Bimodal IT refers to the management of IT in two modes, one for providing reliable, available and safe IT systems, and the other for speed and maximum flexibility.
BYOC is a movement whereby employees and departments use their cloud computing service of choice in the workplace. Allowing employees to use a public cloud storage service to share very large files may be more cost-effective than rolling out a shared storage system internally.
Cloud economics is the branch of knowledge concerned with the principles, costs and benefits of cloud computing.
IT elasticity is the ability to adapt an IT infrastructure to seamless changes without hindering or jeopardizing stability, performance, security, governance or compliance protocols.
Shared services is the consolidation of business operations that are used by multiple parts of the same organization.
Vertical SaaS describes a type of Software as a Service cloud computing solution created for a specific industry.