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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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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 123
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Beginner’s Guide to Business Process Management (BPM) Software

mrc's Cup of Joe Blog

Summary: Business Process Management Software comes in all shapes and sizes. What should you be aware of before licensing a BPM tool? As mentioned above, BPM isn’t only about software. Now, all that being said, I’m focusing on the software side of BPM in this article. Let’s talk about business processes. What is BPM?

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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 138
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Examining the fallout of APAC tech skills shortages

CIO Business Intelligence

For Gangavarapu, technology procurement specialists and modern software product experts are also hard to find. This often leads to non-compliance and millions of dollars in penalties, or people getting stuck in contracts with no exit.

CTO Hire 110
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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

In July, for example, New York City started enforcing new rules about the use of AI in hiring decisions. For example, in an HR application, an employee might be allowed to see their own salary information and benefits, but not that of other employees. Even individual cities are getting in on the action. AI is a black box.