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11 ways to reduce your IT costs now

CIO Business Intelligence

“The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now.

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Cost Avoidance and Operational Costs | Maximizing Business Value with AWS

Linux Academy

For example, you can eliminate costly infrastructure refresh programs, and a variety of software license maintenance. Consider the typical items in your budget in a traditional IT environment like hardware maintenance costs, costs associated with OS patching, storage administration, and testing. All these things add up!

Linux 60
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CAPEX to OPEX, A Strategic Talk between CIO & CFO

Future of CIO

Digital is the age of change, technology life cycle becomes shorter every year and CAPEX doesn't allow most of IT organization to keep modern and competitive, how shall CIOs argue to CFOs to move from CAPEX to OPEX your IT budget? Start the conversation as a way of providing the CFO budgeting flexibility.

Budget 45
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Three “Q”s to Run a High-Mature Digital IT

Future of CIO

From PM perspective, the big Q - Quality is a function of scope, budget, and resources.This is why Agile approach involves users early in a process of creation the "things," and uses them continuously to "assure quality." In other words, more than just the IT budget). Return on IT Investment = Net Operating Profit / TCIT.

.Net 45
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The CIO's Four Views of IT KPIs

Future of CIO

The detailed data becomes a base from which statistical analysis can be performed to do far more accurate financial budgeting projections, based on natural growth rates at a fine-grained level and capacity planning is more accurately predicted too. CIOs act as an intrapreneur, to ask self two questions: Question 1 : most important.

Budget 69
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Pros and cons of low-code development platforms

mrc's Cup of Joe Blog

For instance, in an era where agility is crucial for modern businesses, low-code platforms help organizations deliver solutions quickly. With simple subscription billing that can be tucked into Opex budgets, low-code platforms can enable non-IT teams to build their own solutions,” says MacQuarrie.

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AI in the cloud pays dividends for Liberty Mutual

CIO Business Intelligence

And that is in no small part thanks to the vision of James McGlennon, who in his role as CIO of Liberty Mutual for past 17 years has led the charge to the cloud, analytics, and AI with a budget north of $2 billion.

Cloud 144