Why Enterprises Must Tap FinOps to Regain Control over Cloud Spend
Information Week
FEBRUARY 9, 2024
As cloud services continue to make up a greater share of enterprises’ budgets, FinOps can help savvy organizations make their spending go further.
Download our cloud cost management enterprise buyer’s guide
CIO Business Intelligence
MAY 15, 2024
When the monthly cloud bill arrives, CFOs are hitting the roof. Cloud cost management tools are an answer. Budgeting, Cloud Management, Enterprise Buyer’s Guides, IT Management, Vendor Management Developer teams are learning that the pennies add up, sometimes faster than expected, and it’s time for some discipline.
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4 hidden risks of your enterprise cloud strategy
CIO Business Intelligence
FEBRUARY 20, 2024
As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT.
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Capitalizing on technology budgets: A CIO’s story
CIO Business Intelligence
APRIL 29, 2024
In today’s competitive business setting, enterprises are constantly under pressure to maintain profitability amid challenging economic conditions. By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures.
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Palo Alto cloud service prevents distributed enterprise data loss
Network World
NOVEMBER 11, 2020
Palo Alto is rolling out a cloud service that promises to protect the highly distributed data in contemporary enterprises. Data breaches are a huge and growing problem worldwide, but most of the current DLP systems were only designed to help global-scale organizations that have huge data protection budgets and staffs.
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Where to Find Cost Savings When Using the Cloud
CTOvision
APRIL 14, 2020
According to IDC, global spending on public cloud services and infrastructure is expected to increase from $229 billion in 2019 to almost $500 billion in 2023. With cloud budgets set to skyrocket, here are tips to help enterprise organizations save money when using a public, private, hybrid, or multi-cloud approach.
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Enterprises predict cloud budget growth will outpace overall IT spend in 2017
Computer Weekly
MAY 3, 2017
451 Research's latest Voice of the Enterprise report suggests enterprise IT buyers are feeling very optimistic about how much money they will get to spend on cloud and hosting technologies in 2017
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Outdated IT budget models slow enterprise cloud adoption, CIO research suggests
Computer Weekly
JANUARY 25, 2017
Research from IT services provider Trustmarque suggests the way that enterprises run their IT budgets is out of step with how they consume and pay for cloud
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The struggle to keep cloud budgets in check
Venture Beast
FEBRUARY 6, 2022
There are increasing concerns among execs who want to know why the cloud, which was meant to save money, has quickly eaten up their budgets. Read More.
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DIY cloud cost management: The strategic case for building your own tools
CIO Business Intelligence
APRIL 25, 2024
Cloud cost management remains a critical CIO priority. With questions around ROI, increasing outlay, and corporate scrutiny on IT cost savings on the rise, CIOs must know not only what contributes to their organization’s overall cloud spend but also how to optimize it.
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6 tips for making the most of a tight IT budget
CIO Business Intelligence
JANUARY 26, 2023
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.
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Australian IT Leaders Fighting Budget Pressures With Financial Transformation, FinOps
Tech Republic Cloud
OCTOBER 4, 2023
Apptio Asia-Pacific General Manager Pete Wilson says growing IT financial literacy in local enterprises is helping IT teams resist cost-cutting pressure and tie spending to business growth.
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The art of selling: IT budget approval made easier
CIO Business Intelligence
DECEMBER 12, 2023
Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. A majority of CIOs I speak with dread the budget approval process and breathe a welcome sigh of relief when annual budgeting comes to an end. Why was I at this presentation, you ask?
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The central role of a multi-cloud approach when future-proofing today’s dynamic enterprises
CIO Business Intelligence
JULY 27, 2023
As we closed out 2022 and began 2023, VMware’s Research and Insights organization interviewed more than 450 technology executives to get their candid views on the topics that present enterprises with the greatest opportunities and challenges. Notably, a multi-cloud approach is crucial to achieve both of these operational imperatives.
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5 hot IT budget investments — and 2 going cold
CIO Business Intelligence
FEBRUARY 13, 2023
Upgrading cloud infrastructure is critical for deploying broad AI initiatives more quickly, so that’s a key area where investments are being made this year. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group.
