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Unlocking value: Oracle enterprise license models for optimal ROI

CIO Business Intelligence

With tight IT budgets getting tighter, many Oracle licensees with Unlimited Licensing Agreements (ULAs) are tempted to consider an exit plan to avoid the pinch of rising support costs. Most enterprises want to avoid expending unnecessary time, effort, and resources on licensing issues, so they can focus on maximizing value and results.

Oracle 101
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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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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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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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Cloud ROI: Getting innovation economics right with FinOps

CIO Business Intelligence

Nearly 85% of CIOs say despite increasing IT budgets they are under pressure to stretch budgets further than ever before—with a focus on technical debt and cloud costs. Gartner estimates that 70% of overspending is common in the cloud, with 67% saying they aren’t seeing the expected value from the cloud.

Cloud 98
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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.” Today’s CIO is not just a technology leader, but a business executive. Zero-based budgeting can be a good approach for discretionary spending.

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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 way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 124