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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 132
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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. Rising software costs create headaches Another example is Ameritas Life Insurance, which has operations in the US, but the current 3.7%

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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 127
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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 112
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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

They can code, write poetry, draw in any art style, create PowerPoint slides and website mockups, write marketing copy and emails, and find new vulnerabilities in software and plot holes in unpublished novels. In a recent report, he estimated that gen AI software revenues will grow from $3.7 Gen AI took a few months.

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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.

CTO Hire 102