Case study
To illustrate the principles of cloud vendor management in a real-world context, let’s consider the case of XYZ Corp, a hypothetical global e-commerce company, and their successful relationship with their primary cloud vendor, CloudTech (a hypothetical cloud vendor).
Background
XYZ Corp, as an e-commerce entity, processes millions of transactions daily. They needed a robust cloud environment to handle this volume while ensuring data security and system availability. In 2022, they chose CloudTech, one of the leading CSP globally, known for its robust infrastructure, scalability, and advanced security controls.
Risk analysis and vendor selection
XYZ Corp had a structured vendor selection process in place. They evaluated several vendors on different parameters, including service offerings, scalability, reliability, cost, and, most importantly, their security posture. They performed a thorough risk assessment, which included reviewing CloudTech’s security...