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How will FASB lease accounting standard changes impact technology infrastructure procurement?

Off-balance-sheet operating lease financing is used by many companies to manage spend on IT infrastructure.  Many companies use this vehicle, also known as an operating lease, to flatten IT infrastructure spend and minimize risk of asset ownership. But the leasing rules are changing.  The Financial Accounting Standards Board (FASB) and International Accounting Standards Board are eliminating off-balance sheet leases for...

Cloud Computing IaaS

Healthcare's Requirements for a Cloud Services Provider

The Healthcare Industry’s Requirements for a Cloud Service Provider While data security and availability is imperative for any organization, it is especially true for those in the healthcare industry, whose access to personally identifiable information (PII) such as birth dates and social security numbers requires strong data security measures – and can present security concerns and complexities as these...

Healthcare Security and Compliance Cloud Computing managed services

Should the Information Technology team be tasked with reducing the cost of IT?

On a recent episode of data center podcast The Hot Aisle, Mark Thiele of Apcera talked about the dangerous belief among some business leaders that IT is created to reduce the cost of IT.  Sounds ridiculous, but it happens in so many organizations that this belief deserves more attention. Certainly, a good IT department has a responsibility for efficiency.  But if...

managed services

How are you keeping IT aligned with the business?

Information technology organizations have been pursuing business-IT alignment for as long as businesses have used computers.  Wikipedia defines business-IT alignment as: A dynamic state in which a business organization can use information technology to achieve business objectives – typically improved financial performance or marketplace competitiveness.  Some definitions focus more on outcomes, like the ability of IT to produce business value,...

Infrastructure as a service