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11 ways to reduce your IT costs now

CIO Business Intelligence

“Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

billion contract to return astronauts to the moon. Seattle-based home services technology company Porch Group added two new board members : Imagination Capital co-founder and Managing Partner Rachel Lam , and former Aviva plc Group CEO Maurice Tulloch. Freelancing platform Upwork hired former Amazon General Manager Saty Bahadur as CTO.

CTO Hire 138
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research. They ended up bringing most of those people back, at consulting rates, for six months.”

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

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. I strike this language from all my contracts.” It depends on what business model you’re in.

Strategy 140
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5 ways to maximize your cloud investment

CIO Business Intelligence

Plan for cost savings up front Cost optimization starts with defining desired business outcomes and architecting a cost-effective solution right from the start, says Jevin Jensen, research VP, Intelligent CloudOps Market at IDC. Understand your licensing schemes and usage policies, which can be very complicated,” says McMasters.

Cloud 124
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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

Given how we think the market will develop, generative AI will get embedded into every application we use,” says Nick Patience, research director specializing in AI at S&P Global Market Intelligence. The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. Then gen AI came out.

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Examining the fallout of APAC tech skills shortages

CIO Business Intelligence

Recent research from IDC report Enterprise Automation to Mitigate the Digital Skills Shortage found that up to 80% of organizations in the APAC region, excluding Japan, find it difficult or extremely difficult to fill vacancies in IT roles. Some of the hardest roles to fill include security, and development and data professionals.

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