NEWS

ROK Technologies to Host Live Session on CapEx vs. OpEx: How to Account for Your Cloud Spend at Esri’s 2023 User Conference

[San Diego, CA] – ROK Technologies, a leading provider of GIS Managed Cloud Services and Platinum sponsor at this year’s Esri UC, is excited to announce a new and exciting live session titled “CapEx vs. OpEx: How to Account for Your Cloud Spend.” The session, featuring ROK Technologies CEO Alex Coleman, and an accounting expert from Deloitte, will explore how organizations can effectively leverage both capital expenditure (CapEx) and operational expenditure (OpEx) to support their cloud migration and ongoing service efforts.

Taking place on Tuesday, July 11, 2023, at 1:20pm PST in Expo Hall C, this informative session will feature Chris Chiriatti, Managing Director of Accounting and Reporting Services at Deloitte, as the keynote speaker. Chiriatti will address several crucial topics related to accounting for cloud computing costs, dispelling common myths and discussing challenges and opportunities associated with cloud conversions. Attendees will gain valuable insights into identifying instances where cloud computing spend can be capitalized and understanding the differentiation between CapEx and OpEx, including the impact of contract terms on accounting practices.

“We are thrilled to collaborate with Deloitte and bring this session to the attendees of Esri’s 2023 UC,” said Alex Coleman, CEO of ROK Technologies. “Understanding how to account for cloud spend is crucial for organizations and our session will provide both valuable insights and practical knowledge for those preparing for the Cloud.”

Don’t miss the opportunity to attend this insightful session and gain a deeper understanding of CapEx vs. OpEx when accounting for cloud spend. Visit Expo Hall C on Tuesday, July 11, 2023, at 1:20pm PST to participate in this informative discussion. Directly following the session, Mr. Chiriatti and the ROK Technologies team will be available for one-on-one questions at the ROK Technologies Expo Hall booth #1637 as well as provide ArcGIS Pro in the Cloud demonstrations and Cloud Preparedness assessments. 

Alex Coleman shares, “It is important to engage with accounting professionals, like Mr. Chiriatti as well as Cloud and technology experts, like ROK to provide guidance on best practices, ensure compliance with accounting standards and help navigate the complex rules and regulations of the technology-accounting space.”  

For more information about ROK Technologies and their GIS Managed Cloud Services, please visit roktech.net/GIS-services.

 

About ROK Technologies:

As a leading provider of GIS Managed Cloud Services, ROK Technologies understands how important GIS is. We deliver secure, scalable, and reliable geospatial solutions to clients across various industries and we enable organizations to leverage the power of GIS without the challenges of managing complex IT infrastructure. Our team of certified AWS, Azure, and Esri ArcGIS Enterprise® experts provide around-the-clock support, customized security solutions, flexible cloud options and proactive diagnostics; so you can focus on what you do best, GIS. At ROK, we take your GIS to the Cloud. Learn more about how we can help your GIS organization. 

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