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Cloud Asset Management

Cloud Asset ManagementIn the past, companies had to manage extensive computer networks on their own, purchasing servers and networking appliances and allocating physical space for data centers. However, the advent of cloud computing has transformed this landscape significantly.

Today, companies can delegate most of their operations to the cloud, retaining only their LANs within their premises. The hybrid approach, where essential parts of the infrastructure remain on-site while other components migrate to the cloud, has gained popularity.

Cloud service providers like AWS, Google Cloud, and Microsoft Azure have played a pivotal role in this shift, offering remarkable agility and flexibility.

Cloud computing allows rapid scalability. If a company needs to double its data capacity, a simple adjustment in the subscription plan and some basic configurations can achieve this. Despite these advantages, effective management of cloud assets and cybersecurity remains crucial.

Understanding Cloud Asset Management (CAM):

When a company transitions its IT assets to cloud networks, these assets, such as hardware, software, and networking entities, become cloud assets. However, ensuring the seamless functioning and security of these cloud-hosted assets require expertise in Cloud Asset Management (CAM).

CAM involves meticulous tracking of every aspect of a company’s cloud estate, encompassing maintenance, compliance, upgrading, and disposal of cloud assets. It’s imperative to be aware of the security features offered by cloud service providers and not overlook available security tools, as instances of underutilization have occurred.

Challenges and Best Practices in CAM:

Visibility into cloud assets presents a unique challenge. You can’t secure what you can’t see, making monitoring a critical practice. Networking monitoring tools become essential for ensuring that cloud providers adhere to Service Level Agreements (SLAs). Monitoring bandwidth and uptime guarantees the reliability of cloud assets, especially when numerous users depend on them simultaneously.

Redundancy and automation are key allies in maintaining high uptime. Minimizing single points of failure, having data backups, and employing redundant servers enhance reliability. Automation not only reduces human error but also optimizes efficiency, particularly in repetitive cloud management tasks.

A robust risk management plan is vital. Identify potential risks such as natural disasters, cyber attacks, and power outages. Develop specific procedures for each risk and ensure employees are trained accordingly.

Security Assurance and Compliance:

Critical security measures should be continuously monitored through actionable assessments. Automated systems can rectify vulnerabilities without human intervention, ensuring no security gaps are left unaddressed. Non-compliant cloud resources must be promptly shifted back into compliance, meeting the legal requirements of cloud technology.

Incorporating my perspective, effective CAM not only provides security but also offers a strategic advantage. Understanding the nuances of cloud asset management empowers businesses to optimize their cloud usage, control costs, and ensure a seamless migration process. Moreover, it fosters a proactive approach, enabling companies to stay ahead of potential risks and leverage cloud resources to their fullest potential.

In conclusion, CAM is pivotal for businesses embracing cloud computing. Remember, your cloud assets deserve the same attention as those behind your firewall. Stay vigilant, stay secure, and leverage the full potential of cloud services for your organization’s growth.

Citation: Meena R., Cloud,  Luminis India, October 16, 2023,

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