Public cloud platforms achieve a lower cost basis by leveraging commodity infrastructure and economies of scale that come through multitenancy, automation, and standardization, he writes in a new post and report.

FORBES: Think Twice, Three Times, Before Moving Existing Apps to the Cloud

Beginning with the Swatch, which was based on a new "slim line" watch that had been developed by AUSAG before the merger, Hayek invested heavily in automation and the standardization of parts and tooling.

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Increased efficiency results from the standardization, better resource allocation and utilization, simplified and automated provisioning processes, and overall operational efficiency improvements in the automation of all aspects of IT management.

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