhaval Moogimane, Partner, Waterstone Management Group
Dhaval is a partner with the Waterstone Management Group, a specialized advisory services company exclusively focused on servicing clients and investors in the technology industry.
He brings extensive experience in leading companies to develop and execute profitable growth strategies. He has more than 15 years of management and consulting experience that blends business strategy development, operations, technology and cross-border P&L management. Most recently he has worked with a number of technology clients to assist them with their cloud services transformations.
Prior to joining Waterstone, Dhaval was an associate partner with IBM Business Consulting Services. He joined IBM through its acquisition of PwC Consulting. He has an undergraduate degree in Electrical Engineering from Mumbai University, and he has an MBA in Finance and Strategy from Indiana University in Bloomington.
Thoran Rodrigues, Cloud and Big Data Enthusiast
After working for a database company for eight years, Thoran Rodrigues took the opportunity to found his own company, with a focus on cloud computing and Big Data. For the past two years his company has been providing services for several of the largest companies in Brazil in several segments, and over this time he has had the opportunity to work on large-scale projects ranging from large-scale data retrieval to high-availability critical services.
About the Moderator
Keith Button is a contributing editor and researcher for CFO.com and CFO Research with more than 20 years of journalism experience. He is a freelance writer for several financial publications, and has previously worked as a publications editor for Ernst & Young in New York, a reporter for Hedge Fund Alert in Hoboken, N.J., and a business reporter for the Watertown (N.Y.) Daily Times.