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11 ways to reduce your IT costs now

CIO Business Intelligence

Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technology consulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. Moore’s law continues to play out in that space,” he says, “but Murphy’s law applies in the software space.”

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SAP offers faster updates, longer maintenance for S/4HANA in private clouds

CIO Business Intelligence

The changes will take effect with the 2023 release of software, which is now generally available. The biggest remaining difference in capabilities between the two platforms is around service management, enabling companies to track and bill for things like subscriptions or contracts for service or maintenance. “We

SAP 126
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10 tips for modernizing legacy apps for the cloud

CIO Business Intelligence

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. Successful application modernization should increase business and IT agility and scalability, Perry says.

Cloud 98
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5 ways to maximize your cloud investment

CIO Business Intelligence

Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

Cloud 124
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

Awareness of FinOps practices and the maturity of software that can automate cloud optimization activities have helped enterprises get a better understanding of key cost drivers,” McCarthy says, referring to the practice of blending finance and cloud operations to optimize cloud spend. I strike this language from all my contracts.”

Strategy 140
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6 tips for making the most of a tight IT budget

CIO Business Intelligence

This is where Saurabh Mittal, CTO at Mumbai-based Piramal Capital & Housing Finance, wants IT leaders to make a careful distinction. Enterprise technology leaders must differentiate between cost and investment if they want to make the most of their limited budgets. “It

Budget 138