Risk management is an integral part of the solution architecture development. Risk assessments should, therefore, be repeated at every significant decision stage of the architecture development process. This ensures that the levels of risk exposure continue to be acceptable. Since cloud service procurement is an operational expenditure and not a capital expenditure, cloud solutions must include a continuous service monitoring component.
Cloud service risk assessment for suitability is completed at the start and throughout the solution's lifetime. Services should also be reevaluated if the service provider introduces changes or if alternative service options are made available in the broader marketplace. This requirement is the basis for maintaining and updating industry benchmarks for every critical cloud solution service. Industry benchmark data is also an...
