Writing a business case for cost optimization
A business case is a justification of why the business needs to make an investment in a cost optimization project or purchase a cost optimization third-party product. You can make a case by listing financial benefits and/or non-financial benefits, such as improved visibility in cloud spending or optimizing cloud operations. The business case highlights the cost and benefits of implementing the project. Sometimes, it also refers to a cost/benefit analysis report.
In this example, we will focus on writing a business case for the cost optimization of an existing big data analytics workload and how it can financially benefit the organization to optimize the current cloud spend over 1-year and 3-year terms.
Business case: Orion business analytics platform cost optimization
Executive summary: The “Orion” business analytics workload currently costs $12 million/year for its infrastructure hosting in the Microsoft Azure cloud...
