The Four Critical Requirements
The white paper highlights how IT Cost Transparency and TFM can address four critical requirements for the effective use of cloud computing:

• Financial Transparency - Issues such as accuracy in billing, reconciling costs across multiple providers, allocating costs back to business users, and understanding the total cost of ownership for both internal and external IT resources are essential
• Compliance - The virtual nature of cloud resources can put companies out of compliance with laws that require tight controls on the movement of data across international borders
• Demand Management - Cloud computing costs are demand-based, so companies must manage demand to manage their costs
• Governance Policy - Cloud resources are virtually unlimited, so to control costs companies should set limits on what can be done and then enforce those limitations