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5 ways to maximize your cloud investment

CIO Business Intelligence

Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

Cloud 118
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. I strike this language from all my contracts.”

Strategy 133
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% McKee, tech founder and digital twins thought leader at Counterpoint Technologies, acts as a part-time CTO for nine companies in the US and Europe.

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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

A 2022 survey of 850 IT leaders by Foundry found more than two-thirds were accelerating their cloud migration and nearly three-quarters (72%) were defaulting to cloud-based services for upgrades or new IT purchases. nyike The best way to avoid hidden #cloud costs is to read every word in the contract.

Cloud 111
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Buying advice for CIOs as low-code/no-code spending rises

CIO Business Intelligence

The predictions about the future of software development are contained in IDC’s “ Worldwide Low-Code, No-Code and Intelligent Developer Technologies Forecast, 2022-2026 ” report. That componentization is key, says Andrew Peterson, CTO of executive search firm Riviera Partners, a longtime user of low-code development tools.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

In July, for example, New York City started enforcing new rules about the use of AI in hiring decisions. As companies mature in their understanding and use of gen AI, they’ll have to put safeguards in place, says Juan Orlandini, CTO, North America at Insight, a Tempe-based solution integrator.

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

In July, New York City started enforcing new rules about the use of AI in hiring decisions. The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. Then, in July, Meta’s Llama 2 came out, and this time, it was licensed for commercial use. Then gen AI came out.