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

CIO Business Intelligence

According to IDC’s July 2023 Future Enterprise Resiliency & Spending (FERS) survey of 856 senior IT and business managers in large enterprises, the IT line items most affected, in addition to rising tech salaries, include SaaS and PaaS costs. They ended up bringing most of those people back, at consulting rates, for six months.”

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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.

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

CIO Business Intelligence

The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. You now have the ability to jump over processes that have existed for years, sometimes decades, because of generative technology.” Then gen AI came out. This is where large language models get me really excited.

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Weighing risk and reward with gen AI vendor selection

CIO Business Intelligence

According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. We look at the vendor’s maturity and if they have proven success in the right focus areas for our business,” he says. Insight has a partner contract management team that looks closely at vendor agreements. “If

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7 challenges facing CIOs and IT leaders in 2020

mrc's Cup of Joe Blog

The most obvious answer is pay a premium for the best talent, or hire consultants with modern skills. A recent survey found that 70% of enterprise ransomware victims paid the ransom. How can you address this challenge? Of course, not many companies can afford this option. You’re forced to pay a ransom payment to restore file access.