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Example: A global manufacturing company opts for a hybrid cloud model to balance cost savings and data security, using the public cloud for non-sensitive applications and the private cloud for critical operations. Many regulations require companies to demonstrate robust security measures.
Most other service offerings from public cloud providers are extensions (like security or costcontrol platforms) that work with the above three basic models. According to a Gartner survey (link resides outside ibm.com), 75% of the world’s population will have personal data covered under modern privacy regulations by 2024.
For organisations in highly regulated industries such as banking or healthcare, this documentation is not just useful its often mandatory. Financial Stability and Predictability Since Waterfall follows a well-defined schedule and is based on predictable milestones, the methodology makes it easier to manage costcontrol.
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