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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 140
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Tech Moves: Microsoft vet named CEO at EnterpriseDB; Adaptive CCO departs; Temporal hires ex-Hashicorp EVP

GeekWire

billion acquisition by Aptiv in 2022. “Kevin’s extensive experience across technology companies and forward-leaning approach to innovation make him the ideal leader to chart EDB’s future,” Great Hill Partners managing director Drew Loucks said in a statement. . billion after raising $103 million in funding. .

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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

Helion co-founder and Chief Technology Officer Chris Pihl (left) with founder and CEO David Kirtley at their facility in Redmond, Wash. 2022: Highspot raises $248M at $3.5B billion (as of January 2022). Industry : Sales contract management software. Industry : Cloud data storage. Valuation : $3.96

Meeting 138
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Misled by metrics: 7 KPI mistakes IT leaders make

CIO Business Intelligence

Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. It’s 2022, we’re past the age of DRIP — data rich, insight poor.”. ROI and Metrics

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

Budget 145
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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this quarter, 74% of large enterprises report having FinOps teams and processes in place, up from 61% in 2022,” he says.

Cloud 124
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North Korean Threat Actors Targeting Healthcare Sector with Maui Ransomware

SecureWorld News

The report was published on June 7, 2022. Silas provides a technical overview of Maui ransomware: "The earliest identified copy of Maui was first collected by Stairwell's inception platform on 3 April 2022. Create and regularly review internal policies that regulate the collection, storage, access, and monitoring of PII/PHI.".