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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

Licensing 122
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6 tips for making the most of a tight IT budget

CIO Business Intelligence

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

Budget 138
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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Cloud is taking an ever-larger proportion of IT departments’ budgets, and the picture is no different here.

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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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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Not necessarily.

Licensing 138
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CIOs take aim at SaaS sprawl

CIO Business Intelligence

Salesforce, Workday, Atlassian, Oracle, Microsoft, GitHub, and ServiceNow are but a few of the many vendors whose cloud applications make up the new tech backbone for most enterprises today, in conjunction with customized in-house apps and niche offerings across public clouds. “It It’s unwieldy at times managing a detailed budget by vendor.

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5 ways to maximize your cloud investment

CIO Business Intelligence

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. 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.

Cloud 124