Eighty Twenty Thinking in Traditional and Cloud Environment 80/20 Thinking

In traditional IT environment, there is a constant pressure of cost reduction. Unpredictable demands, rapid changes in technologies, complex IT portfolios and acquisitions, increased business competition, and revenue demands are the main factors which have compelled organizations to look for better alternatives. There is little automation and considerable amount of effort goes into resource provisioning of business processes. Approximately 80 percent of the average CIO’s time is spent on non-technical tasks such as cost, quality, and agility of service. Emergence of cloud computing is a boon for not only large organizations but SMBs also, considering agility, automation, on demand resources, scalability, low capital expense, and utility based billing model. Most of the organizations are inclined towards the use of cloud environment to be more strategic and to gain greater insight into business. Eighty Twenty Thinking has been applied in a variety of fields ranging from Economics, and Business, to Project Management and Software engineering to fine tune the practices in that field towards improved efficacy. Adoption of cloud models allows leaders and managers to devote relatively more time and effort to business strategy challenges and decision making. In this study, comparison of traditional and cloud environment has been done from the perspective of Eighty Twenty Thinking. Keywords—80/20 Thinking; Traditional IT Environment; Cloud Computing; Decision making