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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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11 ways to reduce your IT costs now

CIO Business Intelligence

With storage you might always want the best support plan to replace any failed components within a few hours or less,” says Pratt. Consider consumption-based contracts One of the best ways to align IT costs with value-generating outcomes is with consumption-based pricing, although it may seem like a higher-cost option.

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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. Understand your licensing schemes and usage policies, which can be very complicated,” says McMasters. We look for transparency,” he says.

Cloud 124
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Funding news: AI-fueled drug discovery startup and auto safety company raise cash

GeekWire

The tech: Variational AI’s Enki software generates novel molecular structures using its algorithms trained on a set of compounds screened against drug targets from both experimental and computational sources. Instead of licensing its platform, Variational AI aims to develop and license its own compounds. million in seed funding.

Company 128
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Expanding the Cloud for Windows Developers - All Things Distributed

All Things Distributed

The software that powers todayâ??s Managing databases has been a stumbling block for many of our customers, shifting their time away from developing innovative applications to the â??muckâ?? Under the License Included service model, you do not need to purchase SQL Server software licenses. License Includedâ??

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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. It took some time for me to realize how to make the right tech choices. Continuously evaluate your infrastructure, projects Software makes up a major chunk of an organization’s IT infrastructure cost.

Budget 138