Understand and mitigate your risks
Identifying and reducing risk is a top priority for CIOs. When it comes to cloud, there are risks, but the rewards are greater if you carefully monitor and mitigate them.
Cloud is both a delivery and consumption model. Though it's easy to spin up solutions, it's just as easy to experience cloud sprawl in which the costs of data storage, computing, and networking spiral. It's therefore important to regularly monitor consumption to control the costs of cloud. One could say the same for security. Keep in mind the data exposure risks that come with cloud and make sure you have the proper governance in place.
Though your cloud service provider may suggest that they offer full elasticity and the highest security measures, it's important to bring in a strategic partner with the expertise to review and verify what's been deployed. It's also a good idea to develop cloud-agnostic solutions in case you need to move to a different service provider in the future.