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Microsoft can’t keep up with demand for AI in the cloud — for now
CIO Business Intelligence
APRIL 29, 2024
When Microsoft posted its quarterly earnings last week, its CFO Amy Hood said that customers wanted more cloud compute for their AI workloads than the company could supply. billion (up 21%) came from its Intelligent Cloud segment, consisting of Azure and other public, private, and hybrid server products and cloud services.
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom
CIO Business Intelligence
NOVEMBER 2, 2023
Cloud costs remain a key concern for IT leaders, who find themselves nearing a crossroads where expenditures for core workloads will need containment to free up spend for innovation. 1 barrier to moving forward in the cloud. Cloud costs continue to be a top concern for CIOs,” says Dave McCarthy, analyst at IDC.
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Enterprise NLP budgets are up 10% in 2021
Venture Beast
SEPTEMBER 21, 2021
According to a new report from John Snow Labs and Gradient Flow, NLP investments among enterprises grew 10% year-over-year. Read More.
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Navigating Cloud Cost Complexity and Security
CIO Business Intelligence
OCTOBER 31, 2023
In the ever-evolving landscape of cloud computing, today’s leading enterprises are seeking ways to optimize their operations and enhance their security measures. Cloud costs and security are two critical aspects that every organization must carefully manage, and they are more closely intertwined than you might think.
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7 cloud market trends and how they will impact IT
CIO Business Intelligence
OCTOBER 17, 2023
The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. He adds, “This is behind the drive to generative AI by the cloud providers.
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14 in-demand cloud roles companies are hiring for
CIO Business Intelligence
DECEMBER 22, 2023
After marked increase in cloud adoption through the pandemic, enterprises are facing new challenges, namely around the security, maintenance, and management of cloud infrastructure. Following are the roles companies are most likely to have added to support their cloud investments, according to Foundry’s research.
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5 ways to maximize your cloud investment
CIO Business Intelligence
JANUARY 10, 2024
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.
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Why Tomago Aluminium reversed course on its cloud journey
CIO Business Intelligence
FEBRUARY 16, 2024
This conundrum is what motivated Tomago to migrate its ERP system to the cloud back in 2015. Describing their existing systems as “burning platforms,” he says that migrating to the cloud was essentially their only option. We walked into a partner-managed cloud environment,” he says. “We
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Enterprise Tech 2022: What's Ahead for IT
Information Week
DECEMBER 24, 2021
We've curated our prediction articles about IT spending and budgets, AI and analytics, automation, cloud, DevOps, and more so you can prepare for what's ahead in 2022.
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10 cloud strategy questions every IT leader must answer
CIO Business Intelligence
NOVEMBER 14, 2023
It’s no longer a question of whether organizations are moving to the cloud but rather how well it’s going. Cloud isn’t that shiny new object in the distance, full of possibility. Companies may have had highly detailed migration or execution plans, but many failed to develop a point of view on the role of cloud in the enterprise.
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IT budget shock: Global IT services firms continue to struggle
CIO Business Intelligence
FEBRUARY 8, 2024
Regarding investments in cloud computing, AI, cybersecurity, and related technologies, there’s a significant shift towards productization and platformization,” Gogia said. Nonetheless, there will be continued investment in enterprise security and cloud computing.
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7 enterprise data strategy trends
CIO Business Intelligence
NOVEMBER 22, 2022
Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.
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Cloud set to net a larger share of enterprise IT budgets in 2017, predicts 451 Research
Computer Weekly
NOVEMBER 15, 2016
451 Research's cloud and hosting market review suggests enterprise IT decision makers are preparing to ramp up with use of cloud and hosting services in 2017
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Survey finds a third of businesses go up to 40% over their initial cloud budget
Tech Republic Cloud
JANUARY 27, 2021
A Pepperdata study highlights unexpected costs that crop up as well as enterprise priorities.
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From Cloud to Customer
CIO Business Intelligence
DECEMBER 19, 2022
Why Cloud Platforms Matter to Marketing Leaders According to IDC, 89% of marketing campaign management applications in Europe are now cloud based rather than on premises. Marketing is becoming digitally transformed through the adoption of new cloud-based marketing applications.
