Cloud Economics: Operations & Governance

Fall 2021

One of the great promises of cloud computing in its earlier days was that it would provide enterprises with significant cost savings. We now know that this was an overly simple view of cloud’s benefits. Rather than “how much will we save?” the question is now “what should our cloud costs be given what we’re trying to achieve – and how do we know?” This session explores the emerging field of “Cloud Economics.” We’ll review the experience of several leading cloud consumers, highlight the key components of achieving true cloud cost intelligence, and point the way toward realizing economic success with the cloud.


Tsvi has over 25 years of technology and operations experience mostly in financial services, media and telecom and is known across the industry for his technology leadership, innovation and business acumen.

At MSKCC, Tsvi leads technology services as well as the High performance Computing technology enabling AI, genomic sequencing as well as major transformation using EPIC, divisional Agile & DevOps transformation and the changes to the ways of work in technology, workforce strategy, and front-to-back initiative.

Prior to MSKCC, Tsvi served as CTO of Morgan Stanley’s shared services (infrastructure & data), Tsvi had been responsible for transforming the bank into a modern, efficient and effective organization. He completed a hundreds of million net cost reduction initiative while productivity and satisfaction improved.

Working collaboratively with the leaders of business technology, Tsvi led the creation and implementation of Morgan Stanley’s multi-year strategy and target state architecture along with the standards, guidelines, blueprints and use patterns that made it actionable to the engineering and development communities, broke the silo mentality and aggressively reduced technology debt.

Tsvi’s work helped position the bank as a leader in algorithmic trading/ ultra-low latency, migration to public cloud and containers, AI & machine learning, cyber security, mainframe optimization, data center consolidation, modern client experience, global network and near-fault tolerant operations.

Tsvi also oversaw the governance and regulatory compliance work with internal and external auditors and examiners.

Tsvi is the winner of the Einstein Award for technology excellence and known as a provider of strategic thought leadership and excellence in execution and transformation.
His experience ranges from traditional (server, storage, networks, operations, mainframes) to modern (public and private cloud, containers, cyber security) infrastructure as well as application development and Agile/DevOps transformation, with the focus on creating business value.

Greatest achievements are rooted from understanding and enabling the business to deliver both existing and new offerings in a combination of efficiency (cost), delivery focus (execution) and future-proofing (innovation).

Swamy Kocherlakota is the Chief Information Officer for S&P
Global and is responsible for driving the digital transformation and
delivering productivity improvements for our customers and
Prior to S&P Global, Mr. Kocherlakota was SVP, Global Head of
Technology Operations & Infrastructure at Visa, Inc. where he
oversaw global infrastructure and applications that processed over
130 billion transactions annually. Before VISA, he was at BNY
Mellon as the head of Global Infrastructure Engineering and
Architecture and led their infrastructure transformation. Mr.
Kocherlakota holds the recognition of being a distinguished
engineer at Lucent Bell Labs where he managed technology for
Lucent and its ventures.
Mr. Kocherlakota is a NASD registered representative and has a
PhD in Computer Science from Michigan State University.

Mike is a seasoned leader approaching 20 years with the Cigna Group. In his
tenure, he has served in a variety of roles across infrastructure, application
delivery, security, and technology strategy. He is currently the Managing
Director of Cigna's US Commercial Business where he is responsible for all
strategy, delivery, and operations across Sales, Underwriting, Pricing, Plan
Implementation, and the Cigna Pharmacy.
Prior to his current role, Mike led Cigna’s Center of Cloud Enablement
including the Public Cloud CoE, the Enterprise DevOps CoE, PaaS platform
engineering, and data center strategy & operations.  In this role he:
established Cigna’s Public Cloud Center of Enablement which enabled wide
use of public cloud services across all business lines; consolidated Cigna's
enterprise data center footprint; and led the consolidation of PaaS platforms.

Mike holds a Bachelor of Science in Management Information Systems and
an MBA from the University of Connecticut. He lives in Connecticut with his
wife and two children.

Sean D. Mack is a visionary and innovative technology leader with a history of driving global business strategy and transformation. He has extensive background in all aspects of technology leadership including DevOps, security, cloud, infrastructure, enterprise applications, development, and program management.

Sean is the CIO and CISO at Wiley. Sean has led global teams across a wide range of companies from large financial companies like Experian to innovative tech companies like Etsy. Throughout his career he has held a variety of technology leadership ranging from Vice President of Operations and Applications for Pearson Education to CIO for a start-up in the streaming media space.

Sean has his Bachelor’s degree in Computer and Information Sciences from the University of California and a Masters in Business Administration from Seattle University. Sean was born and raised in New York City and has lived in various places around the world including Seattle, Chicago, San Francisco and the UK. He currently lives in New York with his wife and six year old daughter. He likes fitness including martial arts and skiing. He rides a Triumph Thruxton and plays upright bass.

Brendan Welter the Chief Security and Technology Officer at Sterling National Bank, responsible for enterprise-wide technology services, cyber, resiliency and corporate security across the enterprise. He has nearly 20 years of experience focused on building and leading innovative technology, cybersecurity and risk teams within diverse global businesses. Prior to joining Sterling National Bank, Brendan was a Director at Credit Suisse where he held a number of leadership roles, including Global Head of Cyber Security Product Management, Global Head of Cyber Security Operations and Head of Technology Risk Management Governance. Previously, Brendan was with Oliver Wyman Group and NERA Economic Consulting. Brendan earned his BS from Fordham University’s Gabelli School of Business and his MS, with distinction, from New York Institute of Technology’s School of Engineering and Computing Sciences. Additionally, Brendan was also a Military-Business Fellow with Madison Policy Forum.

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