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Volkswagen drives the automotive industry cloud forward
CIO Business Intelligence
JUNE 23, 2023
Industry clouds are increasingly becoming go-to solutions for IT leaders seeking services tailored to their verticals. For most enterprises, this involves deploying existing industry-specific offerings from SaaS providers or hypervisors.
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Security helps raise global enterprise IT spend
TM Forum
APRIL 29, 2022
Gartner, for example, points out that CIOs are investing in acquiring the agility and flexibility to cope with geopolitical disruption, inflation, currency fluctuations and supply chain challenges, with key areas of investment including analytics, cloud computing, seamless customer experiences and security.
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Why you must extend Zero Trust to public cloud workloads
CIO Business Intelligence
NOVEMBER 8, 2023
Today, many organizations are embracing the power of the public cloud by shifting their workloads to them. A recent study shows that 98% of IT leaders 1 have adopted a public cloud infrastructure. It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 8 Complexity.
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IDC: Pace of enterprise applications sales will increase next year
CIO Business Intelligence
AUGUST 7, 2023
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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Could Budget Sweeps Fix Your Cybersecurity Problem?
Cloud Musings
JULY 18, 2018
Agencies that only focus their time, energy and budget on meeting various mandates are having trouble keeping up with evolving cyber threats. A gencies must, therefore, approach data security at the enterprise level. Mandates around IT Modernization and Cloud Computing aren’t going away soon either. Wasabi is hot cloud storage.
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Unlocking value: Oracle enterprise license models for optimal ROI
CIO Business Intelligence
OCTOBER 2, 2023
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.
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Red Hat seeks to shrink IT skills gap with Lightspeed gen AI
CIO Business Intelligence
MAY 7, 2024
For IT leaders experiencing skills gaps in the data center and cloud, Red Hat believes it may have an answer. At Red Hat Summit 2024 in Denver today, the company announced plans to extend its Red Hat Lightspeed generative AI capabilities across all its platforms, including Red Hat OpenShift and Red Hat Enterprise Linux (RHEL).
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DoD Releases Enterprise-Wide Zero Trust Strategy
SecureWorld News
NOVEMBER 23, 2022
Department of Defense released its DoD Zero Trust Strategy, which outlines an "enhanced cybersecurity framework built upon Zero Trust principles that must be adopted across the Department, enterprise-wide, as quickly as possible as described within this document.". The 37-page document was finalized Oct.
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Understanding Innovation as a Large, Well-established Enterprise
CIO Business Intelligence
JANUARY 11, 2023
Innovation is crucial to the continuing success of any business, especially well-established enterprises. Here are five questions for well-established enterprises navigating innovation: What is innovation? Gears need to shift, processes need to be reformed, and budget needs to be allocated. What are you afraid of?
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Practical advice to optimize savings with cloud migrations
CIO Business Intelligence
FEBRUARY 1, 2023
As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. It’s an issue that’s coming to the fore with the steady migration to the cloud.
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Microsoft invests €3.2 billion in AI and the cloud in Germany
CIO Business Intelligence
FEBRUARY 15, 2024
billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. Germany second for enterprise AI use For example, he said, Germany ranks second worldwide in the nationwide use of AI by companies, which reflects the rapidly growing acceptance of AI technology.
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Cloud, services to fuel 3.7% jump in EMEA IT spending in 2023: Gartner
ComputerWorld IT Management
NOVEMBER 9, 2022
While companies are often hesitant to sign new contracts or commit to long-term spending initiatives during turbulent times, enterprise IT budgets are not central to this hesitancy, and as a result, businesses in EMEA (Europe, Middle East and Africa) are set to increase their IT budgets in 2023, said Gartner analyst and vice president John Lovelock.
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The secrets of successful cloud-first strategies
CIO Business Intelligence
MARCH 9, 2022
Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.
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Town Sends 15% of Annual Budget to Cybercriminals
SecureWorld News
AUGUST 26, 2021
That is approximately 15% of the town's annual budget. Since the town's budget is about $15.8 million annually, the loss could affect projects within Peterborough and whether they will be completed in a timely way, among other budgeting dilemmas. What is your take? Share your thoughts in the comments below to start a discussion.
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